Dillner's Accounting Tools > section > Setup
Federal Unemployment type payroll items are mandatory. There can only be one item with this type in each company file. Lookup—Enter a brief identifier for the payroll item. It can be any desired alphanumeric combination. Each Lookup must be unique. It should not be more than seven characters. Description—Enter a meaningful description in this field. Expense Account—Select a default expense account from the drop-down list. This account will only be used if the FUTA Expense Account field in the Payroll Department is set to On Item. Liability Account—Select the appropriate general ledger account that should be credited for the tax. If you want the system to create a payable invoice for this deduction you must select a liability classification account. Payable To—Select the desired payee if you want the system to create a payable invoice for this deduction.
- Federal Unemployment
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