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Posted by Diane Koers on December 12, 2006, 10:25 pm
Please log in for more thread options The Circular E isn't up on the IRS web site yet. Here's a link to part of
the 2007 rates:
http://www.irs.gov/formspubs/article/0,,id=164272,00.html
--
Diane Koers
www.thepeachtreelady.com
Co-author Peachtree for Dummies
>
>> wrote:
>>
>>>> Hello. I've got a new installation of PT Complete 2006 and have
>>>> generated my own tax formulas.
>>>>
>>>> When I try to generate payroll checks, I get error messages ("Can't
>>>> find FIT 07, Can't find FICA EE 07"). When I click OK to the
>>>> messages, the payroll deductions are calculated correctly and
>>>> deducted from the paycheck gross amount as you would expect.
>>>>
>>>> So, my question is, if PT can't find my formulas, how come it
>>>> has no trouble using them for the payroll deductions?
>>>>
>>>> Thanks in advance for any help with this one.
>>>
>>
>>
>>>Check the date of the paycheck. It should not be looking for the 07 tax
>>>Ids
>>>until January 07 paychecks.
>>
>> Hmmm. A possibility. However, the error message states that it
>> indeed is looking for FIT 07 (which really is there). I'll wait a few
>> weeks until it really is 07. Then, if it still doesn't work, I'll
>> have a more valid reason to panic. Thanks very much.
>
> why wait? Change your computer clock to 1/1/07 and see what happens.
>
> The other possibility is that there is a problem with how you have
> specified the tax IDs or tax names on those entries and PT can't find
> those codes. I would check both the default employee settings as well as
> your employee profiles. Something is not specified correctly.
>
> Is the IRS pub 15 for the 2007 tables available yet? we are thinking of
> skipping the tax subscription this year and doing it ourselves.
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