• Alabama Overtime Wage Exemption

    My company has multiple pay types. We have regular billable, OT billable, regular non-billable, OT non-billable, personal leave, holiday and bonus/incentive pay types for our hourly employees. Not to mention all our employees hourly pay rates are not…
  • Alabama Overtime Exemption Formula

    We have 5 pay types - regular, OT, incentive, holiday, and vacation. The current formula I am using, from the first January update, only taxed the regular pay, and I noticed too late that it was only taxing the regular pay and nothing else. I was hoping…
  • LOCAL TAX CALCULATION

    Hello In my place I have some local taxes for professional services, i need to create like a "rule" that calculates the 10% tax for professional service or the 6% is a waiver certificate is provided, from the total amount of the invoice. This calculation…
  • 2024 Federal Tax Bracket Update

    I have updated Sage 50 Payroll to 20240101. The federal tax brackets were to change for 2024, but when I go process payroll for the new year the federal amounts for all employees have stayed the same as 2023. Spoke to support yesterday and all they said…
  • 401k Contribution Limit

    Does Sage 50 recognize when an employee reaches the annual maximum 401k contribution and stop withholding the normal contribution from the employee's pay?
  • 941 incorrect amounts calculating

    Anyone else dealing with this? It has long been known that when you void or reissue a paycheck, the 941 report has incorrect amounts resulting from negative symbols being deleted in the background and the amounts then added together for the day. This…
  • Taxing Cash tips in Sage 50 payroll

    We have servers that get cash tips that are not paid on their check but they want us to take out taxes for them on these tips. How do I get the program to tax these tips. Currently they are only shown in the memo tips. HELP PLEASE!
  • Non-Cash Compensation

    I need to include a non-cash compensation for an employee. The non-cash compensation is large, so it generates a net negative payroll check. This is employees final check, can I just not tax the non-compensation? if so, what implication should i need…
  • Pension Deductions

    For some reason I can't get anyone from Sage to help me set up my deductions for a pension. I am hoping someone can help because none of the company benefits in retirement show a pension type calculation. This is what I need to do... I need to deduct…
  • Chained VAT / Tax calculations on Sage 50 US

    Hi all, I've been going through the sales taxes of sage 50 for sometime and I'm trying to find a way how to calculate chained vat or tax calculations. Further explaining the chained vat / tax scenario. If an invoice is issued to a customer for two…
  • Best way of tracking Purchase Order Variances

    So I am trying to streamline our Cost tracking and PO process. Basically is there an efficient way of recording a PO Variance to to a variance account while receiving against a PO in the Purchase Entry screen that doesn't require figuring out the balancing…
  • Benefit deducting from W-2 wages

    I set up an insurance benefit as a company expense in payroll settings with yes to general ledger and reports and taxable for federal and state wages only. It is deducting rather than adding to Federal and state wages on W-2's. I've had this problem for…
  • Apply a tax based on another tax

    Hello to all We currently use the Sage 50 US Accounting 2018 Quantum What I want is that when a card payment is registered, part of applying the corresponding tax in the country where I am located which is 12%, another tax of 15% will be applied but…
  • W-2 not pulling correct data

    I've searched everywhere and this is getting frustrating because,when checking the W-2 withholding amounts for employees all Social security withholding is not correct in Box4. All other tax reports are pulling the correct social security withholding…
  • how to claim credit for FFCRA on form 941

    Hi, I am having hard time understanding how to claim the FFCRA credit on form 941. I paid $1520.00 total of FFCRA sick leave. the form told me to annually reduce the liabilities on schedule B, the amount is 1542.04 (which is gross + medicare - employer…
  • Needed: 401k Formula which stops the company match at $285,000 gross earning

    We need a 401k formula which allows the employee to deduct up to the Limit or Catch Up Limit, but stops the company match at the gross earning amount, for instance, of $285,000 for high income earners.
  • Setup Inventory System

    My company is using Sage 50 for accounting. Our business is to provide beauty treatment services. We would like to use system for calculating the COGS instead of using excel, such like Botox. (because cost is affected by many situations, like invoice…
  • How to calculate month-end inventory?

    Hi everyone, I'm new to sage 50 US. I know that sage 50 can only show the month-end inventory balance for the last 12 months. What if I need to go back further? Is there a way I can do it on the back-end using the database and pervasive sql to do…
  • Need for T-Value within the program?

    How are all of you handling your amortizations for loans/notes? it seems it would be a valuable feature to incorporate into the program a quick t-value of sorts that will stay with that GL Liability account for backup instead of processing outside of…
  • Invoicing Inventory w/ Negative Qty

    Is there a way to not allow billing of inventory items if they are negative? Or a password protected authorization to do so?
  • General ledger account

    I am seeing in my cost of sales account in the general ledger report amounts that are unknown for only 1 company from the month of July to October. Usually any invoice that is paid goes into cash receipts report but those particular invoices are only…
  • ILSIT - Illinois State Income Tax (Illinois Income Tax Withholding)

    Just starting the first payroll of the 2019 year and I was verifying the calculations from Sage 50 verses online calculators such as paycheckcity.com. Three out of the four (4) paychecks matched perfectly with the online double check. The disconnect is…
  • inventory multi-pack setup

    Trying to understand units of measure and multi-packs and after reading posts here I think I may be even more confused. Sorry if I should have been able to get the answer from previous posts, but any help is appreciated! We buy and stock an item in…