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Trace: • Verify or add Purchasing accounting period • Generate the Employee Salary Information report • add_rp_record • Generate the Employee Salary Information report • Verify/update Workers' Compensation rates
general:humanresources:checklists:firstpayrolloftheschoolyearchecklist:step12

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general:humanresources:checklists:firstpayrolloftheschoolyearchecklist:step12 [2020/08/11 20:56] – emorenogeneral:humanresources:checklists:firstpayrolloftheschoolyearchecklist:step12 [2024/06/27 19:40] (current) – emoreno
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 +====Verify/update Workers' Compensation rates====
 +
 [[payroll:tables:taxdeductions:workerscomp|Payroll > Tables > Tax/Deductions > Workers’ Compensation]] [[payroll:tables:taxdeductions:workerscomp|Payroll > Tables > Tax/Deductions > Workers’ Compensation]]
    
 Verify that the workers' compensation rates are accurate for the new school year. If not, update the rates. Verify that the workers' compensation rates are accurate for the new school year. If not, update the rates.
 +
 +{{:general:step_13_first_py_of_sy_workers_comp.png|Workers' Compensation Tab}}
  
  
-For example, if the Workers' Compensation letter provides a rate of .001792, move the decimal two places to the right and type that number in the **Net Rate** field. +For example, if the Workers' Compensation letter provides a rate of .001792, move the decimal two places to the right and enter that number in the **Net Rate** field. 
  
-Codes and rates are LEA specific.+Codes, descriptions, and rates are LEA-specific.
  
 <WRAP Box> **Note**: The number of months in the contract should correlate with the number of workers' compensation payments. For example, if the employee has a 10-month contract, then the employee will have ten workers' compensation payments for the year. <WRAP Box> **Note**: The number of months in the contract should correlate with the number of workers' compensation payments. For example, if the employee has a 10-month contract, then the employee will have ten workers' compensation payments for the year.
general/humanresources/checklists/firstpayrolloftheschoolyearchecklist/step12.1597179388.txt.gz · Last modified: 2020/08/11 15:56 (external edit)

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