Question: How do I setup a flat amount of FWT (Federal Withholding Tax) to be withheld week after week?

Answer:

In the Maintain | Employee | Taxes screen: choose FWT and then change the number of personal exemptions to 99.  Next, enter the flat amount in the supplemental withholding field.  This can be done on the fly when entering transactions as long as the Calculate Taxes while entering the transactions is turned off. Calculations can then be done after all postings are entered.

Tags: Sage PRO
This entry was posted on Tuesday, April 7th, 2009 at 5:38 pm and is filed under FAQ. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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