In Nevada, the annual limit for worker's compensation is calculated by the POLICY YEAR instead of CALENDAR YEAR. Vista assumes our limit is CALENDAR YEAR so we can't easily setup an EDL code for Nevada worker's comp insurance.
Company | Western Partitions, Inc. |
Job Title / Role | Accountant |
I need it... | 12 months |
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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.