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Attention: Customers with NetSuite Electronic Bank Payment (EBP) SuiteApp, version 2020.2 QA (ID 315896) must UPDATE (do NOT uninstall) their bundle to the Production version 2022.1 (ID 416781) by December 31, 2022. Note: If users fail to manually update the Electronic Bank Payments SuiteApp within the given time window, this version of the SuiteApp (ID: 315896) will be deprecated and the account will not be updated to Leading version (2022.1) of the Electronic Bank Payments SuiteApp. Please refer to the campaign email sent to impacted customers for more information.
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Important Reminder on Massachusetts Health Insurance Tax Rate
As you may be aware, the maximum rate for Massachusetts Employer Health Insurance Contribution had increased from 0.12% to 0.24%.
Please ensure that your Massachusetts Health Insurance Tax Rate is properly set-up in your NetSuite account.
To verify the rate in your interface, kindly do the following:
1. Navigate to Set up > Payroll > Set up Payroll > Taxes Tab >
2. Check the rate next to MA UI Health Insurance
Should you need to update your account, kindly do the following:
1. On the Taxes Tab of the Set Up Payroll page, edit the rate next to MA UI Health Insurance (example enter 0.0024 for .24%)