No. Those changes should be made manually by going to Configuration > System > Regions and Schools.

  1. Federal Unemployment (FUTA)
    To change FUTA select your Region, then click Set Options. Select the Payroll section (left side) and change the FUTA settings as needed. You may store settings for 2 years at a time. Change the oldest year (like 2012) to the current year (like 2014). Be sure the wage base(s) and rate(s) are correct. They may change from year to year. The image below is only an example.
    futa-change2012-to-2014.png
  2. State Unemployment (SUTA)
    For SUTA, choose your School (instead of the Region), then Set Options, etc. You may store settings for 2 years at a time. Change the oldest year (like 2012) to the current year (like 2014). Be sure the wage base(s) and rate(s) are correct.

For details see article: FUTA & SUTA Settings

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