If you are using Sage100 for multiple companies, then you should consider DSD Business Systems add-ons that allow you to coordinate information between multiple companies. (Friendly Systems is DSD’s North Atlanta Branch) GL: Multi-Company Financial Reporting and GL Account copy between companies and an option to allow inter-company expensing/posting from one company to multi companies […]
Read More →The Sage 100 2.21.0 Payroll release is now available. It includes changes needed for Federal Taxes and reporting and enhancements to Direct Deposits. It ALSO includes the following enhancements: New reports and fields for Paying back deferred social security tax Direct Deposit Processing now has a wider window and the ability to see Sent/Unsent batches. […]
Read More →What’s new? Below are some of the new features: 1099 Tax Form updates: For tax year 2020, Non-employee Compensation is reported in box 1 on a new 1099-NEC form (instead of box 7 on the 1099-MISC form where it was reported previously). On the A/P Print 1099/1096 Forms screen, you can now print to the […]
Read More →Sage University has free on-line training for Sage users by module. People can learn, enhance and brush up on features of the modules they work in. This includes not only standard modules such as A/R, A/P, G/L, Payroll, Sales Order and Purchasing but also Sage System Administrators, Sage Intelligence and Financial Reporting and Program/Data Files […]
Read More →The IRS has changed the 1099 form for 2020. For non-employee compensation instead of filing form 1099-MISC you will now use a form 1099-NEC. The changes require a Supported Sage Version with the Latest Updates. You will need to plan to issue this new form for applicable compensation. The penalty for late or failure to […]
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