Use this window to enter general payroll information that's used by MYOB AccountEdge.

Full Work Week Hours

Enter the number of hours in your company's typical work week. The number you enter here will be used to calculate wages and withholding amounts on paychecks.

Keep in mind that the number you should enter here is the number of hours in a single work week, not the hours in a pay period. MYOB AccountEdge will use the number you enter here to properly calculate the hours and dollar amounts in your pay period.

Federal Tax Information

Your company should have been assigned a federal tax ID number for tax reporting purposes by the Internal Revenue Service.

• Enter that number in the Federal Tax ID Number field.

• Enter your company federal unemployment tax rate as a percentage in the FUTA Tax Rate field.

State Tax Information

Select the two-letter postal abbreviation for the state to which most of your employees will pay taxes. (Click the arrow button next to this field if you'd like to display a list of all the abbreviations.)

Your entry here will determine which state's tax table will be used for your employees. For those employees who pay taxes to other jurisdictions, you can choose the appropriate state when you set up information for them later in the Easy Setup Assistant.

Also enter your company's state payroll tax ID number, if one has been assigned to you, as well as the state unemployment tax rate your company is required to pay