PAYROLL UNEMPLOYMENT INSURANCE ACCOUNTING MANUAL P-196-77.5 …

Short Description
Commerce Clearing House, Inc., Payroll Management Guide,. Volume 2. Accounting Manual chapters:. P-196-11 Payroll: Accounting for and Tax Reporting of …

Website: www.ucop.edu | Filesize: 20kb

Content
PAYROLL: UNEMPLOYMENT INSURANCE
ACCOUNTING MANUAL P-196-77.5
PAYROLL: UNEMPLOYMENT INSURANCE
Contents
Page
I. Introduction 1
II. Procedures 1
A. Eligible Employees 1
B. Covered Wages 2
C. Reporting to EDD 2
1. Quarterly Wage Information Reported to EDD 2
2. Annual Reconciliation Return 2
D. Accounting Code 3
E. Remittance and Reporting of Tax Withheld 3
1. Remittance 3
2. Quarterly Returns 3
3. Annual Reconciliation Return 4
4. Reporting Numbers 4
III. Responsibilities 5
A. Accounting Officers 5
B. Data Processing Centers 5
C. Employees and Employing Departments 5
D. Unemployment Insurance Coordinator 6
IV. References 6
Exhibit I DE 938 Quarterly Adjustment Form 7
Exhibit II Attachment to DE 938 Form 8
Exhibit III DE 7 Annual Reconciliation Return 9PAYROLL: UNEMPLOYMENT INSURANCE
P-196-77.5
ACCOUNTING MANUAL Page 1
TL 66 9/30/95
PAYROLL: UNEMPLOYMENT INSURANCE
“Let us be of good cheer, however,
remembering that the misfortunes
hardest to bear are those which
never come.”
–Lowell
I. INTRODUCTION
On January 1, 1972, the University became subject to the
State Unemployment Insurance Program administered by the
Employment Development Department (EDD). A University
unemployment insurance coordinator responsible for
administering unemployment insurance claims is designated at
each campus, Laboratory, or other location. Departmental
administrative units and the payroll section of the
accounting office at each location also are involved in the
administration of the Program for the University. This
chapter sets forth the procedures to be followed in
reporting covered wages, assessing the cost of unemployment
insurance, and monitoring claims paid by EDD.
II. PROCEDURES
Unemployment insurance is designed to replace, in part,
wages lost because an employee is involuntarily unemployed.
An employee’s unemployment benefits are determined based on
the covered wages received by the employee during his or her
employment.
A. ELIGIBLE EMPLOYEES
All employees are covered by unemployment insurance
except University of California students who:
1) are registered for a minimum number of units (as…