Solution Properties
Solution ID:
220924760110137
Last Modified Date:
Wed Nov 06 18:08:29 UTC 2024
Taxonomy Path:
Category//Payroll and HR//Payroll year end
Author:
[email protected]
Report to reconcile 940 wages and liability
Description
Cause
Resolution

There’s no specific report that gives the FUTA wages and withholding by employee. Use the Custom Exports feature to export out the amounts.

  1. PR, Transfer, Custom Exports.
  2. Select New to create a new template.
  3. Give your template a name such as FUTA RECONCILIATION.
  4. For the Data Source, select PR Employees.
    Image of Custom Export Create Template screen.
  5. Select the following fields to export. 
    Image of Custom Export select fields screen.
  6. Set any Sort or Filters desired.
  7. Export the report to Excel.
    Image of export to Excel prompt in Custom Exports.
  8. The YTD FUTA wages will be on the total YTDFUTATaxablePay. The FUTA wage limit is on the first $7,000.00. Edit your Excel spreadsheet to $7,000.00 of taxable FUTA wages for those employees who made over $7,000.00.

 

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