53 Overview to Tax Information Setup

This chapter contains these topics:

• Section 53.1, "Objectives,"

• Section 53.2, "About Tax Information."

53.1 Objectives

• To define the information the system needs to correctly withhold and apply taxes

53.2 About Tax Information

The system needs specific information about your company and your taxing authorities to correctly process payroll information. You set up tax information to:

• Define tax areas

• Define workers compensation information

• Define unemployment insurance rates

• Define employment insurance rates

To set up tax information, complete the following tasks:

• Set up tax information

• Review tax setup reports