US Balancing Report (PR294)

Run US Balancing Report (PR294) to print a report you can use to balance wages and deductions by tax authority and tax category. You can run PR294 any time during the payroll year to produce a report.

The report includes quarter-to-date and year-to-date gross wages, taxable wages, tax withheld, excess wages, pre-tax deductions withheld, exempt deductions withheld, exempt table deductions withheld, employee deferred compensation withheld, and employer deferred compensation withheld for the specified payroll year and quarter.

Note: The ER Def Comp field on the report shows employer paid amounts that are taxable to the employee.

You can define parameters to produce the report for the company, or for a specific process level or head process level. If you select, in the Process Level field, a process level that is included in a tax reporting group (under a head process level), the report prints information for the head process level.