How to correct State Unemployment Insurance (SUI) limit or rate
Summary
How to correct the SUI limit or rate in Sage 50 Accounting.
Cause
Formula not updated.
Resolution
Go to File, Payroll Formulas, User-Maintained.
From the Formula ID list, select XXSUI ER YY, where XX is the state abbreviation and YY the 2-digit current year [example: NCSUI ER 26].
Make the needed changes to the Limit or Percent in the Formula field.
AfterLIMIT= enter the correct SUI wage limit for your state, leaving the semicolon at the end Example, for a limit of $31,400: LIMIT=31400.00;
After PERCENT=, if needed, key in the correct SUI percentage as a whole number and decimal, leaving the semicolon at the end Example, for a rate of 1.5%: PERCENT=1.50;