The Provincial/State Exemptions table allows you to define, with an exemption code and an amount, those exemptions that are currently applicable for your province or state. The Provincial/State Exemptions are global records accessed by all payrolls so changes to these entries will affect all payrolls. These exemptions codes are entered as sets based on an effective date. Multiple sets of exemptions by effective dates allows payrolls under different calendar years to be run at the same. The pay period ending date from the payroll calendar per payroll is used to determine which set of Provincial/State exemptions are active per payroll run. The selected effective date and tax parameters are displayed in the log of the Payroll Processing run.
The Employee Additions Change and Inquiry access of exemptions uses the current date to determine the applicable effective date and thus exemption amounts.
Effective Date
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Valid date when exemptions become effective
Exempt Code
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2 alphanumeric characters
Exemption
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9 numeric, 2 decimals