Save Updated Data (New Default Setting)

Use this feature to save new default settings. This is the case data which is present when the software is launched.

You will use this utility to:

Update tax rates,
Change the Social Security wage base for the following year.
Use it during the year if a state tax rate changes.
Permanently save a header line for the reports.

When this is used, the new default setting is updated and replaces the data in the previous original default setting. When you select this menu, a window will tell you that the new default setting will be replaced. Select Tools, and Defaults - data. Select OK to replace the previous default setting.