
Our system: GP10
My payroll clerk informs me that the amount that GP has shown as liability for SUTA is not correct based on the percentages used in the tables. Is there any way to adjust the calculation being made?
GA SUTA is capped at $8500 wage base
Our SUTA rate is .12%
The current SUTA in trial balance is coming up to .1157%. This seems to be a rounding issue that might correct once all employees reach the max amount, but it is seen as enough of a difference so far that we wanted to see if this is a calculation issue or not.
Also, in researching this I found that Georgia is part of the .9% FUTA rate due to the "Credit Reduction" act. We have run 4 payroll runs with the default rate of .8% FUTA. Is there a way to back-date the .9% or is a manual journal entry the only way to correct this difference?
Any guidance on this will be greatly appreciated.
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