Differences

This shows you the differences between two versions of the page.

--- us_-_labor_industries_tax_-_washington_state [2017/10/16 13:56 (7 years ago)] – [Tax] rreyes
+++ us_-_labor_industries_tax_-_washington_state [2017/10/16 14:30 (7 years ago)] – [Custom Tax] rreyes
@@ Line 39: / Line 39: @@
   - Since we are about to create a custom tax, click the **[Create]** button and click **[Yes]** to the confirmation dialogue.
   - Enter the //Name//, //Abbreviation//, //State//, //Sub Type// (from #2), //Calculation Type// (from #3), and //Effective Date// and click **[OK]**.
+  - //Type// Tab:Enter the //Expense and Liability Ledgers// for posting and just leave the //Hourly Rate// as it is.
+  - Then click the **[Rates...]** button to open the rate table for this tax. Just click **[Yes]** on the confirmation dialogue to proceed with the creation of rate table.
+  - Set the range of 1 to 365 in the //Salary Start and End// columns. This will consider all of the pay periods.
+  - In the //<Amount>// column, enter the employee withholding rate which is in this example as 0.30530.
+  - Enter the employer withholding rate in the //<Formula>// column, which in this case is 1.09480.
+  - Then exit out of the rate table to go back to the //Type// tab by clicking the "X" icon at the upper right most corner of the window and navigate to the //Details// tab by clicking the **[Next]** button.
+  - //Details// Tab: Enter the payee of this payroll item in the //Remittance Payable to// field and configure the //W2 Boxes// for reporting purposes. Set the //Usage Control// to "Adjust Rates Allowed" and click **[OK]** to save and exit.
+<note important>Remittance Payable to and W2 Boxes may differ in the actual setup. Refer to you accountant as which specific tax box will it be reported as well as the payee for the remittance</note>