Regardless of what program you're using, if you do
payroll, you will need to manually update your
unemployment rate and workers benefit
compensation prior to your first January 2006
payroll. The payroll tax tables that you
subscribe to
will only change the limits, not the percentage. You
should have received a letter from the state with
your new 2006 percentage rate. (all companies have
a different percentage).
The 2006 Unemployment wage limit is
- Oregon = $28,000.00
- Washington = $30,900.00
In QuickBooks, your will need to edit your
payroll item
for OR - Unemployment or WA - Unemployment(List -
Payroll Items ). On the 3rd screen, you will need to
manually change your percentage for all 4 quarters
You will also need to edit all employee's who have
the OR WBF assessment deducted. Edit the
employee, change to the 'Payroll and Compensation
Info' tab, click on the 'Taxes' button, click on
the 'Other Taxes' tab and change the rate for both
the WBF Assessment employee & company to 0.015.
In Peachtree, Go to File - Payroll Tax
Tables - User Maintained. Edit the ORSUI (or
WASUI). Be
careful -
when you click in the formula field, the entire formula
will get highlighted. Click a second time so you only
change the percentage. You will need
to change both the percentage rate and the limit.
Oregon is 28,000 and Washington is
Next, you will need to change the rate on any payroll
tax code you may have set up to calculate the OR
WBF assessment. The new rate 0.015 for both the
employee and company.
