Information
Products: Sparkrock365
Summary: Obtaining new tax settings in Sparkrock 365
Details
It is recommended to obtain new tax settings before processing the first pay period of the year to ensure that the new tax limits and percentage values are updated with the correct values.
Resolution
To obtain new tax settings, follow the steps below:
- Search for “Payroll Setup” in Sparkrock365.
- Click on the “Get Tax Settings” button.
- Click YES to confirm the action and get the updated tax values in Sparkrock365.
Please refer to the following images for reference:
Impact / Risks
Before updating tax settings, ensure that the previous tax rates are no longer needed.
Workaround
Not applicable.
Related Information
Not applicable.
Update History
The following are the dates and actions pertinent to the history of this issue.
Date | Details | Link |
02/28/2023 | The first version of this Knowledge Base article was created. |
|
Attachment
Not applicable
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