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S100 2017 Payroll Tax Calc on FICA limit

  • 1.  S100 2017 Payroll Tax Calc on FICA limit

    Posted 08-30-2019 16:27
    Client on 2017 and on the Check where employee hits the FICA limit the FICA calc is over by .07.
    The next Payroll, the employee FICA is -.07
    The client has to keep adjusting it to $0.  The adjustment indeed needs to happen as:
    .062 x 132900=8239.80
    The employee is showing a FICA YTD total of 8239.87
    When the system is correcting it in Payroll, it does not correct the Employer portion.  But since the employee / employer portions have matched all year long, why wouldn't the system correct the employer portion as well?

    I know it's 7 cents, but it's bugging the client!  And in testing this out, it looks like Sage has issues with the calc on the Payroll where FICA is maxed out mid-payroll nearly every time.

    Any suggestions or ideas as to why this happens?
    Anyone with experience on 2.x, does this also happen there?
    Thanks!

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    Annette Egbert
    Acuity Solutions, LLC
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