E1: 07: FUTA - Tax Detail (F06136) - No Credit Reduction Calculated with Unemployment Insurance Override Rate (P079221), the 940 - Employee Worksheet ( R078507) Credit Reduction Also Does Not Calculate (Doc ID 2930267.1)

Last updated on JUNE 27, 2023

Applies to:

Symptoms

When running Interim Checks (P07210i) and Payroll and checking the FUTA tax credit, the credit reduction is not showing calculated correctly when there is an override in the (P079221) Unemployment Insurance Rate table. The credit reduction is not calculated on the Tax Detail History (F00136) nor on the (R078507) – 940 Annual Worksheet. If a value is input in the Unemployment Insurance (P079221) with a reduction, the value should be calculated correctly in the Tax Detail and in the 940.

Steps to Duplicate
1. Setup California (05) employee information (P0801)
2. Set up (P079221) Employee Insurance Rates / Rate = .054000 and Credit = .003000 for California (05)
3. Create Interim Check P07210i for regular pay, JDINTERIM, employee 285544. (Writes the F06136 History)
4. Merge the interim in payroll P07210. Writes the
5. Run payroll through Final Update.
6. Run the 940 (R078507) – 940 Annual Worksheet
    See Part 3, line 11 – No amount populated
    See Part – Worksheet / lines 3 & 4 – no credit calculated
    See Part – Schedule A / No Credit Reduction calculated
    Review the Tax History (P070920) to check values

Cause

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.