Enter the amount for the employer portion of social security taxable wages

This field displays the employer expense accrued for social security.

Enter the amount for the employer portion of Medicare taxable wages

This field displays the employer expense accrued for Medicare.

Enter the total of all earnings amounts that are linked to pay types which are exempt from FUTA Taxable Wages. The taxability of pay types is determined on the Manage Pay Type Taxability screen. The pay types processed are detailed on the Pay Types subtask.

Enter the total of all deduction amounts that are exempt from FUTA Taxable Wages. The taxability of deductions is determined on the Manage Deductions screen. The deductions processed are detailed on the Deductions subtask.

This field displays wages that are subject to FUTA. This is not necessarily the FUTA taxable wages since the U.S. federal government imposes a limit on the amount of wages which can be FUTA taxable. This field is calculated by subtracting the FUTA Exempt Pay Types amount and the FUTA Exempt Deductions amount from the Gross Amount.

This field displays the portion of wages that are subject to FUTA, but are in excess of the FUTA Wage Limit. This field is calculated by subtracting the FUTA Wage Limit from the FUTA Subject Wages.

This field displays the system-calculated amount for FUTA Taxable wages. Costpoint calculates the taxable amount by subtracting the Exempt Wages displayed in this group box from the gross wages.

This field displays the FUTA Employer Rate on the Manage Federal Taxes screen of the payroll year that equals the payroll year on the check date.

This field displays the system-calculated amount for FUTA accrued expense. Costpoint derives this amount by multiplying the taxable wages by the percentage entered on the Manage Federal Taxes screen up to the taxable wage ceiling provided on the Manage Federal Taxes screen. You can edit this field.

This field displays the two-character code for the SUTA state that defaults from the Manage Employee Taxes screen in Costpoint Employee. You can change the existing SUTA state or enter a new one in this field.

Enter the total of all earnings amounts that are linked to pay types which are exempt from SUTA Taxable Wages. The taxability of pay types is determined on the Manage Pay Type Taxability screen. The pay types processed are detailed on the Pay Types subtask.

Enter the total of all deduction amounts that are exempt from SUTA taxable wages. The taxability of deductions is determined on the Manage Deductions screen. The deductions processed are detailed on the Deductions subtask of this screen.

This field displays wages which are subject to SUTA. This is not necessarily the SUTA taxable wages since the U.S. federal government imposes a limit on the amount of wages which can be SUTA taxable.  This field is calculated by subtracting the SUTA Exempt Pay Types amount and the SUTA Exempt Deductions amount from the Gross Amount.

This field displays the portion of wages which are subject to SUTA, but are in excess of the SUTA Wage Limit. This field is calculated by subtracting the SUTA Wage Limit from the SUTA Subject Wages.

This field displays the system-calculated amount for SUTA taxable wages. Costpoint calculates the taxable amount by subtracting the Exempt Wages displayed in this group box from the gross wages.

This non-editable field displays the rate by which the taxable wages are multiplied, resulting in the accrued expense amount. This rate defaults from the Manage State Taxes screen for the indicated state.

This field displays the system-calculated amount for SUTA accrued expense. Costpoint calculates this amount by multiplying the taxable wages by the percentage entered in the Manage State Taxes screen up to the taxable wage ceiling provided in the Manage State Taxes screen. You can edit this field.