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Enchancement to apply a limit based on Policy Year vs Fiscal Year

Enhancement to choose between having a limit based on the calendar year or the policy year to stop calculating for the insurance code

  • Guest
  • Dec 5 2016
Company Viewpoint
Job Title / Role Accounting Consultant
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  • Randall Smith commented
    October 18, 2018 15:29

    Many states have different fiscal years and they require employers to report based on those fiscal periods. It would help if there was a custom option to put in the needed fiscal period for a deduction/liability.

    PR Deductions/Liabilities - Limit - Applied - (Here add a "custom" option where user can insert specific dates for a period)

    This would be much easier for your customers than the 2 work-around solutions provided, especially for those contractors who do work in multiple states and pay worker's comp in those states. Vista has put a lot more work on their customers instead of fixing this issue. For states with a different fiscal period or policy period, a contractor/employer may have the need to set up different state or policy insurance codes with different fiscal periods.

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