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Status Answered
Created by AgExpert Support
Created on Feb 4, 2016

Disqus Agexpert Accounting Questions Archive

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?

  • ADMIN RESPONSE
    Feb 10, 2025

    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.

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