Do you have employees in the 'Show-Me' State and want to manage your payroll in Odoo? Now you can! Missouri has been added to our payroll collection in Hibou's Odoo Suite.
The Missouri implementation accounts for Missouri income tax withholdings and unemployment insurance rates. According to the Missouri Department of Labor, new businesses receive a standard unemployment withholding rate until eligible for an experience rate. To remit these withholdings, businesses should register with the Missouri Department of Revenue .
If you're not familiar with our US Payroll for Odoo modules, they provide everything you need to successfully manage all federal, and select state, withholdings. Specifically:
FICA (Social Security and Medicare)
Additional Medicare calculations
FUTA (Federal Unemployment)
Federal Income Tax withholding
With an intuitive separation of employee and company contribution registers, as well as contacts and contribution registers for the tax entities that you must remit the withholdings to, we make it easy for you to confidently manage your organization's payroll.