Core Financial Modules

[patti-pfftcpa]

Page 2, Part 5, Lines 16-17.  Not the entire quarter's FUTA, but approx 35% of the 4th qtr total is added into 3rd qtr.  Anyone else noticing this?  It's only an issue if it makes your $500 liability threshhold in question at that time. Definitely something to look out for.

[TomTarget]

Have not noticed it.   Did your third and fourth quarter 941's report show info in the correct quarters?   If they were wrong as well I would guess that someone played  with the quarter settings in payroll options without doing proper period ends. 

Note:  never change the period ends in payroll options unless you are doing initial setups - it will only cause problems because payroll only maintains totals for the current current quarter/year.  That's why you make backups of data if you have to process a payroll in a new quarter before you have completed your prior.

[patti-pfftcpa]

941 reports are correct, and no one can mess with settings without authority/permissions.  We don't have that many clients who go over $500, but every single one has had this issue.

[TomTarget]

Ditto in that not many of my clients have that situation.

Thanks for the heads up, and I'll keep an eye out.