2017 Year End Tax Update Release for Sage Construction Solutions

Looking for the year end release information?  Assuming there will be no major Federal changes, here are the expected release dates....

  • Sage 100 Contractor v20.7 is expected on December 19, 2017
  • Sage 300 Construction and Real Estate v17.1 rev 6 expected December 19, 2017 (should be available in the Knowledge Base earlier on Dec 14)

Year end is an extremely busy time for support for any financial software company and hold times are longer than usual.  When this happens, Sage support turns on their call back feature. You leave a message with your contact information and your spot is held in queue.  Sage support will call you back, but will try one time and if you miss the call, you'll have to call back.  So stay near your phone.

Sage Support Phone Number (be sure to have your client ID ready): 800.866.8049

Sage Knowledgebase: https://support.na.sage.com

Training requests for Alliance Solutions Group consulting serviceswww.alliancesg.com/training-requests

Sage 100 Contractor Documentation on All Versions (including Year End information)
http://cdn.na.sage.com/docs/en/customer/100contractor/Documentation.htm

Sage 300 Construction & Real Estate Documentation on All Versions (including Year End information)
http://cdn.na.sage.com/docs/en/customer/300cre/Documentation.htm


Year-end Prep Study Halls for Sage 300 CRE Announced

View all the Sage 300 Construction and Real Estate study hall information here:
https://sagecity.na.sage.com/support_communities/sage_construction_and_real_estate/b/sage_cre_product_blog/posts/year-end-prep-join-us-for-sage-study-hall

Note, you must be a member of the group to participate.

Accounts Payable:

Sage Study Hall: Reconciling AP to GL and closing the year in AP for Sage 300 Construction and Real Estate hosted by Josh Gwalchmai | Monday, November 27, 2017 – 3pm ET

  •    Reconciling Accounts Payable to the General Ledger using Reports
  •    Closing the Accounts Payable year
  •    Closing the 1099 Accounts Payable year

General Ledger:

Sage Study Hall: Closing the Fiscal Year in Sage 300 Construction and Real Estate hosted by Jesse Gordon | Friday, December 1, 2017 – 1pm ET

  •   Timing of year-end tasks for U.S. and Canada
  •   How to close the fiscal year in General Ledger

Sage Study Hall: Troubleshooting financial balances and printing prior year reports in Sage 300 Construction and Real Estate hosted by Josh Gwalchmai | Monday, December 4, 2017 – 3pm ET

  •    Common Causes of out of balance financial statements
  •    Troubleshooting out of balance financial statements
  •    Printing financial statements for prior years

Sage Study Hall: Updating your Sage 300 Construction and Real Estate software for year end hosted by Raynette Grant | Thursday, December 7, 2017 – 1pm ET

  •    Supported versions for year end
  •    How to upgrade and apply the year end updates to close the year: year end update, Aatrix download, payroll tax download

Payroll:

Sage Study Hall: Closing the year in Payroll and installing the tax update in Sage 300 Construction and Real Estate hosted by Gaylene Willis | Friday, December 8, 2017 – 10am ET

  •    How to close the year in payroll
  •    How to download and install payroll tax updates
  •    Common year-end payroll issues

Sage Study Hall: Entering third-party sick pay in Sage 300 Construction and Real Estate hosted by Gaylene Willis | Thursday, December 14, 2017 – 10am ET

  •   How to add third party sick pay and disability wages in Payroll
  •   How to add long term third party sick pay and disability wages in Payroll
  •   How to enter third party sick pay when deductions are withheld

Sage Study Hall: Setting up W2 formats and adding local taxes in Sage 300 Construction and Real Estate hosted by Gaylene Willis | Friday, December 15, 2017 – 1pm ET

  •    How to set up W-2 formats
  •    How to set up a W-2 template
  •    What formulas are commonly used on a W-2

Sage Study Hall: Archiving employees in Sage 300 Construction and Real-Estate hosted by Jesse Gordon | Thursday, December 14, 2017 – 2pm ET

  •   How to archive Payroll data
  •   Running reports from your Payroll archive folder

Sage Study Hall: Setting up and entering bonus pay in Sage 300 Construction and Real Estate hosted by Jesse Gordon | Friday, December 15, 2017 - 4pm ET

  •   How to set up bonus pays or supplemental wages to be taxed at a specific rate in US Payroll
  •   How to gross up a payroll check so the employer pays the employee FICA taxes
  •   How to enter a bonus pay or second sequence check and have only taxes calculate

Courtesy Callback from Sage CRE Support

This is the busiest time of the year for accounting software support due to year end closings, tax updates, and more. the Sage Construction and Real Estate Division has extended their hours, added a "Call back option" so you don't have to remain on hold, and more.

  • Call back option: Leave your number and keep your place in line without being put on hold.
  • Appointment scheduling: Is your question going to require research and a call back? The new appointment scheduling option means you can now schedule follow-up appointments for a day and time that’s convenient for you.
  • Extended support hours: During this busiest time of year, Sage has extended the phone support hours beginning January 3, 2017, from 5 a.m. to 6 p.m. Pacific, and on Saturday January 7 and January 14 from 6 a.m. to 11 a.m. Pacific.
  • Improved knowledgebase searching: Sage software experts have been busy updating articles in the Sage Knowledgebase using the words customers search most often with—so now they’re easier to find. Pro tip: For best results, it's recommend using three to five keywords in your search request.
  • Year-End Center: It’s always here sooner than you expect . . . year end! To help you get through it, our year-end center on Sage City is chock-full of videos, articles, and forum threads to guide you through all your year-end questions.
  • "Study Hall" Webinars: There are a number of tasks you perform once a year when closing, and may need a refresher to complete with confidence. If you find you need more than a knowledgebase article but less than a class, these sessions may be perfect for you: Support agents host the new study hall sessions to take the complexity out of your Sage software experience, and to give you a proper product feature walkthrough. Missed the date? They're recorded so you can access and play back when it's convenient for you!

Sage Construction & Real Estate: Year-end updates for 2016

What Are My Resources for Year-End Procedures for
Sage 300 Construction & Real Estate and Sage 100 Contractor  (updated 11/2/2017)

You have multiple options for assistance with your year-end procedures. For an overview of the resources with informational links, filing deadlines, and supported software versions, please download:

What are My Resources for Year End 2016?

If you are interested in consulting services for your Payroll close or any other Sage tax reporting for year end, please be sure to schedule now with our consulting services team to guarantee timely assistance.

Sage City, the Sage Customer Portal and Knowledgebase, and your Sage Certified Consultants at Alliance Solutions Group are all great resources. Here's a brief overview of each.

Sage City
There are links for clients to find their year-end procedures and checklists in a single location for their Sage accounting software. There are also links here to take you directly to the Sage support knowledgebase for your product.

Sage Customer Portal and Knowledgebase
Log into the Sage Portal by using the following link.  Go to the knowledgebase to search specific year end questions to get helpful step by step instructions.
https://customers.sagenorthamerica.com/

Your Sage Certified Consultant at Alliance Solutions Group
Our consultants can work with you and your team to ensure that the critical path steps needed to successfully close your year are completed.  Most notably clients regularly schedule for one or more of the following:

  • Archiving Payroll and verifying 1099 balances
  • New Calendar Year preparation and archiving
  • Year-End software updates
  • Assistance with Payroll reporting and the Affordable Care Act
  • Prepare to automate previously manual processes such as vacation accruals, 401k, insurances, sick leave, and other benefits and deductions for payroll.
  • Reporting

For assistance from Alliance Solutions Group, please contact us at:
Toll Free:  888-559-9540 | Training requests: www.alliancesg.com/training-requests/


What Are My Resources for Year-End Procedures for Sage 100 Contractor and Sage 300 CRE?

Year-End Closing Procedures Resources for:
Sage 100 Contractor and Sage 300 Construction and Real Estate

Sage City

Sage North America (NA) has provided end users with a powerful social networking hub for Sage NA customers, merchants, partners, employees, and friends.  This site’s main purpose is to provide a single location for support, “how-to” articles as well as in depth studies and trends in the industry.

There are links for clients to find their year-end procedures and checklists in a single location for their Sage accounting software. There are also links here to take you directly to the Sage support knowledgebase for your product.

For Sage 100 Contractor
https://sagecity.na.sage.com/support_communities/sage_construction_and_real_estate/sage100contractor-yearend/

http://sage100contractorhelp.sagecre.com/documents/documents/19_7/US/Year-EndGuide.pdf

For Sage 300 Construction & Real Estate

http://sagecity.na.sage.com/support_communities/sage_construction_and_real_estate/sage300cre-yearend/

Sage Customer Portal and Knowledgebase

Log into the Sage Portal by using the following link.  Go to the knowledgebase to search specific year end questions to get helpful step by step instructions.
https://customers.sagenorthamerica.com/

Your Sage Certified Consultant at Alliance Solutions Group

Our consultants can work with you and your team to ensure that the critical path steps needed to successfully close your year are completed.  Most notably clients regularly schedule for mone or more of the following:

  • Archiving Payroll and verifying 1099 balances
  • New Calendar Year preparation and archiving
  • Year-End software updates
  • Assistance with Payroll reporting and the new Affordable Care Act
  • Prepare to automate previously manual processes such as vacation accruals, 401k, insurances, sick leave, and other benefits and deductions for payroll.
  • Reporting

payroll year-end workflow

 

accounts payable year-end workflow

 

Information posted by Colette Bashir, Director of Operations at Alliance Solutions Group, LLC.