Description
This knowledge base article provides information on commonly asked questions regarding fiscal year-end and payroll year-end. Keep in mind that a fiscal year-end and payroll year-end are two separate functions and do have not relations to each other. A fiscal year is a financial year you set up for your business and varies between businesses.
Resolution
Year-end processing general info
How to backup system and company files
How to create an archive or copy of a company
How to complete payroll year-end processing
Do tax table updates or service packs update sales tax rates?
Tax form printing
One copy of the W-2 or 1099 is not printing
What are the filing deadline dates for W-2s, 1099s and ACA forms?
When will the new tax forms be available?
Enhanced Tax Reporting shows prior year forms
Error: "Opening Company.asd" accessing Enhanced Tax Reporting
Payroll Tax Calculations
How to troubleshoot percentage-based tax calculations
Payroll Withholding taxes are not calculating correctly
What version includes the current year payroll tax updates for Sage BusinessWorks?
Tax Table Updates are not available for unsupported product versions
What is the process to correct the program when a Payroll Tax Table Update was installed too early
Will Federal and State income tax withholding taxes self adjust?
How to modify the tax table allowances, limits, and rates
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 install tax table updates before or after I have processed my W-2s?
Do I have to have my W-2s printed before I close December?
Bonus Checks
How to gross up a net value check
Third Party Sick Pay
How to process Third Party Sick Pay when employer pays employer portion of FICA
Affordable Care Act
Process Affordable Care Act (ACA) forms for Sage BusinessWorks Accounting
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 merge multiple vendors into one vendor ID
How to edit vendor 1099 totals
No data is displaying when printing 1099s
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