Update Payroll calculations at the beginning of each calendar year

Review and update payroll calculations in Sage 100 Contractor at the start of each calendar year.

Annually update these 5-3-1 Payroll Calculations and tables to reflect Default Rate and Max changes.

Employee Social Security
Employer Social Security
Employee Medicare
Employer Medicare
Federal Unemployment Tax
State Unemployment Insurance
State Disability Insurance
Employer and/or Employee Paid Family Leave calculations
Employer and/or Employee Health Insurance benefit calculations
Employer and/or Employee 401K, IRA, SEP, and other retirement benefit calculations
5-3-2 Workers' Compensation tables
5-3-4 Paygroups tables
5-3-6 Local Payroll Tax tables