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Sage MAS 90, MAS 200 and MAS 500
Communicator
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Vol. 9
l Issue 4
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December 2008
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Period-end Processing
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Sage MAS 90 and Sage MAS 200 period-end processing is a
vitally important step in keeping your data healthy. Many modules
maintain buckets of data by year (year-to-date, prior-year, etc.). The
order in which modules are closed is very important.
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Year-end Payroll Information
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1099 Notice for Sage MAS 90 and
MAS 200 Users
When filing 1099 forms for individuals (any vendor with a Fed ID number
being a social security number), the government requires that you list
the individual's name first and then "dba company name." In
MAS 90 you need to make sure the individual's name is typed in the
Vendor Name field and the "dba company name" is listed in the
address fields. For example:
Vendor Name - John Smith
Address Field 1 - dba Smith Plowing
Address Field 2 - 123 Sesame Street
Clients who have not followed these guidelines have
received notices from the IRS requesting the appropriate changes be
made.
Wisconsin Unemployment - UCT-101
change for 2008
- Beginning
with quarter ending September 30, 2008, Wisconsin Unemployment
lowered the threshold for filing quarterly unemployment reports
magnetically or electronically to employers with 25 or more
employees.
- Beginning
with quarter ending September 30, 2008, Wisconsin Unemployment
returns and applicable tax payments must be received
by the State by the due date, not just postmarked.
NEW
2008 Wisconsin W-2 Account Number Change
Starting with the 2008 filing season, Wisconsin will require the
15-digit ITS account number instead of the 7-digit number. The 15-digit
withholding tax account number is listed on the Business Tax Registration
Certificate. It begins with "036," followed by the 10-digit
account number, and then a 2-digit number. Make sure to enter the
15-digit account number into MAS 90 or MAS 200 Payroll/Setup/Tax Table
Maintenance for the State of Wisconsin before printing your W-2s. NOTE:
Enter the 15-digit number without the dashes. The Wisconsin
Department of Revenue requires the W-2's have the ID number printed
without the dashes.
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Important Reminder: Steps to Complete Prior to Payroll
Year-end Processing
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1. Enter taxable fringe benefits, including:
- Group Term Life > $50,000
- Personal Use of Auto
- Amounts taxable under an
unaccountable expense reimbursement plan
2. Check
that no employee has exceeded the 401(k) limits ($15,500 for employees
under 50 and $20,500 for employees 50 and over for 2008)
3. Test
Social Security taxes withheld for a few employees over the FICA limit.
($102,000 for 2008)
Do
not install tax table updates prior to running W-2s, even if you have
to enter payroll for 2009 prior to W2 printing.
After
final payroll is run:
For
MAS 90 or MAS 200: Use Copy feature in Company Maintenance (4.x) to
copy current payroll data to a backup company for future reference (see
Tips 'N Tricks for details). Contact Jenny Searl at 920-996-1202
for instructions.
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Year End Program Change
Availability:
The following MAS 90 and MAS 200 Interim Release
Downloads (program changes) and 2009 Tax Table Updates are expected to
be available on the Sage Software Online website in late
December. Sage has not yet announced what changes will be made in
this year's Interim Release Download. Jenny Searl will be
emailing the program changes out to all clients once they become
available.
2008 Interim
Release Downloads
- Install before W-2 and 1099
forms have been created for 2008
- V 3.71, V 4.0, V 4.05 and V
4.1 will be available via Sage Online Services
Q1
2009 Tax Table Updates
- Install after W-2 forms have
been created and prior to first payroll run for 2009
- V 3.71, V 4.0, V 4.05 and V
4.1 will be available via Sage Online Services
NOTE:
Your Schenck Technology Consultant will bring these program updates
with them when onsite to assist with running W-2's and closing the
year.
Getting
Logged onto Sage Software Online:
To download Tax Table Updates from Sage Online Support website go to www.sagesoftwareonline.com.
Log in to Sage Online, then click on "Support" and "MAS 90
and MAS 200" under the Support Options and Resources
section. Then select "Tax Table Updates" under the
Download section. If you do not already have a user name,
you'll need to select Register Now. You must have a current
maintenance plan to access the Sage Online website. Please call
Jenny Searl if you have trouble registering for a Sage Online login.
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Taxable Fringe Benefits
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The Internal Revenue Service continues to look closely
at fringe benefits provided to LLC members, partners in partnerships
and employees. In particular, they are looking at tax return
preparation fees for LLC members, partners and employees. When paid by
the partnership or LLC, tax return preparation fees are a taxable
fringe benefit if paid on behalf of an employee (a non-owner). It
should be included on the individual W-2, subject to FICA, federal and
state withholding.
To read more about Taxable Fringe Benefits, Click Here.
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Economic Stimulus Package
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The economic stimulus bill recently passed by the US
Congress and signed by President Bush includes a provision that should
encourage many customers and prospects to consider purchasing Sage
products in 2008.
The Economic Stimulus Act of 2008 provides a "bonus
depreciation" allowance for certain property acquired during 2008,
including computer software.
To learn more about the Economic Stimulus Package, click here.
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Is Your Hardware Compatable?
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Don't forget to check the latest Support Platform Matrix
for potential compatibility issues before making any changes or
upgrades to your computer/server hardware. You can get the latest
Matrix by selecting one of the following links:
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Tips & Tricks: Sage MAS 90 and MAS 200
Backing Up Company Information
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MAS 90 has a built-in program to assist with the copying
of company data to another company within MAS 90. This is especially
helpful at quarter-end for copying payroll and for copying all modules
at year-end to a "history" company before performing the
quarter-end and year-end processing. Learn how to back up company
data in Version 4.x.
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Tips & Tricks: Sage MAS 500
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In MAS 500, it is often helpful to have a test database
containing your exact data to run "what if" scenarios. Test
databases are often used to test major upgrades before launching them
company-wide or to test a new module or business process in a
controlled environment.
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Schenck Holiday Schedule
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Schenck Business Solutions offices will be closed for
the holidays on Wednesday, December 24, 2008 (noon - 5pm), Thursday,
December 25, 2008, and Thursday, January 1, 2009.
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Schenck Technology
Solutions Welcomes New Clients
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Several companies have recently joined the Schenck
Technology Solutions client base and we would like to take this
opportunity to welcome them. We look forward to working with the
following:
Sage MAS 90
- QLC,
Inc (Hartland)
- Redco
Foodservice Equipment LLC (Wauwatosa)
- Wisconsin
Engraving Co Inc (New Berlin)
We
would also like to take this opportunity to thank the other 190-plus
clients we have been doing business with over the years. We appreciate
your support!
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Fall Promotions
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Promotions remain in effect until close of business on
Wednesday, December 31, 2008 unless otherwise stated. Promotions do not
apply to maintenance or support.
To take advantage of any of these great specials, please contact Tom Maurer
at 800-236-2246.
MAS
90 & MAS 200 - Last Chance
NEW User Promotion Announced for MAS 90 & MAS 200
Customers!
- Buy 2 users
& Get 1 user FREE
- Buy 15
users & Get 10 users FREE
Details:
- Customer
must own at least 5 users or more
- Does NOT
apply to Extended Enterprise Suite (EES)
- Does NOT
apply to previously placed orders
- Offer
expires December 31, 2008
Enroll in Sage Payment Solutions and save $1,435 on the
Sage MAS 90 and 200 Cash Flow bundle
In today's economy, it is crucial for businesses to take
measures to improve and promote healthy cash flow. For a limited time only,
Sage MAS 90 and 200 customers who enroll in Sage Payment Solutions will be
eligible to have the cost of the Credit Card Processing module waived - a
savings of $1,100 (excluding subscription cost)! Plus, Sage MAS 90
and 200 customers who participate in this promotion are also eligible to
receive Business Alerts for only $895 (excluding subscription cost) - a
savings of over $335! Now is the time to take advantage of this great
offer. To be eligible to receive the promotional pricing on Business
Alerts, customers must participate in the full bundle.
Save big on the
Sage MAS 90 and 200 Manufacturing bundle!
Complete your manufacturing solution. For a limited time only, Sage MAS
90 and 200 customers have the option to build their personalized
manufacturing solution suite and save big when they purchase more than one
of the following modules:
Available Modules Bundle Pricing: Materials Resource Planning, Bill of
Materials, Work Order, Purchase Order, Job Cost or Workflow & Reporting
by Sage KnowledgeSync
· Buy 2 modules: $2,450
· Buy 3 modules: $3,500
· Buy 4 modules: $4,300
· Buy 5 modules: $4,900
· Buy the entire solution for only $5,250 - over 40% savings!
Note: Standard maintenance not included in the above listed module cost.
MAS
500
Purchase any one offering from a Sage
MAS 500 module promo pack and save 20% on any of the other modules within
that pack. The four available promo packs include: Manufacturing,
Distribution, Services, Business Productivity
Sage MAS 500 customers who purchase any one offering in the
following module promo packs will save 20% when they buy any other modules
within that pack (modules must be purchased via one transaction at the time
of order to be eligible for the savings). Customers who already own one of
the modules in the promo pack automatically qualify to receive the 20%
discount on any other modules in that pack.
1. Inventory
Management
2. Advanced
Manufacturing OR Light Manufacturing
3. Material
Requirements Planning
4. Shop
Floor Control
5. Business
Alerts
6. Process
Manufacturing -Escape Velocity Systems - 02 Process Manufacturing
7. Service
Management -Single Source Systems, Inc. - SM Plus
Services
1. Project
Accounting
2. Sage
TimeSheet - MAS 500 Edition
3. Active
Planner
4. Business
Alerts
5. Service
Management -Single Source Systems, Inc. - SM Plus
Distribution
1. Inventory
Management
2. Warehouse
Management
3. Warehouse
Automation
4. Advanced
Kitting
5. StarShip
6. Integrated
Document Management - Altec, Inc. - doc-link™
7. Workflow
and Reporting -Vineyardsoft - Sage KnowledgeSync
Business Productivity
1. Active
Planner
2. Allocations
3. Fixed
Asset Accounting
4. Business
Alerts
5. Sage
TimeSheet - MAS 500 Edition
6. Receivables
Management - Transition 1™ - Collection Manager™
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