Background Information:
Process Name: |
Calculate Interest |
Role: |
Employer |
Objective(s): |
To calculate the total amount of the Employer’s UI payment, including projected interest and penalties, based on the Employer’s self-selected future payment date. |
Before you begin: |
• The Employer has a UI account. • The Employer has access to the Employer Portal. • The Employer has due, or past due debt. |
What happens next: |
• SUITS displays the Employer’s projected payment total, including any interest and/or penalties. |
How to do it:
# |
User Action |
System Response |
Notes |
1. |
Click the Payments left navigation menu item from the Employer Portal Home screen. |
SUITS displays the Payment Function Home screen. |
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2. |
Click the Calculate Future Interest hyperlink. |
SUITS displays the Employer Future Interest Calculation Maintenance screen. |
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3. |
Enter Future Calculation End Date Month. |
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4. |
Enter Future Calculation End Date Year. |
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5. |
Click the Calculate button. |
SUITS calculates the interest, penalties, and UI tax total. |
View the Calculation Details and the Totals panels. |