E1:07/77: Incorrect Tax Percentage Display In F07353 Table Under RTAM Field
(Doc ID 2656932.1)
Last updated on APRIL 13, 2020
Applies to:JD Edwards EnterpriseOne US Payroll - Version 9.1 and later
JD Edwards EnterpriseOne Canadian Payroll - Version 9.1 and later
Information in this document applies to any platform.
When paying with bonus/supplemental pay, sytsem calculate the Federal income tax (A) at the correct rate base on the bonus amount. However, the rate display on the F07353 is always at 22%. For example, paid an employee bonus for 4,000,000.00 the tax amount is 1,300,000 which is at 32.25%. However, when looking at the F07353, the rate is display in the RTAM at 22%. Another example, bonus amount of 2,000,000.00 tax amount is 590,0000.00 which is at 29.5%, but the F07353 only display 22%
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