This would be extremely useful for payroll to set an effective date for new company wide rate/limit changes and also be able to track rate changes and their effective dates.
Example, annual SUTA rate and limit increases could be added to this database with an effective date (toggle for calendar date or first payroll after) on the date they are received instead of a mass update at YE between last payroll and first payroll. If set up right it might also let past payrolls be reprocessed at actual rates for the period.
HSA/401K negative earnings annual limits could be updated this way also.
| Company | Barnard Construction |
| Job Title / Role | Payroll Manager |
| I need it... | 12 months |
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I just submitted duplicate suggestion as VSTA-I-2872. We need this because our 4th QTR reporting in Aatrix is using the wrong rate. It's using the rate we configured for the new year payroll calculations.