SUI Taxes

[pellet]

Our state just changed the tax rate for 2007 unemployment taxes. What is the best way to make the corrections on past payrolls for this year?

[Lisa_p]

I would just record the difference at the time of payment. Say you accrued 100 in SUI payable and you actually owe $125, hit the liability for $100 and the expense account for the 25. Or do a minus for the difference if your rate went down.