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FAQ: I installed the update with the new tax rates; can I calculate payroll for December or January?

I installed the update with the new tax rates; can I calculate payroll for December or January?

Yes, after installing the update containing the new tax rates, a payroll can be calculated for December or January.  Within the School Accounting System, the tax rates are defined (saved) for each year, allowing the correct rates to be used for the appropriate year.  For example, when calculating a payroll with a Check Date of 12/22/2015, the 2015 tax rates are used, and when calculating a payroll with a Check Date of 1/5/2016, the 2016 tax rates are used.