Hello everyone,
WE are trying to set up supplemental tax deduction for bonus pay in off cycle run. We learnt that the tax rate is 10.23%. How can i do this?
I tried setting up off cycle reason and then entering the amount in IT267, but it didnt compute.
I have IT234 set up with CA with 10.23 %. Question is how does the system pick this up? Since we cant use IT267 in off cycle payments.
In the schema i have added new code lines for this:
IF OCRN ZSP2 Override parameters for retro diff (IF) UPAR1 CUR NA 2 A Supplemental Tax Rate ELSE Otherwise UPAR1 DIF 1 Standard override ENDIF (IF)/ENDIF
I have already tried the below unsuccesfully:
UPAR1 DIF 2 space space.
Still new to this whole rule and schema and appreciate some guidance.
Thanks,
Soumya