EPY: Why Is It Needed to Create A New Taxable Gross Definition For State NY/Locality P0047 As Part Of NY MCTMT Zone 1 and Zone 2 Implementation?
(Doc ID 2992430.1)
Last updated on DECEMBER 12, 2023
Applies to:
PeopleSoft Enterprise HCM Payroll for North America - Version 9.2 and laterInformation in this document applies to any platform.
Goal
Tax Update 23-C release notes mentions an entry for State NY/Locality P0047 in Taxable Gross Definition table(Set Up HCM > Product Related > Payroll for North America > Federal/State Taxes > Taxable Gross Definition Table) that was delivered as part of the NY MCTMT Zone 1 and Zone 2 implementation, but it won’t provide any function unless it is linked to an earnings or deduction code.
When would it be used?
Does it automatically work and no link to an earning code is needed?
Solution
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In this Document
Goal |
Solution |
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