Sage 50 US

I made an error while paying employees that wanted their bonuses to have taxes taken out. I took too much Social Security out and when they run the W2 for a refund on taxes it says "employer owes you a refund". How do I issue a refund for that over…

Can someone help me with an issue we're having in how to handle a retro-active payroll adjustment for "hourly" employees. Occasionally, HR is late in provided pay rate adjustments and we need to make an addition to a current check for unpaid "Back-Pay…

Direct Deposit pulls funds for Aug 2 payroll on July 31. The transaction shows up on my bank statement for July but in Sage in August. What's the proper way to clear the amount from the direct deposit to reconcile the bank account? Thanks in advance.

I entered a bill for $3000 and paid it. the vendor called and said the bill was for $5000 and turns out I entered the bill wrong initially. Since the month was still open I changed the bill amount from $3000 to $5000 which created an open balance of…

Help! I have a small company that this year distributed a non-cash award to eligible employee. The value was $500.00, so we need to treat it as income and withhold/pay taxes. How do I enter this in Sage so that the appropriate taxes are recorded but the…

The 1st January 2018 Sage 50 US Payroll Solutions Update was released today, December 19th 2017 This update contains Federal and State tax formula calculations for the 2018 calendar year reported through December 13th, 2017 . To receive this update…

I searched for an answer to this and all the answers I got seemed "poor accounting" . First was "Delete Transaction" then create a new $-0- value check that reverses the first check (or something--Activity suggested, not clear.Here is how I finally did…

Hi all - I recently inherited an accounting position where my predecessor was playing catch-up trying to re-create a company's records with incomplete information. The company uses 2 credit cards to help with cash flow in paying vendors. I recently…

Hello All, I recently took over the accounts payable department at my job. I learned that when they close the year out, they do close the current year, they actually close the prior year. For example: 12/31/15, they closed out 2014 not 2015. My questions…

The 2nd January 2016 Sage 50 US Payroll Solutions Update will be available the afternoon of January 26, 2016. This update includes 2016 payroll tax tables changes to the State and Local Payroll Tax calculations for the District of Columbia, Maryland,…

How do I change payroll transactions that were posted and disbursed in period 12 to period 13? The actual disbursement date was January 3, posted as December 3.