This year-end webinar for Sage X3 processing covers:
Year-End Check List of tasks to perform before closing
Managerial Reports to run at YE & Tie to the GL
Closing Last Fiscal Period and Year
Run Financial Data Extraction or SEI Reports
Other Considerations
1099 Generation and Reporting
Updating Default Parameters
This year-end webinar for Sage X3 processing covers:
Year-End Check List of tasks to perform before closing
Managerial Reports to run at YE & Tie to the GL
Closing Last Fiscal Period and Year
Run Financial Data Extraction or SEI Reports
Other Considerations
1099 Generation and Reporting
Updating Default Parameters
This presentation covers Sage X3 year-end planning including: period-end close process including a checklist for your GL, financial data extraction and reporting, and compliance.
Receive a first-hand look at tips and tricks to help make your year-end a successful one from BKD Technologies. Learn year-end processing for general ledger, payables management, receivables management, fixed assets and much more.
In this live webinar we will review all the steps to performing a Sage 300 (Accpac) Year-End Closing, followed by a Q&A Session at the end.
- Year-End Closing Preparation
- Timing
- Back Up Procedures
- Creating New Fiscal Year
- Year-End for A/R and A/P
- W-2 & 1099s
- Year-End Reports
Recorded: 23rd January 2018
Our highly experienced support professionals have put together this free webinar covering the year end procedures within Thesaurus Payroll Manager.
The webinar will be presented by Audrey Mooney and Victoria Clarke. Audrey and Victoria have been helping and advising Thesaurus Payroll Manager customers collectively for over 20 years.
Agenda
Completing the Payroll for 2017
Completing 2017 Medical Insurance Tax Relief requirements
Reviewing end of year reports
Reviewing your P35 liability
Preparing and submitting the ROS P35
Issuing P60s to employees
For more information visit https://www.thesaurus.ie
The Budget module in MIP brings incredible functionality relating to comparing budget to both on an organization-wide basis, and on either a grant, a program, or a departmental basis – depending on the type of organization you work for.
Getting budgets into the system is the easy part. However, the planning for how you will do that, and what segments you need to enter budgets for is the bigger question, and the one that will give you the most return for your planning time invested.
In this live webinar we'll cover these areas in our Budget module:
-Is it most efficient to simply input the budget, or to use the Worksheet to build the budget?
-What are Budget Versions, and how best might I use them?
-What segments do I need to enter, whether I’m doing data entry, or using the budget worksheet?
-Do we have the same business rules for budget entry that we do for transaction entry?
-How do I configure my Budget Comparison Report to present the information in the most readable manner?
For more information, visit: http://www.netatwork.com/services_1/bizsol_1/non-profit-solutions/fund-accounting-100/
E09 How to complete the incurred cost proposal with success!Robert E Jones
Some view the Incurred Cost Proposal (ICP) as a frustrating task. Learn how to prepare throughout the year and avoid the last-minute rush. Get tips and tricks to simplify the process and incorporate ICP principles into your system design and regular reports. The ICP can be part of your management philosophy – understanding the report can help you understand your rate structure, revenue and expenses by contract type, and guide you to regularly reconcile the information needed at year-end.
The Incurred Cost Proposal (ICP) is required if FAR 52.216-7 “Allowable Cost and Payment” is included in your contract(s). ICPs are required for all cost-type or T&M contracts, and fixed price contracts if there is a reimbursable CLIN. If included, you are required to submit a reconciliation of your direct and indirect costs to amounts invoiced within 6 months of the close of your fiscal year. Note that submission of the ICP is required of primes and subs.
ICPs are more than a year-end report. They are an annual exam used to review, audit, and approve direct costs and final indirect rates for every year and they are required for contract closeout. Incomplete or inaccurate submissions can lead to increased probability of future audits, penalties, incorrect or inaccurate billings, reduced profit, and cause contract close-out delays.
DCAA provides a sample ICP with instructions, including a list of all of the supporting documents necessary to complete the form, and an adequacy checklist. Start gathering data and start early! Review the sample and guidelines provided by DCAA so that you can capture the data in the correct format and detail throughout the year – this eliminates the need to reformat reports at year-end.
Know your contracts and contract types! Consider utilizing the services of an outside firm recognizing that they have experience and expertise in creating an accurate and complete ICP. They can also act as a pseudo auditor while in the process of preparing the proposal. However, the data is yours and the proposal is only going to be as good as the supporting data. Attend this seminar to learn more about the ICP and how to incorporate it into your daily, weekly, and monthly contract and accounting practices to help ensure success.
In Preparation for 2020 this slide deck has information on:
-Fiscal Year-End Close Process
Create Fiscal Year Reporting Periods
1099 Preparation and Processing
This presentation covers Sage X3 year-end planning including: period-end close process including a checklist for your GL, financial data extraction and reporting, and compliance.
Receive a first-hand look at tips and tricks to help make your year-end a successful one from BKD Technologies. Learn year-end processing for general ledger, payables management, receivables management, fixed assets and much more.
In this live webinar we will review all the steps to performing a Sage 300 (Accpac) Year-End Closing, followed by a Q&A Session at the end.
- Year-End Closing Preparation
- Timing
- Back Up Procedures
- Creating New Fiscal Year
- Year-End for A/R and A/P
- W-2 & 1099s
- Year-End Reports
Recorded: 23rd January 2018
Our highly experienced support professionals have put together this free webinar covering the year end procedures within Thesaurus Payroll Manager.
The webinar will be presented by Audrey Mooney and Victoria Clarke. Audrey and Victoria have been helping and advising Thesaurus Payroll Manager customers collectively for over 20 years.
Agenda
Completing the Payroll for 2017
Completing 2017 Medical Insurance Tax Relief requirements
Reviewing end of year reports
Reviewing your P35 liability
Preparing and submitting the ROS P35
Issuing P60s to employees
For more information visit https://www.thesaurus.ie
The Budget module in MIP brings incredible functionality relating to comparing budget to both on an organization-wide basis, and on either a grant, a program, or a departmental basis – depending on the type of organization you work for.
Getting budgets into the system is the easy part. However, the planning for how you will do that, and what segments you need to enter budgets for is the bigger question, and the one that will give you the most return for your planning time invested.
In this live webinar we'll cover these areas in our Budget module:
-Is it most efficient to simply input the budget, or to use the Worksheet to build the budget?
-What are Budget Versions, and how best might I use them?
-What segments do I need to enter, whether I’m doing data entry, or using the budget worksheet?
-Do we have the same business rules for budget entry that we do for transaction entry?
-How do I configure my Budget Comparison Report to present the information in the most readable manner?
For more information, visit: http://www.netatwork.com/services_1/bizsol_1/non-profit-solutions/fund-accounting-100/
E09 How to complete the incurred cost proposal with success!Robert E Jones
Some view the Incurred Cost Proposal (ICP) as a frustrating task. Learn how to prepare throughout the year and avoid the last-minute rush. Get tips and tricks to simplify the process and incorporate ICP principles into your system design and regular reports. The ICP can be part of your management philosophy – understanding the report can help you understand your rate structure, revenue and expenses by contract type, and guide you to regularly reconcile the information needed at year-end.
The Incurred Cost Proposal (ICP) is required if FAR 52.216-7 “Allowable Cost and Payment” is included in your contract(s). ICPs are required for all cost-type or T&M contracts, and fixed price contracts if there is a reimbursable CLIN. If included, you are required to submit a reconciliation of your direct and indirect costs to amounts invoiced within 6 months of the close of your fiscal year. Note that submission of the ICP is required of primes and subs.
ICPs are more than a year-end report. They are an annual exam used to review, audit, and approve direct costs and final indirect rates for every year and they are required for contract closeout. Incomplete or inaccurate submissions can lead to increased probability of future audits, penalties, incorrect or inaccurate billings, reduced profit, and cause contract close-out delays.
DCAA provides a sample ICP with instructions, including a list of all of the supporting documents necessary to complete the form, and an adequacy checklist. Start gathering data and start early! Review the sample and guidelines provided by DCAA so that you can capture the data in the correct format and detail throughout the year – this eliminates the need to reformat reports at year-end.
Know your contracts and contract types! Consider utilizing the services of an outside firm recognizing that they have experience and expertise in creating an accurate and complete ICP. They can also act as a pseudo auditor while in the process of preparing the proposal. However, the data is yours and the proposal is only going to be as good as the supporting data. Attend this seminar to learn more about the ICP and how to incorporate it into your daily, weekly, and monthly contract and accounting practices to help ensure success.
In Preparation for 2020 this slide deck has information on:
-Fiscal Year-End Close Process
Create Fiscal Year Reporting Periods
1099 Preparation and Processing
RKL eSolutions recently presented a year-end planning webinar to help Sage 100 customers manage the period end close process including step-by-step instructions, reporting, and compliance.
Year-End Processing with Sage 100 ERP (MAS 90 and MAS 200) | Q4 2014 User Gro...BCS ProSoft
During this Sage 100 ERP (formerly MAS 90 and MAS 200) user group meeting we spoke about important Year-End processing procedures as well as year-end reporting, order of closing modules and some Sage 100 tips and tricks, including:
-Learn how to create an archive company
-Review Setup Options and potential changes for new year
-Year End Forms and Electronic Reporting
BCS ProSoft hosts quarterly Sage 100 user groups in San Antonio, Houston, Denver and Honolulu as well as online as a webcast. If you'd like to join us or view the upcoming schedule of events, please visit http://www.bcsprosoft.com/sage-100/user-groups/
Year-End Processing with Sage 100 ERP (MAS 90 and MAS 200) | Q4 2014 Sage 100...BCS ProSoft
During this Sage 100 ERP (formerly MAS 90 and MAS 200) user group meeting we spoke about important Year-End processing procedures as well as year-end reporting, order of closing modules and some Sage 100 tips and tricks, including:
-Learn how to create an archive company
-Review Setup Options and potential changes for new year
-Year End Forms and Electronic Reporting
BCS ProSoft hosts quarterly Sage 100 user groups in San Antonio, Houston, Denver and Honolulu as well as online as a webcast. If you'd like to join us or view the upcoming schedule of events, please visit http://www.bcsprosoft.com/sage-100/user-groups/
This is the presentation from the Sage 100 user groups we held this October and November in Denver, Houston and San Antonio. We went over some important year-end review procedures, supported versions, some Sage 100 Tips & Tricks, and had a fran discussion about how Sage 100c and cloud alternatives.
BCS ProSoft hosts Sage user group meetings all over the country so check out http://www.bcsprosoft.com/sage-100/user-groups/ to find a group near you.
Applying the New Lease Guidance for ASC 842RKLeSolutions
In this webinar Lease Query reviews a comprehensive example of how to apply the new lease accounting standard, ASC 842. The presentation reviews key lease dates and terms under the new standard and identify contract financial components and their applicability towards the lease liability calculation and determination of the appropriate discount rate. The presentation also covers journal entries under ASC 842.
Motion Picture and Television Industry: Accounting Overview ASC 606RKLeSolutions
In this CPE webinar we shine the spotlight on revenue recognition accounting practices unique to the entertainment industry, and how revenues are impacted by the recent ASC 606 accounting standard update. Dan Landes from the Los Angeles CPA firm GHJ will be the presenter.
Make your entertainment industry accounting team more strategicRKLeSolutions
As a finance leader in the entertainment industry, you deal with a unique set of challenges including managing multiple entities, creating consolidated reports, planning for the future, closing the month, and a whole lot more. The only way to do this well is to automate manual tasks with technology and free your team to be strategic. Would you like to know how to do this better? See how RKL eSolutions has helped Skydance, Legendary, and Spyglass Media improve their business processes with automation.
We felt it was important to host a webinar to review the 1099 changes in Sage 100 for 2020 tax filings. The webinar will cover:
Sage 100 versions required for 1099 NEC Reporting
Sage 100 Hot Fix For 1099 NEC Reporting
Utility to update 1099 Misc. Box 7 vendors and 2020 payment data to NEC Box 1
Using Aatrix within Sage 100 to print or efile 1099 forms
Aatrix web version for non-compliant Sage 100 versions.
Closing Sage 500 doesn’t have to be super stressful. Learn about the recent 1099 changes for 2020 and review year-end closing best practices from our experts.
The Sage 100 Road Ahead presentation provides an overview of the product enhancements and new features that are in Sage 100 version 2020, which launched in March. Upon completion of this course, participants will have an understanding of the exciting new changes included in this new release, including:
- Payroll Version
- Workstation Synchronization Without Admin Rights
- Data Conversion Enhancements
- Custom Office Enhancements
- Navigation Updates
- Address Changes
- Accounts Receivable and Payable Changes
- eInvoicing
- Multiple Purchase Orders on a Receipt
- Lot/Serial Expiration Dates
- Expensing Work-in-Progress Costs in Job Cost
How does Employee Self Service work in Sage HRMS? Slide deck includes:
Introduction to Sage HRMS
Self Service Portal & Paperless HR
Sage Alerts & Workflow Automation
Employee Self Service Solution Overview
If there’s one thing that the current crisis has illuminated for most companies, it’s that in the modern workplace every department – from accounts payable, to human resources, to legal – needs to be able to communicate, collaborate, and do their best work from anywhere, not just the office. We know that there are a lot of different software vendors that offer solutions for automation this download will provide you with an RKLeSolutions Resource Review. The purpose is to give a quick overview of a variety of automated solutions, allowing you to decide which platforms to research more deeply and which of their webinars are worth attending.
In Preparation for 2020 this slide deck has information on:
GL Fiscal Calendars
Inventory Calendars
Sage Fixed Assets
Closing 2019
Physical Inventory
Vendor 1099 Payments
General Health Checks
Disaster Recovery Plan
Pruning Data
Security Groups
Best practices for the month end close on Sage Intacct (Floqast)RKLeSolutions
Sage Intacct's cloud accounting solution has helped businesses streamline operations and increase efficiency. Add in Floqast and your month-end close can also be streamlined.
See Sage 100 Payroll 2.0 with new business framework, view grid data-entry screens and enhanced reporting options. In this webinar, we will go over the long list of new enhancements!
This presentation reviews year-end planning to help Sage 500 customers manage the period-end close process and how to prepare for 2018. Topics include:
Closing 2017
- Establish/Test your Disaster Recovery Plan
- Performing Year-End Physical Inventory
- Reviewing Vendor 1099 Payments
- Purging/Pruning Data
Preparing for 2018
- Creating new GL Fiscal Calendars
- Creating New Inventory Calendars
- Keeping current with Sage Fixed Assets
- Updating User Security Groups
Mobile App Development Company In Noida | Drona InfotechDrona Infotech
Looking for a reliable mobile app development company in Noida? Look no further than Drona Infotech. We specialize in creating customized apps for your business needs.
Visit Us For : https://www.dronainfotech.com/mobile-application-development/
Top Features to Include in Your Winzo Clone App for Business Growth (4).pptxrickgrimesss22
Discover the essential features to incorporate in your Winzo clone app to boost business growth, enhance user engagement, and drive revenue. Learn how to create a compelling gaming experience that stands out in the competitive market.
Do you want Software for your Business? Visit Deuglo
Deuglo has top Software Developers in India. They are experts in software development and help design and create custom Software solutions.
Deuglo follows seven steps methods for delivering their services to their customers. They called it the Software development life cycle process (SDLC).
Requirement — Collecting the Requirements is the first Phase in the SSLC process.
Feasibility Study — after completing the requirement process they move to the design phase.
Design — in this phase, they start designing the software.
Coding — when designing is completed, the developers start coding for the software.
Testing — in this phase when the coding of the software is done the testing team will start testing.
Installation — after completion of testing, the application opens to the live server and launches!
Maintenance — after completing the software development, customers start using the software.
Utilocate offers a comprehensive solution for locate ticket management by automating and streamlining the entire process. By integrating with Geospatial Information Systems (GIS), it provides accurate mapping and visualization of utility locations, enhancing decision-making and reducing the risk of errors. The system's advanced data analytics tools help identify trends, predict potential issues, and optimize resource allocation, making the locate ticket management process smarter and more efficient. Additionally, automated ticket management ensures consistency and reduces human error, while real-time notifications keep all relevant personnel informed and ready to respond promptly.
The system's ability to streamline workflows and automate ticket routing significantly reduces the time taken to process each ticket, making the process faster and more efficient. Mobile access allows field technicians to update ticket information on the go, ensuring that the latest information is always available and accelerating the locate process. Overall, Utilocate not only enhances the efficiency and accuracy of locate ticket management but also improves safety by minimizing the risk of utility damage through precise and timely locates.
Hand Rolled Applicative User ValidationCode KataPhilip Schwarz
Could you use a simple piece of Scala validation code (granted, a very simplistic one too!) that you can rewrite, now and again, to refresh your basic understanding of Applicative operators <*>, <*, *>?
The goal is not to write perfect code showcasing validation, but rather, to provide a small, rough-and ready exercise to reinforce your muscle-memory.
Despite its grandiose-sounding title, this deck consists of just three slides showing the Scala 3 code to be rewritten whenever the details of the operators begin to fade away.
The code is my rough and ready translation of a Haskell user-validation program found in a book called Finding Success (and Failure) in Haskell - Fall in love with applicative functors.
Custom Healthcare Software for Managing Chronic Conditions and Remote Patient...Mind IT Systems
Healthcare providers often struggle with the complexities of chronic conditions and remote patient monitoring, as each patient requires personalized care and ongoing monitoring. Off-the-shelf solutions may not meet these diverse needs, leading to inefficiencies and gaps in care. It’s here, custom healthcare software offers a tailored solution, ensuring improved care and effectiveness.
Essentials of Automations: The Art of Triggers and Actions in FMESafe Software
In this second installment of our Essentials of Automations webinar series, we’ll explore the landscape of triggers and actions, guiding you through the nuances of authoring and adapting workspaces for seamless automations. Gain an understanding of the full spectrum of triggers and actions available in FME, empowering you to enhance your workspaces for efficient automation.
We’ll kick things off by showcasing the most commonly used event-based triggers, introducing you to various automation workflows like manual triggers, schedules, directory watchers, and more. Plus, see how these elements play out in real scenarios.
Whether you’re tweaking your current setup or building from the ground up, this session will arm you with the tools and insights needed to transform your FME usage into a powerhouse of productivity. Join us to discover effective strategies that simplify complex processes, enhancing your productivity and transforming your data management practices with FME. Let’s turn complexity into clarity and make your workspaces work wonders!
What is Augmented Reality Image Trackingpavan998932
Augmented Reality (AR) Image Tracking is a technology that enables AR applications to recognize and track images in the real world, overlaying digital content onto them. This enhances the user's interaction with their environment by providing additional information and interactive elements directly tied to physical images.
Need for Speed: Removing speed bumps from your Symfony projects ⚡️Łukasz Chruściel
No one wants their application to drag like a car stuck in the slow lane! Yet it’s all too common to encounter bumpy, pothole-filled solutions that slow the speed of any application. Symfony apps are not an exception.
In this talk, I will take you for a spin around the performance racetrack. We’ll explore common pitfalls - those hidden potholes on your application that can cause unexpected slowdowns. Learn how to spot these performance bumps early, and more importantly, how to navigate around them to keep your application running at top speed.
We will focus in particular on tuning your engine at the application level, making the right adjustments to ensure that your system responds like a well-oiled, high-performance race car.
Quarkus Hidden and Forbidden ExtensionsMax Andersen
Quarkus has a vast extension ecosystem and is known for its subsonic and subatomic feature set. Some of these features are not as well known, and some extensions are less talked about, but that does not make them less interesting - quite the opposite.
Come join this talk to see some tips and tricks for using Quarkus and some of the lesser known features, extensions and development techniques.
Why Mobile App Regression Testing is Critical for Sustained Success_ A Detail...kalichargn70th171
A dynamic process unfolds in the intricate realm of software development, dedicated to crafting and sustaining products that effortlessly address user needs. Amidst vital stages like market analysis and requirement assessments, the heart of software development lies in the meticulous creation and upkeep of source code. Code alterations are inherent, challenging code quality, particularly under stringent deadlines.
AI Pilot Review: The World’s First Virtual Assistant Marketing SuiteGoogle
AI Pilot Review: The World’s First Virtual Assistant Marketing Suite
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https://sumonreview.com/ai-pilot-review/
AI Pilot Review: Key Features
✅Deploy AI expert bots in Any Niche With Just A Click
✅With one keyword, generate complete funnels, websites, landing pages, and more.
✅More than 85 AI features are included in the AI pilot.
✅No setup or configuration; use your voice (like Siri) to do whatever you want.
✅You Can Use AI Pilot To Create your version of AI Pilot And Charge People For It…
✅ZERO Manual Work With AI Pilot. Never write, Design, Or Code Again.
✅ZERO Limits On Features Or Usages
✅Use Our AI-powered Traffic To Get Hundreds Of Customers
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See My Other Reviews Article:
(1) TubeTrivia AI Review: https://sumonreview.com/tubetrivia-ai-review
(2) SocioWave Review: https://sumonreview.com/sociowave-review
(3) AI Partner & Profit Review: https://sumonreview.com/ai-partner-profit-review
(4) AI Ebook Suite Review: https://sumonreview.com/ai-ebook-suite-review
Code reviews are vital for ensuring good code quality. They serve as one of our last lines of defense against bugs and subpar code reaching production.
Yet, they often turn into annoying tasks riddled with frustration, hostility, unclear feedback and lack of standards. How can we improve this crucial process?
In this session we will cover:
- The Art of Effective Code Reviews
- Streamlining the Review Process
- Elevating Reviews with Automated Tools
By the end of this presentation, you'll have the knowledge on how to organize and improve your code review proces
Atelier - Innover avec l’IA Générative et les graphes de connaissancesNeo4j
Atelier - Innover avec l’IA Générative et les graphes de connaissances
Allez au-delà du battage médiatique autour de l’IA et découvrez des techniques pratiques pour utiliser l’IA de manière responsable à travers les données de votre organisation. Explorez comment utiliser les graphes de connaissances pour augmenter la précision, la transparence et la capacité d’explication dans les systèmes d’IA générative. Vous partirez avec une expérience pratique combinant les relations entre les données et les LLM pour apporter du contexte spécifique à votre domaine et améliorer votre raisonnement.
Amenez votre ordinateur portable et nous vous guiderons sur la mise en place de votre propre pile d’IA générative, en vous fournissant des exemples pratiques et codés pour démarrer en quelques minutes.
Atelier - Innover avec l’IA Générative et les graphes de connaissances
Sage 100Cloud Year-end Processing and Payroll Webinar 2019
1. Year-End Planning
for Sage 100
To Join the Audio:
US: +1 408 638 0968 or +1 646 876 9923 or +1 669 900 6833
Passcode: 399 997 149
Lanette Felsch and Sue Pawlowic
RKL eSolutions, LLC
12/4/2019
2. AGENDA
• Preparation
• 1099 Vendors - Calendar Year End
• Fiscal Year End
• Year End Resources
• Payroll
• Preparing for Payroll year end processing
• Payroll Period and year end processing- Reports
• Processing and filing Quarterly and year end forms
• Processing and filing w-2/W-3 Form and Aatrix
• Period year end close
• Tax table updates
• Post year end processing considerations
• ACA
• Q&A
3. Verify your Disaster Recovery Plan
Setup paperless office for reports
Create a copy of your live company before closing the
year
Calendar Year End vs. Fiscal Year End
Preparing for Calendar Year End
4. In order to process year-end tax forms in Sage 100, you must install the 2019 IRD and the year
end eFiling (Aatrix) update. The IRD is typically available the 3rd week of December.
Before installing the IRD, validate Sage 100 and any 3rd party applications are compatible.
Supported versions of Sage 100 are:
2019 Update 0 and higher (6.10.0)
2018 Update 2 (6.00.2)
2017 Update 5 (5.40.5) - End of Life
If you need an update or IRD installed, please contact RKL Support for assistance. Email:
support@rklesolutions.com
If you need to upgrade from Version 2017 or lower, please contact your RKL account manager.
Preparing for Calendar Year End
5. Preparing for Calendar Year End
To Determine your current version of Sage using Classic View, go to Help > About Sage 100
Classic
View
6. Preparing for Calendar Year End
To Determine your current version of Sage using the Standard View, go to Help > Sage 100
Standard
View
7. Preparing for Calendar Year End
1099 Preparation
Open Library Master > Main > Company Maintenance and confirm your EIN number has been entered:
8. Preparing for Calendar Year End
1099 Preparation – Version 2017
Go to Accounts Payable > Reports > Form 1099 eFiling and Reporting
9. Preparing for Calendar Year End
1099 Preparation – Version 2018 and 2019
Go to Accounts Payable > Reports > Form 1099 Tax Reporting
10. Preparing for Calendar Year End
1099 Preparation
- 1099’s are processed through a 3rd party product called Aatrix
- To download 2019 forms, choose Automatic Update and follow the prompts
- If Automatic doesn’t work, choose Download Update and browse to the Aatrix website for the
download
11. Preparing for Calendar Year End
1099 Preparation
- Test access to Aatrix before year end
12. Preparing for Calendar Year End
1099 Preparation
The wizard will pull the 1099 information from Sage and have you validate each section: Addresses,
Income, Tax IDs, etc.
13. Preparing for Calendar Year End
1099 Preparation - Forms
Aatrix will eFile for a fee or you can print your own forms.
Tax forms can be ordered from Sage Checks & Forms, or call 800-617-3224
14. 1099 Processing
Payment History Report
Correct Vendor 1099 amounts on the Vendor Masterfile as needed
Preparing for Calendar Year End
15. 1099 Processing
In the below screen, choose the correct options for electronic filing or printing
Preparing for Calendar Year End
16. Setup your next fiscal year: General Ledger > Setup > Fiscal Year Maintenance
Validate GL Budget Settings & Journal Resets: General Ledger > Setup > General Ledger Options
Preparing for Fiscal Year End
17. Verification of History retention in each module
Preparing for Fiscal Year End
18. Processing Fiscal Year End - Reconciliation
• Post all Journals & registers – Don’t
forget GL!
• Purchases Clearing Report
• If Inventory valuation is LIFO, FIFO,
Lot or Serialized, then reconcile
negative tiers.
• Trial Balance uses Posting date
• Aging reports use Invoice date.
• Please Validate with your Accountant
any additional reconciliations that
may be needed for your company.
19. Processing Year End - Module Order of Closing
Order *P/E Module Steps to Close
1 Bill of Material Verify all transactions are posted. No formal closing procedure
2 WO Reconcile WIP to GL. Print period/year end reports.
3 Manufacturing Reconcile WIP to GL. Print period/year end reports.
4
X PO Reconcile PO Clearing Report to GL on last day of month*.
Print Reports. Run Period end processing. *If last day of month is not possible, then reconcile to
current GL balance. PO Clearing Report is perpetual.
5 X SO Print Reports. Run Period end processing.
6
X Inventory Negative tier adjustments if applicable. Perform Physical Inventory Count. Reconcile Inventory to
GL. Print Reports. Run Period end processing.
7 X MRP Period end is performed once per year to close out the previous year’s projected demand
8 X Payroll Quarterly & Year end closing based on Calendar year
9
X AR Compute Finance charges if used. Print Statements if used. Validate Commissions if used. Reconcile
AR to GL. Print Reports. Run Period end processing.
10 X AP Reconcile AP to GL. Print Reports. Run Period end processing.
11 X Job Cost Reconcile to GL. Print Reports. Run Period end processing
12
Bank Reconcile to bank statements. (Occurs when Bank statement is received). *Note Bank module does
not retain any history
13
X GL Reconcile to subsidiary modules (AR, AP, PO, INV). Reconcile and Validate Financial reports. Run
Period end processing. When Year end is processed, income and expense accounts will roll into
Retained Earnings.
*P/E = There is a period end function that must be performed. The Period End function will advance that module to the next Period and will purge history/completed
transactions depending on parameter settings (how many periods/years are being stored in that module). If using Temp customers or vendors, they may be purged.
**Please Validate with your Accountant specific reports or year end tasks that may be needed for your company.
22. Processing Year End
Closing Tips
Period End Reports
Period end will purge history based on parameter options.
PO History
General Ledger controls what period can be posted
General Ledger CAN be Re-Opened
Company Maintenance will allow you to restrict posting to current and 1
future period
Close modules every period
Year End Backup
23. Preparing for Payroll QTR/Year End Processing
Payroll Period end occurs each quarter and at the end of the calendar year.
Versions 2017 –
When the payroll period end processing is run, QTD and or YTD data is purged from the system and can only be
recovered by restoring to a backup, so it is imperative that a database backup is performed, as well as a backup
company created, before running period end processing. Do not begin entering payroll for the new quarter until
the backup company is created and quarter end has been completed.
**Payroll Setup - Before processing Period End, verify that Payroll Options are set to Retain Perpetual Payroll
History. This must be done before the first 2020 payroll to retain history for ACA (Affordable Care Act).
Version 2018 and 2019 –
When the payroll period end processing is run, QTD and YTD data is stored in the system for the number of years
chosen in Payroll Options. The minimum number of years you can store data is 4 (including the current year). You
can enter payroll into future quarters and periods. However, RKL strongly recommends a backup company be
created before running period end processing to avoid any issues and to ensure backup history is available.
25. Payroll QTR/Year End Processing - Reports
Print Quarterly Payroll and Year end Reports
This section covers reports you should run quarterly to save for your own records and to assist in
reconciling the information on your tax forms. Sage recommends the following reports (at a
minimum) be printed BEFORE period-end processing:
2017
2018/2019
26. Payroll QTR/Year End Processing – Reports (Cont.)
• Quarterly Tax Report (ID 26733): Produces a summary of each employee's wage and tax information for the current quarter and year for each tax jurisdiction. This report
should be used to assist in reconciling your quarterly 941 form and applicable State quarterly tax forms.
• Quarterly Governmental Report (ID 49696): Used for reporting quarterly income and tax information to various governmental agencies. The default format supplied with
your Payroll module accommodates the original federal Form 941A. This federal form is not required, but may be applicable for some state requirements.
• Employee Totals Verification (ID 26175): Used to confirm the calculated values of check totals for employees equal the employee totals in Tax Summary. This report lists
employees with discrepancies, and employee totals that differ from check totals. Review this report before printing W-2 forms to verify the correct information is reported
to the IRS.
• Payroll Check History report (ID 48774): Lists all checks written for a specified period by employee. Use this report for reference purposes. This report may not be
appropriate for all reconciling purposes.
• Earnings Report Provides a month-to-date, quarter-to-date and year-to-date summary of employee earnings information detailed by hours and amounts. This report is
updated using the pay period ending date entered in Payroll Data Entry.
• Deduction Reports (ID 49698): Provides a month-to-date, quarter-to-date, and year-to-date summary of employee deduction information for up to six deduction codes.
This report is updated using the pay period ending date entered in Payroll Data Entry.
• Benefit (Time Off) Accrual Report Provides a year-to-date summary of accrued benefit hours and amounts, by employee, for the three types of benefits (vacation, sick
pay, and the third benefit type defined in Payroll Options). If the third benefit type is not defined in Payroll Options, the fields for this benefit type do not print.
Pension Plan History Report Provides a summary of hours worked and earnings amount by employee for a date range for pension plan deduction codes.
• Worker’s Compensation Report Provides a recap of workers' compensation tax calculations. This report can be printed with employee detail or can be summarized by
workers' compensation code. The number of paychecks, wages, and hours applying to specific codes are reported, as well as the tax extension for each employee. In the
Workers' Compensation Maintenance window, when Monthly is selected in the Type of Limit field, the Workers' Compensation Report prints for the month defined in the
Payroll Accounting Date field.
27. Install Interim Release Download (IRD)
Available on Sage website approximately December 23, 2019.
Must be downloaded and installed before running W-2s
Must be on a supported version of Sage 100 in order to be able to install IRD
2017 update 5 (5.40.5) - This is the last Year End Update for Sage 100 2017
2018 update 2 (6.00.2)
Payroll 2018 update 5 (2.18.5)
2019 Update 0 (6.1.0)
Payroll 2019 update 1 (2.19.1)
If installing a new product update, new unlocking keys from Sage will be required.
28. eFiling and Reporting / Federal and State Tax Reporting
Quarterly Tax Forms and W-2 Forms
Interim Release Download (IRD) for 2019 must be installed prior to running W-2s
Requires installation on workstation
May prompt for download of new forms
Must have an active Sage Business Care plan, internet connection and be on a supported version of
Sage 100 ERP. (For Tax filing year 2019 the current supported Sage 100 ERP versions 2017, 2018 and
2019.)
If installing a new product update, new unlocking keys from Sage will be required.
29. Quarterly Tax Forms
Print Quarterly Tax Forms
Go to Payroll > Period End Processing >
eFiling and Reporting – or –
Federal and State Tax Reporting
Print the 941 & 941 Schedule B Federal tax forms (ID 27107): This is a quarterly form. These forms are printed on plain paper.
a. Go to: Payroll > Period End > Federal eFiling and Reporting – Federal and State Tax Reporting.
b. Select the following, and click Accept.
Form ID = xxxx 941/Schedule B/941-V Report (xxxx=tax form year)
Verify Company information. *Note: Company name, address, phone and Federal Tax ID are automatically populated from Company Maintenance, but can be
changed
Verify the Reporting Year and Quarter
Click Accept
Print applicable State tax forms (ID 52376): These forms are printed on plain paper.
a. Go to: Payroll > Period End > Federal eFiling and Reporting – Federal and State Tax Reporting.
b. Select the applicable State from drop down
c. Highlight applicable State tax form
Verify Company information. *Note: Company name, address, phone and Federal Tax ID are automatically populated from Company Maintenance, but can be
changed
Verify the Reporting Year and Quarter
Click Accept
2017 2018 and 2019
30. Print or eFileW2/W3 forms
At Calendar Year End Print or eFile W2/W3 forms
Interim Release Download (IRD) for 2019 must be installed prior to running W-2s
W2's should be printed from your live company. For Sage 100 Version 2017, they must be printed
before year end processing is performed since all YTD data will be cleared. If a W2 needs to be
reprinted after Year end processing, then it can be printed from your backup company.
Go to: Payroll > Period End > Federal eFiling and Reporting / Federal and State Tax Reporting
**Note: In order to access eFiling & Reporting/Federal and State Tax Reporting, you must have an
active Sage Business Care plan, internet connection and be on a supported version of Sage 100 ERP.
(For Tax filing year 2019 the current supported Sage 100 ERP versions 2017, 2018, and 2019.)
31. Print or eFile W2/W3 forms - Aatrix
If printing W2 from Backup company, edit
data to match live company; this is what
will print on the W2.
Note: If you are prompted to install a mandatory or
an optional update, click Yes and then follow the on-
screen instructions. You must install mandatory
updates to continue processing, and you must
install Automatic updates to maintain current forms
and programs.
Please don't be confused by the menu name “eFiling” in Sage 100 Version 2017; you are still able
to print W2 and 1099 forms plus 330+ payroll tax forms for FREE to your printer. To see how
easy it is, ask RKL for an eFiling and Reporting guide.
32. Perform Period End in Live company to close out quarter
Make sure all Quarter & Year End Reports have been printed
Validate W2's have been printed/eFiled if year end
Validate a Backup Company of your Payroll has been created. (At a minimum create a copy of live
company with Payroll, GL, and Common)
Go to Payroll > Period End > Period End Processing
2017
2018/2019
33. Tax Table Updates – Sage 100 Version 2017
Update new Tax Tables before performing the 1st payroll of the new year.
Go to Sage website and download new tax tables.
Verify and Change as necessary the State Unemployment, Disability and local Tax Rate and Limits in Tax Table
Maintenance for each of the states you process payroll, to reflect correct 2020 rate for each company.
34. Tax table updates – Sage 100 Version 2018 and 2019
Set up a user/email address in Payroll > Setup > Service Notification Maintenance.
As tax updates become available throughout the year, you will receive an email with a link to download and install
the current tax rates. The downloads include all local taxes in the United States.
If no user is listed in Service Notification Maintenance, as tax rates change you will be prompted to download new
tax rates when you log into Sage 100.
PLEASE DO NOT DOWNLOAD OR INSTALL ANY TAX UPDATES UNTIL AFTER THE LAST 2019 PAYROLL HAS BEEN
PROCESSED.
35. Payroll Year End considerations
Version 2017:
Timing to create year end backup copy after last payroll. No one in system so you can copy GL, CI and
PR to archive company code
2020-Q1 Tax table update and 2019 Interim Release Downloads with be available approximately
12/23/2019.
eFiling and Reporting/Federal and State Tax Reporting (Aatrix) year end update approximately
12/23/2019. You need to access eFiling and Reporting/Federal and State Tax Reporting to get
the update.
You must have an active Business Care plan with Sage, be on a supported version (including product
updates), and have installed the IRD and the Aatrix update prior to processing W2’s or ACA reporting.
When installing the IRD it will verify you are on the appropriate product update. Installation of the
product update will require new unlocking keys provided by Sage.
36. Payroll Year End considerations (continued)
ACA features must be setup and data loaded prior to processing ACA reporting.
ACA Employer Information
ACA Employee Information
If you own Visual Integrator, data can be imported into the ACA files if necessary.
Version 2017 only - ensure that Perpetual History is enabled in Payroll Options.
Ensure that Employer ACA maintenance is accurate for each year.
Have you processed your fringe benefits for the year?
Have your processed an employer contribution deduction for reporting of ACA employer
sponsored health care on the W-2?
37. Payroll Year End considerations (continued)
Version 2017 (5.40.5) Retirement Reminder: the 2019 year end IRD and 2020-Q1 tax table
update will be the last year end IRD and tax table update that will be provided for version 2017,
please see Sage’s Supported Versions document:
https://support.na.sage.com/selfservice/viewdocument.do?noCount=true&externalId=31477
&sliceId=1&isLoadPublishedVer=&docType=kc&docTypeID=DT_Article&stateId=16358&cmd=
displayKC&dialogID=725559&ViewedDocsListHelper=com.kanisa.apps.common.BaseViewedD
ocsListHelperImpl&openedFromSearchResults=true
Sage End of Year Center:
https://sagecity.na.sage.com/support_communities/sage100_erp/sage100-yearend
38. ACA
************** Please Read *************
This section of the guide is to assist with understanding some of the new IRS rules so that
Sage Payroll can be setup properly, but it is not the official IRS guideline. Check with your
Accountant to validate requirements for your company. Please also review the IRS website:
http://www.irs.gov/Affordable-Care-Act/Employers/Questions-and-Answers-on-Employer-
Shared-Responsibility-Provisions-Under-the-Affordable-Care-Act#Employers
Affordable Care Act (ACA) will require employers with more than *50 employees or that are self-
insured to report employee health insurance information to the IRS.
*See IRS rules to determine if you qualify.
40. Test
Are you considered a Large Employer?
Your organization is an applicable large employer if you or other entities that must be
combined together with your organization (for instance, other members of an aggregated
group) employed an average of at least 50 full-time employees, including full-time equivalent
employees, on business days during the preceding calendar year. For example, your 2019
employee count determines if you’ll be required to track and report employee and health
coverage information in 2020.
41. ACA Setup and Filing
ACA Employee Maintenance - Gather Information for the 1095C form
42. ACA – Monthly Detail
Select the Offer of Coverage and Employee share. Check with your insurance provider to
validate Offer of Coverage.
43. ACA – Covered Individuals
List each person covered by Insurance and which months.
44. ACA Employer Maintenance - Gather information for the 1094C Form
If less than 50 employees, the Employer Maintenance
will not be updated unless you Check box to be
included as Applicable.
45. ACA Applicable Large Employer Report
If you are an Applicable Large Employer, then at the end of the year, you can run the "ACA
Applicable Large Employer Report" to populate the Employees and hours by month in the
Employer Maintenance - Monthly Detail.
46. Note The ACA Applicable Large Employer Report is offered as a self-help tool for your
independent use. Sage cannot and does not guarantee the report's accuracy or applicability to
your circumstances. To comply with the Affordable Care Act, hours of service must be reported
by calendar month. Because hours worked are tracked by pay periods in Sage 100 ERP and pay
periods may span more than one month, a calculation is performed to get an approximate
monthly total. The total is an estimate and may not reflect the actual hours worked. For
specific tax or legal advice, see a professional tax service provider or an attorney, as
appropriate.
ACA Applicable Large Employer Report (continued)
47. Create an Employer Contribution deduction for
Employer-Sponsored Health Coverage
The Affordable Care Act (ACA) requires
employers to report the cost of
coverage under an employer-sponsored
group health plan. Reporting the cost of
health care coverage on the Form W-2
does not mean that the coverage is
taxable. The value of the employer's
excludable contribution to health
coverage continues to be excludable
from an employee's income, and it is
not taxable.
48. How to generate Forms 1094-C & 1095-C
Aatrix year end update released on approximately December 23, 2019 will include the Forms
1094 & 1095.
Note: A 1095 form will be generated for all employees who have information entered in the
ACA Employee Maintenance > Monthly Detail and/or Covered Individuals screens
Open Payroll, Period End, Federal eFiling & Reporting / Federal and State Tax Reporting
After installing the Aatrix 2019 year end update the Forms 1094 & 1095 will be listed
Additional Information:
If you wish to import ACA information into Sage 100 using Visual Integrator module, please see article in
Sage Knowledgebase: Where are the Affordable Care Act (ACA) Visual Integrator jobs located.
If you have version 4.50 or 2013 installed and you are not able to upgrade to Sage 100 2014 or
higher, you may use the ACA worksheet to gather your ACA information, which can be imported after the
appropriate product update is released. Note: You must own the Visual Integrator module. Please see
related article, ACA Reporting Worksheet for Sage 100 ERP .
49. Payroll EEO-1 Compliance
If paying 100 or more employees:
As of September 1, 2019 Component 2 Data is required to be reported
Includes hours worked and pay information from W2 forms by race,
ethnicity, and sex
Payroll Version 2.19.4 includes the following fields:
Ethnicity/Race
Job Category
50. W-4 Forms – January 2020
The IRS has released a new W-4 form effective January 1, 2020. New form
must be used by:
All new employees starting January 1, 2020 or later
All existing employee changes after January 1, 2020
Sage 100 Versions 2017 and lower will not support the additional fields
necessary to correctly calculate federal withholding taxes
Must manually calculate taxes using the IRS calculator:
https://www.irs.gov/individuals/tax-withholding-estimator
To upgrade Sage 100 version, please contact your RKL account manager.
NOTE: Windows 7 and 2008R servers will no longer be supported by Sage 100 after
January 1, 2020
51. Year End Resources
RKL Support Support@rklesolutions.com
Sage On-line Help Click on ? Icon to obtain help on any topic
Sage City Year End Center https://sagecity.na.sage.com/p/yearend
54. Thank you and Happy Holidays!
Contact us for pricing, compatibility and consulting
needs of your business management solutions.
Sales@rklesolutions.com
717.735.9109