Dynamics GP
Dynamics GP
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Do payroll yearends need to be run prior to installing tax update
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Do payroll yearends need to be run prior to installing tax update
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We ran the payroll tax update prior to running any of the payroll yearends.
We see that the 2022 FICA limit now shows on the top of the Year end reports
Is this an issue?Thank you
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Mary Mallazzo
Fromkin Brothers
Edison NJ
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Good morning Mary. That is a good question and one I just asked my partner. He made a very good point that the Social Security threshold had changed and we wanted to make sure the 2021 threshold reflected 2021 wages. Do not update taxes prior to running year end.
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Denise McCaughan
Administration Support Manager
Southern Manatee Fire & Rescue District
Bradenton FL
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