Payroll for NA / Time and Labor - PSFT (MOSC)

MOSC Banner

SUI rate decrease caused tax balance adjustment.

in Payroll for NA / Time and Labor - PSFT (MOSC) 4 commentsAnswered

Hello,

Recently, we discovered lots of our employees, max balance period row got adjusted with latest SUI rate for Q1 in tax balance table.

e.g. Emplid: 10030000
This employee got only 3 paychecks in 2024 in month of Jan.
For state MD, Unemployment Er(Tax class U) got deducted based 2.1 SUI rate(effective date: 01/01/1910).
Business added effdt: 01/01/2024 in month of Feb with lower experience rate: 1.8.
Since this employee didn’t receive any paycheck in month of Feb, no adjustment happened in tax balances through pay check after confirm.
Business again added effdt: 01/02/2024 in month of April with lower experience rate: 1.2.
Since this employee didn’t receive any paycheck in month of April, no adjustment happened in tax balances through paycheck after confirm.

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

PSFT NA Payroll Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center