
Hello,
I am wondering if I can update the SUTA percentage on the employer's side.
I know I can do a manual check/beginning balance correction for the employees but is there anything else I would need to do when I change the SUTA percentage in HR & Payroll ==> Setup ==> Unemployment Tax ?
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I have the same question (0)I found the answer. For the employer's side, I have to reserve the journal entry out if I've posted for period end, correct the SUTA percentage in Unemployment Tax, and then post for period end again.