Exempt Employee wages do not show up in FWT Taxable Pay on the Company Totals Report

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This is the first time we've had an employee claim exempt from state and federal withholding.  We marked him as exempt under status in Maintain Employees.  His wages do not show up in FWT Taxable Pay on the Company Totals Report which is what we match to the 941 report.  I understand the employee is saying he doesn't have taxable wages but I would think the software would total everyone up like they did have them.  Is this right?

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