Summary
Common questions about fiscal year-end and payroll year-end processing in Sage BusinessWorks.
Description
Table of Contents
Year-end processing general info
- Year-end tips
- How to backup system and company files
- How to create an archive or copy of a company
- Do tax table updates or service packs update sales tax rates?
Tax form printing
- When will the new tax forms be available?
- Enhanced Tax Reporting shows prior year forms
- Error: "The encryption key has changed..." or "Error Opening Company.asd"
- One copy of the W-2 or 1099 isn’t printing
- Filing deadline dates for W-2s, 1099s and Affordable Care Act (ACA) forms?
Payroll Tax Calculations
- What version includes the current year payroll tax updates?
- Will my payroll taxes self-adjust if I don’t install the tax table updates?
- Tax Table Updates aren’t available for unsupported product versions
- Will Federal and State income tax withholding taxes self-adjust?
- How can I correcthat is the process to correct the program when a Payroll Tax Table Update is installed too early
- Payroll Withholding taxes aren’t calculating correctly
- How to troubleshoot percentage-based tax calculations
- How to modify the tax table allowances, limits, and rates for the new year
Form 941
- 941 Payroll Quarterly Report Frequently Asked Questions - access this article for information regarding processing, reconciling and troubleshooting your 941
- How to access the 941 Schedule B
W-2s
- W-2 processing - Frequently Asked Questions and Troubleshooting - access this article for information regarding processing, reconciling and troubleshooting your W-2s
- Do I have to have my W-2s printed before I close December?
- Do I install tax table updates before or after I’ve processed my W-2s?
- How to process allocated tips
Bonus Checks
Third-Party Sick Pay
Affordable Care Act
After year-end processing is complete Payroll taxes and tax updates
- How to change my SDI, OASDI or SUI limits
- How to download and install Sage BusinessWorks Accounting service packs and tax updates (to be completed after W-2s and State tax reports are printed)
- Prepare your payroll for the new year
Vendor 1099s
- 1099 processing Frequently Asked Questions - access this article for information regarding processing and troubleshooting your 1099s
- How to edit vendor 1099 totals
- No data is displaying when printing 1099s
- How to merge multiple vendors into one vendor ID
Other resources
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