Reporting Tax Liabilities

To ensure that SuitePeople U.S. Payroll has all the information it needs to file taxes on your behalf, the status of your tax payments must be verified.

SuitePeople U.S. Payroll uses the tax information already in your NetSuite account. It compares those values to the amounts you should have paid, and records any amounts that were overpaid or amounts you still owe.

To report your tax liabilities:

1. Go to Setup > Payroll > Set Up Payroll.

2. Click the link that asks you to report tax liability.

3. Review amounts accrued for each tax item.

   These amounts are based on information currently in your NetSuite account.

4. Review amounts paid and make change where necessary.

   These amounts are based on information currently in your NetSuite account.

5. Review any unpaid amounts. This is the amount SuitePeople U.S. Payroll funds on the date you specified.

Important:

If you choose a future date to begin the payroll service, you need to return to this page on that date and commit these amounts. SuitePeople U.S. Payroll does not fund your unpaid liabilities, if any, until that date.

Related Topics

• Reporting Unpaid Liabilities
• Reporting Year-to-Date Tax Liability Payments
• Setting up Year-To-Date Information From Your Previous Payroll System

General Notices