After Applying Current Year End Patch, Social Security is Still Processing with Last Year's Limits
Last updated on OCTOBER 27, 2015
Applies to:Oracle HRMS (US) - Version 188.8.131.52 and later
Information in this document applies to any platform.
After applying Year End patch, SS tax is still capping at previous year's limits in payroll runs.
i.e, for 2015 It should cap at $118,500, but it is capping at $117,000.
The issue can be reproduced at will with the following steps:
Run payroll for employee who has earnings over the current SS limit.
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