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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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Attention Basic Payroll Users:Florida reduced the taxable wage base from 8500 to 7000

Florida reduced the taxable wage base from $8500 to $7000. These changes take effect beginning with the first quarter unemployment tax (January 1 – March 31, 2010).  Netsuite had been updated to comply with the state requirements.

Action Required:

Adjust the Taxed Wage Base and Florida Unemployment Tax for employees who have exceeded $7,000. 

To search for employees who have reached the old limit:

1.      Go to Reports > Payroll > State Withholding
2.      View the Detail Report by clicking the amount under “Amount Withheld” column next to Florida Unemployment
3.      Under the Wage Base column, search for employees who have exceeded $7000.00

To Create Payroll Adjustment:
1.      Navigate to Transactions > Employees > Create Payroll Adjustment >

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