Before running payroll for the first period of calendar year 2022 and after installing the first January 2022 Payroll Solutions Update for Sage 50 US, perform the following steps to calculate the Family Leave Insurance for New Jersey. This tax applies to the employee and was previously included as a lumpsum in the amount computed for State Unemployment Insurance, as well as reported under another payroll field on the check stub. Make sure that you implement the following changes after you process your last Payroll run for the 2021 calendar year and have also installed the January 2022 Payroll Solutions update. You must follow the instructions below to enable the calculation when completing payroll tasks in Sage 50. Note: If you have multiple company data files that you maintain and process in the product, you will need to repeat the steps below for each company.
Employee Setup - In the product, from the Maintain menu, select Payroll > Employee Defaults.
- The Employee Defaults window appears. Click the Employee Fields tab.
- For the payroll field row line that you have defined for the existing New Jersey Family Leave Insurance calculation (most likely St_FLI), which will have a marked checkbox under the Memo column, remove the mark from the checkbox under the “Calc” column.
- In the next available/blank field, place your cursor in the Field Name field and type:
ST_FLI_EE. - Select a General Ledger Account to associate with the deduction.
- Place a mark in the checkbox under the “Calc” column.
- Under the Formula column, place your cursor in the field, click the magnifying glass and select “NJPFL” from the dropdown list.
- Click the button under the “Adjust” column.
- The Calculate Adjusted Gross window appears. On the left, place a mark in the checkbox under the “Use” column for GROSS. Ensure that the Memo column remains unchecked for the new row added.
- Click the OK button.
- You are returned to the Employee Defaults window. Click the OK button.
- If applicable, for any out of State employee record that do not reside in New Jersey, from the Maintain menu, select Employees/Sales. For each record, click the Employee Fields tab and remove the marks for the checkboxes for “Use Defaults” and “Calculated”, then click the Save button.
IMPORTANT NOTE: Once you have completed the steps above please complete the steps in KB 114424 - Adjustments to the New Jersey State Unemployment Insurance formula 2022.
[BCB:161:Chat 50 US:ECB]
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