Sage MAS 90/200 Newsletter – Volume 11 – Issue 6
Headline News
Sage is conducting informative Sage ERP MAS 90 and 200 Version 4.5 release webcasts throughout the fall. The webcasts allow you to see the software in action and hear about the many features and enhancements directly from the experts at Sage. For the schedule of webcasts and to register Click here.
Payroll can be time consuming and complicated with the ever-increasing intricacies of taxation and employment legislation. Sage ERP MAS 90 Version 4.5 contains workflow improvements and a significant number of features designed to help you handle the complexities of deductions and accruals more effectively.
New Version 4.5 Payroll functionality offers more flexibility, streamlines the data entry process, and provides more consistent and accurate calculations for deductions. Five additional deduction calculation methods are added, along with the ability to automatically perform deduction recalculations and set deductions based on earnings type. You also will find it easier to import from commonly used time management software and will be able to establish a minimum number of hours worked for benefit accruals. Let’s learn more.
Five new deduction calculation methods have been added in Version 4.5, many of which support the calculations needed for union deductions and dues.
In Version 4.5 Payroll Data Entry the workflow is improved to automate deduction calculations based on changes in the earnings line. You will be able to recalculate the deduction automatically, while still in data entry, instead of deleting the information and reentering. This will save you valuable data entry time.
Deduction Calculations Based On Earnings TypeAnother new feature related to deductions will enable you to use payroll deduction codes according to a specified earnings type in order to calculate based on Percent of Gross or Total Hours Worked. This allows an employer to calculate benefits such as a Pension Plan and 401K contributions based on specific earnings such as regular, sick, and vacation earnings, and not on others, such as overtime. A new Earnings button now is available in Version 4.5 Deduction Code Maintenance to allow the selection of specific types of Earnings to be used for deduction calculations.
Visual Integrator is enhanced in Version 4.5 to support the import of data into Payroll Data Entry from some of the more commonly used labor management and time tracking systems. This enhancement will be particularly useful when performing multiple data imports for regular, vacation, and sick time. File layouts and sample imports are included for the five most popular data import formats. Sample imports will be included for:
With the release of Sage ERP MAS 90 Version 4.5, you will be able to calculate benefit accruals based on hours worked, which can be used to support salaried employees, union employees, and part-time employees. The new functionality will use a code assigned to each employee to compare the Minimum Hours Required for Benefit Accrual with the hours worked. If the conditions you set are not achieved the accrual will not occur.
The Payroll enhancements are only one component of the Version 4.5 release of Sage ERP MAS 90 and 200; this release includes new capabilities across the system. Give us a call with your questions 305-556-4697.
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