21st Century Accounting Help - Payroll/Configure

Workers' Comp. Codes

Use Configure/Workers' Comp. Codes to set up all the Workers' Compensation classification codes that identify the kinds of work done by your employees. In this window you enter the WC Code, a descriptive name, the calculation method (rate times earnings or hours), the rate, and the ceiling. You then assign the applicable WC Codes to the pay factors that are assigned to employees in the Configure/Employees window.

The Workers’ Compensation Report calculates a Workers’ Comp. “premium” based on the information in this window (or on Timecards) used by Calculate Payroll to process payroll.