Over 100 enhancements since the release of 2.0
When Sage 100 Payroll 2.0 was released in 2018, it was totally re-imagined in order to align with the larger vision for Sage 100cloud. Building on the momentum of adding more than 100 enhancements since the original release of Sage 100 Payroll 2.0 version 2.19.3 is packed full of valuable enhancements.
Here’s a look at what’s included in the newest Sage 100 Payroll 2.19.3.
‘Other’ Tax Deduction Tracking
Until now, ‘Other’ tax deductions have been bucketed under state tax and could only be recorded in a single GL account. This usually meant having to maintain separate spreadsheets to track state and other taxes. Sage 100 Payroll 2.19.3 now adds the ability to track these in separate GL accounts, so they appear in separate items.
Employer Contribution Reporting
Recent tax law changes require employer contributions to be considered part of an employee’s total compensation. In response, Sage 100 Payroll now allows contribution expense account entry for employer contribution deductions and prints deductions on checks and direct deposit.
Check Reversals
Sage 100 Payroll now allows the lookup and reversal of any checks outside the current quarter which creates better consistency in historical reporting.
Pension Plan Reporting
The Pension Plan History report was replaced with a new Pension Profit Sharing report.
Please don’t hesitate to Contact Us with questions about using Sage 100 Payroll 2.0.
Register for our Sage 100 newsletter today!