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Trace: • ASCENDER - August Accruals • ASCENDER - Budget Process • Create/Modify Requisition - REQ3100 • ASCENDER - Position Management: Salary Simulations Overview • Copy Finance Tables to Budget - BUD7000
academy:business_payroll_updatetaxtableschecklist

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academy:business_payroll_updatetaxtableschecklist [2022/01/03 19:48] – emorenoacademy:business_payroll_updatetaxtableschecklist [2024/12/13 17:52] (current) – emoreno
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 <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|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 document 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 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]]. 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 obtaining and downloading the two tax table files, use the [[payroll:utilities:installsalarytaxtables|Payroll > Utilities > Install Salary/Tax Tables]] page to upload the tax files. +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}} {{:general:install_tax_tables_fed_inc.jpg|Install Tax Tables Fed Income}}
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 VCV Under **Current-Next Year**, select **Current Year**. VCV Under **Current-Next Year**, select **Current Year**.
  
-VCV Under **Process Specifications**, in the **Calendar Year** field, type the new tax year (e.g., 2022). The Import Path will be populated with the file name once it is selected.  +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_2022.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.+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_browse.jpg|Browse Pop-up Window}}
  
-VCV Click **Execute**. A preview report displays with the name of the table being updated (e.g., Fed. Income Tax Table for year 20XX).+{{:general:install_tax_tables_fed_inc_populated.jpg|Install Tax Tables Fed Income}}
  
-{{:general:install_tax_tables_fed_inc_preview.jpg|Install Tax Tables Preview}}+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.  VCV Click **Process** to complete the import. 
  
  
-<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_2022.txt file.  +{{: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> </div>
 +
  
  
academy/business_payroll_updatetaxtableschecklist.1641239329.txt.gz · Last modified: 2022/01/03 14:48 (external edit)

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