This file contains payroll posting account information for a company. Default values are created during install and when data is cleared from the file. Defaults exist for:
Federal Tax Withholding:
EFIC/M Employee FICA Medicare Tax
EFIC/S Employee FICA Social Security Tax
FED Federal Tax Withholding
FICA/M FICA Medicare Tax Withholding
FICA/S FICA Social Security Tax Withholding
Employer’s Tax Expense:
FIC/ME FICA Medicare Tax Expense
FIC/SE FICA Social Security Tax Expense.