Constants are numbers that are used in expressions. Constants can only appear on the right side of an equal sign in an equation. Constants can contain digits and a decimal point (.), but cannot contain commas (,) or currency symbols ($). Constants do not have to contain a decimal point (.) but must contain at least one digit. If a constant does not contain a decimal point (.), it is considered to be a whole number.
Tip: To see examples of how to set up formulas and tables, open the sample company Bellwether Garden Supply. From the File menu, select Payroll Formulas, then User-Maintained. Select a tax that resembles what you are trying to set up and note the formula and (if applicable) the table in the example. These formulas and tables are only examples; you should verify their accuracy by checking the latest calculation rules from the IRS (www.irs.gov) or your state or local tax authority, or by making sure the values entered match company policies (for examples regarding 401K, vacation, etc.).
You must subscribe to a plan that includes payroll to access payroll formulas within Sage 50.