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academy:business_payroll_updatetaxtableschecklist

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academy:business_payroll_updatetaxtableschecklist [2021/12/10 20:03] – created emorenoacademy:business_payroll_updatetaxtableschecklist [2024/12/13 17:52] (current) – emoreno
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-======Update Tax Tables Checklist======+======Update Tax Tables======
  
 <div #message></div> <div #message></div>
  
-<WRAP box #no-print>{{:images:printer2.jpg|}}[[academy:business_payroll_updatetaxtableschecklist?do=export_pdf&toclevels=1-3&book_title=Update Tax Tables Checklist|Click here to generate a PDF of this checklist]].+<WRAP box #no-print>{{:images:printer2.jpg|}}[[academy:business_payroll_updatetaxtableschecklist?do=export_pdf&toclevels=2-3&book_title=Update Tax Tables|Click here to generate a PDF of this checklist]].
 </WRAP> </WRAP>
  
  
-<WRAP round intro>This checklist provides information about updating tax tables for the new tax year. +<WRAP round intro>The purpose of this document is to guide you through the necessary steps to update tax tables for the new tax year. 
  
-This checklist assumes you are familiar with the basic features of the ASCENDER Business system and have reviewed the [[academy:business_overview_guide|ASCENDER Business Overview guide]].+This document assumes you are familiar with the basic features of the ASCENDER Business system and have reviewed the [[academy:business_overview_guide|ASCENDER Business Overview guide]].
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-After you download the two tax tables (which can be found?), complete the following: 
  
-^VCV|+After obtaining and downloading the Federal Income Tax and FICA Tax files, use the [[payroll:utilities:installsalarytaxtables|Payroll > Utilities > Install Salary/Tax Tables]] page to upload the files.  
 + 
 +{{:general:install_tax_tables_fed_inc.jpg|Install Tax Tables Fed Income}} 
 + 
 + 
 +VCV Under **Tables**, select **Fed. Income Tax**. 
 + 
 +VCV Under **Current-Next Year**, select **Current Year**. 
 + 
 +VCV Under **Process Specifications**, in the **Calendar Year** field, type the new tax year (e.g., 2024). The **Import Path** will populate the file name once it is selected in the next step.    
 + 
 +VCV Click **Browse**. Locate and select the Fed_Income_Tax_20XX.txt file from your computer or network, and then click **Submit** to accept the import file and return to the Import Salary/Tax Tables page. 
 + 
 +{{:general:install_tax_tables_fed_inc_browse.jpg|Browse Pop-up Window}} 
 + 
 +{{:general:install_tax_tables_fed_inc_populated.jpg|Install Tax Tables Fed Income}} 
 + 
 +VCV Click **Execute**. A preview report displays the name of the table being updated (e.g., Fed. Income Tax Table for year 20XX). 
 + 
 +VCV Click **Process** to complete the import.  
 + 
 + 
 +{{:general:install_tax_tables_fed_inc_preview.jpg|Install Tax Tables Preview}} 
 + 
 + 
 + 
 +<div indent>Repeat the same process to upload the FICA tax file, except under **Tables**, select **FICA Tax Rates**, and then click **Browse** to select and import the FICA_Tax_20XX.txt file.  
 +\\  \\   
 +Use the Payroll > Tables > Tax/Deductions > Income Tax or FICA Tax tabs to verify that the tables were updated successfully.    
 +</div> 
  
  
academy/business_payroll_updatetaxtableschecklist.1639166631.txt.gz · Last modified: 2021/12/10 15:03 (external edit)

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