Defaults
Use these processing options to specify the default information that the system uses to produce state unemployment insurance (SUI) reports for the organization.
- 1. Contribution Rate
Specify the contribution tax rate that the system uses to calculate the amount of unemployment insurance tax that is due.
- 2. Interest Amount Due
Specify the amount of interest that is due for late payments.
- 3. Penalty Amount Due
Specify the amount of any penalties that are due for late reporting.
- 4. Prior Balance Amount
Specify the amount of any unemployment insurance tax that is due from previous quarters.
- 5. Approved Credit Amount
Specify the amount of overpaid unemployment insurance taxes from previous quarters.