Payroll and Direct Deposit

Features

• 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.

• Caluclates 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 reconcilliation.

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.