WCB - I am new to this. I have entered my WCB rate which is 7.09 on the employee profile. When I display the profile, it shows the rate as 0.071. Will it charge me the rounded amount or will it charge me the accurate (entered) percent?
Hi Joanne! It will charge you the accurate percentage, but because you are remitting in currency, the amount will be rounded if necessary to 2 decimal places. I've set a 3 decimal percentage in my system so that you can see how the calculations bear out on the remittance report.