Quarter End / Year End 2010

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Quarter End / Year End 2010. QE/YE Checklist Review. Quarter End / Year End Calendar. Quarter End / Year End Calendar. Newsletters. Verify QE/YE Method. Sample company. Verify QE/YE Contact. Sample company. Verify Client Status. Client Company List Report (Status). - PowerPoint PPT Presentation

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Quarter End / Year End 2010QE/YE Checklist ReviewPre QE/YEPrepare Pre and post QE/YE CalendarNewsletterOrder suppliesUpdate hold categoriesVerify QE/YE method and contact with each client Verify hold lists and client statuses are completeRun report (clients not processed in 30 days and Company client list report)Last processing day of the month- verify all changes are completePost QE/YEYE- Run the 4th Quarter Year End Adjustment calc utilityRe number UCI checksBegin client database QE/YE calculation-preparation (Create)Export client lists (By hold or group) for trackingBegin print sequence (verify report selection)(Print-Process)YE W-2 Create / Print / PostConduct quality control inspection of QE/YE packagesBegin packing processPost Paperless clients Begin shipping processConduct a re-print process if neededBegin e-tax QE/YE database calculation-preparationPrint e-tax returns Re-prints beyond this point need to have both client and e-tax re-calculated and printedShip 941's /940's to IRS by the last day of the monthYE W-2's due to SS by end of March if electronic (End of Feb for Paper)Re-run report for clients who have not processed in 30 daysHELPFUL LINKShttp://support.execupay.com/ics/support/default.asp?deptID=2883http://support.execupay.com/ics/support/KBList.asp?folderID=31http://support.execupay.com/ics/support/KBList.asp?folderID=42Quarter End / Year End Calendar

Quarter End / Year End Calendar

Newsletters

Verify QE/YE Method

Sample companyVerify QE/YE Contact

Sample companyVerify Client Status

Client Company List Report (Status)

Verify Client Hold Lists

Sponge Bobs FurnitureRun 4th Quarter Year End Adjustment Calc Utility

New step for 4th Quarter QEND: 4th Quarter 940 Year End Adjustment Calc UtilityThis utility, adds an adjustment amount to the 4th quarter payment for FUI if applicable and should be run prior to any QEND printingCase 1: Penny adjustments due to YTD liability vs. per quarter payments (Rounding)Case 2: States with Credit Reduction Penalty In Place (for 2004/2005 that wasNew York)Case 3: Other situations where a client might not be allowed to take the full 5.4% credit (sui exempt ee but FUI taxable)Re-Number UCI Checks

Client Database QE/YE Calculation-Preparation

Client Database QE/YE Calculation-Preparation

Client Database QE/YE Calculation-Preparation

Export Clients Created List For Tracking

Client Database QE/YE Printing

Client Database QE/YE Printing

Client Database QE/YE Printing

YE W-2 Create (If W-2s Are Created Separately)

*Be sure to choose to create both paper type reports and paperlessSeparate W-2 Create / PrintYE W-2 Create (Who)

YE W-2 Create (Execute)

*Be sure to complete a quality control check of W-2s prior to completing the print/post stepsYE W-2 Print / Post (What)

YE W-2 Print / Post (Who)

YE W-2 Print / Post (Execute)

QE / YE StepsConduct quality control inspection of QE/YE packagesBegin packing processPost Paperless clientsBegin shipping processConduct a re-print process if neededPrepare the e-Tax Packagee-tax QE/YE Database Calculation-Preparation

e-tax QE/YE Database Calculation-Preparation

e-tax QE/YE Database Calculation-Preparation

Finishing QE/YERe-prints beyond this point need to have both client and e-tax re-calculated and printedShip 941's /940's to IRS by the last day of the monthYE W-2's due to SS by end of March if electronic (End of Feb for Paper)Re-run report for clients who have not processed in 30 daysQUESTIONS