Payroll

Jan 19, 2007 1 Replies

Does anyone have sample Formulas for the Peachtree Accouning 2004 tax table setup? I'd love to see some samples if you could copy and paste into a reply.



Thanks



D

Does this help?

TAX ID TAX NAME FICA EE7 FICA EE 07 FICA ER7 FICA ER 07

LIMIT—500; PERCENT=6.2; TAXABLE_GROSS=YTD_LIMIT(ADJUSTED_GROSS,LIMIT); ANSWER=-TAXABLE_GROSS*PERCENT%

*********************************************************** FIT M7 FIT 07 (NEED TABLE) FIT S7 FIT 07 (NEED TABLE)

ANSWER = -PRORATE (TABLE (ANNUAL (ADJUSTED_GROSS) - (EMP_FEDERAL_ALLOWANCES * 3300))) - EMP_FEDERAL_EXTRA

*********************************************************** FUTA7a FUTA ER 07

LIMITp00.00; PERCENT=0.8; "example percentage only" TAXABLE_GROSS = YTD_LIMIT (ADJUSTED_GROSS,LIMIT); ANSWER = -TAXABLE_GROSS * PERCENT%

*********************************************************** MEDICAR7 MEDICARE 07

PERCENT=1.45; TAXABLE_GROSS­JUSTED_GROSS; ANSWER = -TAXABLE_GROSS * PERCENT%

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