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.

1. 

Click the Payments left navigation menu item from the Employer Portal Home screen.

SUITS displays the Payment Function Home screen.

2. 

Click the Calculate Future Interest hyperlink.

SUITS displays the Employer Future Interest Calculation Maintenance screen.

3. 

Enter Future Calculation End Date Month.

4. 

Enter Future Calculation End Date Year.

5. 

Click the Calculate button.

SUITS calculates the interest, penalties, and UI tax total.

View the Calculation Details and the Totals panels.