Year-end Resources for Sage BusinessWorks
Description

What's new in Sage BusinessWorks 2026

  • You can now print 1099 forms for the current year or the previous year.
  • 1099 totals are now based on check detail records.
    • If you need to adjust a vendor's 1099 amount, edit the value directly on the 1099 grid.
    • The 1099 Worksheet now uses a date range. To review 2026 totals, use a date range of 1/1/2026 through 12/31/2026.
  • Company Close now automatically creates a backup before closing the company.
    • Ensure all users exit the company before starting the Company Close process.

Year-end processing general information

Before beginning year-end processing:

  1. Review the year-end tips and recommendations.
  2. Back up your company files before closing any module.
  3. Create an archive or copy of your company to preserve a year-end snapshot.
  4. Complete all payroll year-end reports before installing the 2027 payroll tax update.
  5. The annual Enhanced Tax Reporting (Aatrix) tax forms update releases separately from Sage BusinessWorks service packs.
    • The 2026 tax forms updates on December 20.
    • Tax forms don't update through Sage BusinessWorks service packs.

Tax form printing

Payroll Tax Calculations

Form 941

W-2s

Form 940

The current year 940 updates through an Enhanced Tax Reporting update on December 20.

Bonus Checks

Third-Party Sick Pay

Vendor 1099s

Affordable Care Act

Federal law on tips and overtime

After year-end processing is complete

Payroll taxes and tax updates

Other resources

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