PR Department Codes window: Tax Expense Accounts tab
Use this tab to enter the expense accounts attached to Tax Codes for this Department Code. You must define expense accounts before you post.
Defaults
Enter the default federal, state, and local tax expense accounts in this section of the window.
Federal Account
Use the Lookup or type the federal tax expense accounts for Social Security, Medicare, Tax 3, and Unemployment.
State/Local Account
If you want to enter default accounts for your state and local tax expense accounts, use the Lookup or type the tax expense accounts for Tax 1, Tax 2, Tax 3, and/or Unemployment. You can overwrite the defaults in the grid below for individual Tax Codes or you can leave these fields blank and only enter expense accounts for the Tax Codes in the grid.
Tax Expense Account Grid
Enter the tax expense accounts for the Tax Codes attached to this Department Code.
Code
All state and local Tax Codes you created in the
PR Tax Codes window appear in the grid. You cannot edit this field.
Description
The description for the Tax Code is defined in the
PR Tax Codes window and cannot be edited here.
Tax 1/Tax 2/Tax 3/Unemployment/Per Hour Tax
Enter the tax expense accounts for the Tax Codes in the grid. You can enter the accounts here or you can define a default for all accounts in the Defaults section of the window. Accounts you enter here will override the default.
Published date: 12/20/2021