Payroll
The Sage Pro Payroll module enables you to calculate and maintain payroll and labor distribution for hourly, salaried, commissioned, and per-unit employees in an easy-to-use graphical interface. Payroll includes tax calculations for all 50 states, the District of Columbia, and Puerto Rico. An impressive array of reports is included to provide payroll-related information on your employees, taxes, workers' compensation, EEO, pay types, 940/941, and much more. Payroll can be used as a standalone solution or integrated with other Sage Pro accounting modules such as General Ledger, Accounts Payable (including Bank Reconciliation feature), Job Cost, and Project Accounting.
Features
Pay Types
- Distributes salaried and hourly amounts to different jobs, departments, General Ledger accounts, or pay types (e.g., sick or vacation pay).
- Supports multiple vacation types.
- Automatically posts sick and vacation expenses and liabilities to General Ledger during payment processing.
- Report vacation, sick, and personal time on check stubs.
- Calculates user-defined set of taxes for particular pay types, including various expense categories or taxing authorities.
- Allows grouping of taxes into tax territories to handle employees who work in more than one state during a pay period.
- Supports pre-defined tokens, tax formulas, and tables covering federal and all state taxes that are user-modifiable and can be automatically updated with a Sage Pro tax subscription (additional subscription fees apply).
- Enables addition of user-defined taxes, tax formulas, tables, and tokens, which can be merged with Sage Pro tax updates.
- Earned Income Credit is handled as a negative tax for qualified employees and is printed on pay stubs and W-2 forms.
- Provides option to calculate taxes on the fly for verification during posting.
- Allows multiple user-defined deductions assigned to an employee and /or posting.
- Allows virtually unlimited number of taxes to be withheld from an employee's pay.
- Enables employers to match employee deductions such as 401(k) plans based on a percentage.
- Support 401(k) contributions.
Checks
- Provides the ability to void multiple checks at once.
- Offers three check types in both multi-purpose and pre-printed check stock.
- Links with Accounts Payable bank reconciliation.
Employer Reporting
- Report adjustments in current quarter for voided checks created in a previous quarter.
- Reports workers' compensation premiums owed based on rates, wages, and hours.
Key Reports
Some of the reports included are:
- 940 Report
- 941 Exception Report
- 941 Report
- Check Register
- Deduction Listing
- EEO Report
- Employee Accrued Time Report
- Employee Address List
- Employee Deduction Status
- Employee Mailing Labels
- Employee Pay History
- Employee Seniority List
- Employee Status
- Employee Wage and Tax
- Labor Statistics
- Magnetic Media Reports
- Pay Types Listing
- Payroll Deduction Register
- Payroll Journal Report
- Payroll Labor Cost Report
- Payroll Liability Report
- Payroll Register
- Payroll Tax Register
- Posted Earnings Report
- Tax Jurisdictions
- Tax Listing
- Tax Territories
- W-2s (printed and magnetic media)
- Workers' Compensation Report
