Sage 300 CRE Brunch Club: It's Year-End Again!

Missed our Recent Brunch Club meeting? Watch it now and download the slides to eexplore all the processes needed to close out the year in Sage 300.

In this CRE Brunch Club, the Sage 300 team focused particularly on preparing 1099s and year-end reports. We walk through the process of using the Sage 300 system to run specific reports, close the year, and generate forms and e-filing for 1099s. We also cover essential topics like handling third-party sick pay, pulling local taxes onto W-2s, and the critical steps to take before downloading your taxes and closing your year.

• The webinar provides a comprehensive walkthrough for preparing 1099s in the Sage 300 system, including running reports, setting up accounts payable, generating forms, correcting errors, and finalizing the process.
• The importance of understanding and correctly setting up payroll, specifically for third-party sick pay, which includes checking for correct exemptions and tax calculations.
• It's crucial to link local taxes in Aatrix for payroll tax W-2s

Full Video

1:07:14

2:40

Accounts Payable: Generating 1099 Preparation Reports

Learn how to run a 1099 preparation report in accounts payable, including options for vendors and fiscal entities.

1:59

Verifying and Correcting Data with Automated System

A step-by-step process of verifying and correcting data, including ID numbers, names, addresses, and zip codes, using an automated system.

1:33

Payroll Reports: Deposit Summary and W-2s

This text discusses the importance of running payroll reports, such as the deposit summary and W-2s, for tax preparation and verification purposes.

2:33

W-2 Processing and Review: Ensuring Accuracy and Completeness

Learn how to process and review W-2 forms, ensuring all necessary information is included and verifying accuracy for tax purposes.

1:52

Setting up Third-Party Sick Pay and Disability Wages in Payroll

Learn how to properly set up and configure third-party sick pay and disability wages in your payroll system, including tax exemptions and employee record settings.

1:56

Linking Local Taxes in Aatrix for Payroll Processing

A step-by-step guide on how to link local taxes in Aatrix for accurate payroll processing and generating W-2 forms.

1:07

Linking Local Taxes in Aatrix for Payroll Processing

Learn how to link local taxes in Aatrix for payroll processing, specifically for Pennsylvania locals and Montgomery County tax collection district number 46.

1:51

When to Download Taxes and Close Your Year

Learn the optimal timing for downloading taxes, closing your year, and handling year-to-date totals for proper financial management.

Related Resources

Slides

Sage 300 CRE Brunch Club December 2023