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. UI Tax Rate (unemployment insurance tax rate)
Specify the tax rate that is used to calculate the amount of unemployment insurance tax that is due.
- 2. Account Balance
Specify an account balance amount. Enter any credit amount as a negative so that this amount is subtracted from the total amount due. Otherwise, enter a positive amount to add to the total amount due.
- 3. Interest Amount Due
Specify the amount of interest that is due for late payments.
- 4. Penalty Amount Due
Specify the amount of any penalties that are due for late reporting.