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January 2020 List of Changes
The NEW 2020 W4 Form changes are now included in the Employee File.
2020 Federal Tax Withholding Rates.
The following state tax changes are included: CA, IA, HI, KY, ME, MI, MN, MO, NM, NY, NC, ND, OR, SC and VT.
The 2020 Ohio School District Tax Rate changes.
MD Local Tax Rate Changes - Local Tax Rate Changes - There have been 7 local tax rate changes for tax year 2020. Anne Arundel County to 2.81%, Washington County to 3.2%, Baltimore County to 3.2%, Dorchester County to 3.2%, Kent County to 3.2%, St. Mary’s County to 3.17%, and Worcester County to 2.25%.
Payroll
Employee File – Payroll and Compensation Information
YTD Employer HSA Contribution amount can be input and in prepare W2 step the software will take the HSA Contribution amount from the employee file and populate Box 12W.
Annual- W2 Processing
State of Oregon – Transit Tax - On the Edit W2 box form you can now choose a local tax code for OR Transit Tax to report in Box14 A. In Prepare W2, the software will take local tax amount and populate Box 14 A with description ORSTT W/H.
In the W2 state E-file for OR, the transit tax wages and tax are in RS record position 348-358 and 359-369. And RV record in position 40-54 and 55-69.
Accounts Payable
AP Processing- Payment Selection
Added the ability to click and drag to select multiple vouchers in select vouchers for payment. You can use Shift/Control Click, or hold down the mouse to do multiple selections.
Void AP Check
Search Function has been added to allow the ability to search for a check number.
Tools
Check Listing
Two new check listing have been added:
Print AP Direct Deposit
Print PR Direct Deposit
User Tracking
The following items have been added to User Tracking:
Cost Allocation setup
Budget
Opening GL Balance
Void AP Check
2020 Federal Tax Withholding Rates.
The following state tax changes are included: CA, IA, HI, KY, ME, MI, MN, MO, NM, NY, NC, ND, OR, SC and VT.
The 2020 Ohio School District Tax Rate changes.
MD Local Tax Rate Changes - Local Tax Rate Changes - There have been 7 local tax rate changes for tax year 2020. Anne Arundel County to 2.81%, Washington County to 3.2%, Baltimore County to 3.2%, Dorchester County to 3.2%, Kent County to 3.2%, St. Mary’s County to 3.17%, and Worcester County to 2.25%.
Payroll
Employee File – Payroll and Compensation Information
YTD Employer HSA Contribution amount can be input and in prepare W2 step the software will take the HSA Contribution amount from the employee file and populate Box 12W.
Annual- W2 Processing
State of Oregon – Transit Tax - On the Edit W2 box form you can now choose a local tax code for OR Transit Tax to report in Box14 A. In Prepare W2, the software will take local tax amount and populate Box 14 A with description ORSTT W/H.
In the W2 state E-file for OR, the transit tax wages and tax are in RS record position 348-358 and 359-369. And RV record in position 40-54 and 55-69.
Accounts Payable
AP Processing- Payment Selection
Added the ability to click and drag to select multiple vouchers in select vouchers for payment. You can use Shift/Control Click, or hold down the mouse to do multiple selections.
Void AP Check
Search Function has been added to allow the ability to search for a check number.
Tools
Check Listing
Two new check listing have been added:
Print AP Direct Deposit
Print PR Direct Deposit
User Tracking
The following items have been added to User Tracking:
Cost Allocation setup
Budget
Opening GL Balance
Void AP Check