We are receiving the same error message. Has anyone figured out the issue?
Denise, would the rounding option for FED only round the Federal income tax or all federal taxes, including medicare? We have a customer who says the last two payroll runs that the system started rounding medicare on top of the federal income taxes, so they had to turn off rounding all together. I’m able to replicate this as well in their test tenant. They are on Acumatica 2020 R2Build 20.210.0044.
Perfect, that’s what my understanding was, just wanted to confirm. Thank you!
Hi Denise, my question is somewhat related. After running update taxes on the tax maintanence screen and saving. Do you need to run the assign taxes to employees as well? I don’t think so but just wanted to confirm.
Thank you. I ended up putting in a support ticket and they ran the script for me.
Yes, that’s perfect. Thank you!
Thanks for the quick reply Denise. I’m looking for an explanation on the Rounding Option setting for Fed (see below).
Thanks Denise. I missed the adjustment option when trying to figure it out! Would you use the adjustment option during a payroll implementation as well or is there an easier way to bring over the current years data for reporting purposes? For example, a client starts using Acumatica payroll in February. You would use the adjustment option to bring in each employees YTD payroll numbers?
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