
Features
Tips Processing Reporting Paymaster V8 Detailed Features Tax Returns & Reporting |
True Multi-State Reporting Tax Tables General Ledger Data Collection Pinpoint Calculations |
Automatically handles:
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credit card charge backs
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tip allocation by hours or receipts
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tip credit on regular and overtime hours
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business tax credit on tips
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pinpoint calculations of up to three decimal points
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tax tables available for all state and local governments
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provides for unlimited additional income types and miscellaneous
deductions -
check printing for all types of printers in single or batch
mode -
makes adjustments such as voiding checks or running select
checks while automatically updating all files
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prepares tax returns and reports in the required formats (hard
copy, scannable or MagMedia) -
maintains detailed records, unlimited check history and a complete
audit trail -
accommodates and tracks both organizational structures and
multiple cost centers -
general ledger interface with accrual figures for reversing
entries
Paymaster V8 Detailed Features
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Prints reports for tax credit for FICA taxes on tips.
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Prints 941, 940, Federal Tax Deposits.
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Prints W-2s, state unemployment reports on plain paper.
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Allows review of W-2s before year-end or before printing.
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Supports Mag Media, scannable reports and special formats.
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Computes obligations and deductions based on wages, hours,
or calendar weeks. -
Accommodates employees who work in more that one state, e.g.
SUTA. -
Accommodates employees who move from one state to another,
e.g. withholding. -
Automatically assigns correct state ID to Mag Media and paper
W-2s. -
Prints quarterly reports and allows adjustments for current
or previous quarter. -
Captures and reports workers’ compensation information by category.
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Reconciles actual to calculated OASDI, Medicare, and SDI.
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Prints form 8027 — Annual Information Return of Tip Income
and Allocated Tips.
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Includes federal tax tables and state/local tax tables
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Makes available revised tax tables as often as the federal/state
tax laws change. -
When changes occur the they are included in AutoUpdate. Can also be defined/changed by the user.
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Prints payroll transaction report. Prepares file to be brought
into CharterHouse and selected other General Ledger programs -
Supports expense allocations by department.
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Breaks out direct and indirect labor.
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Supports data collection through time clocks, smart cash registers,
and batch manual entry with hash totals for data verifications.
Interfaces available at additional cost for: Digital Dining,
EAS, Kronos, Micros 2700, Micros 4700, NCR 22160, SDA and more. -
Exports to a spreadsheet.
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Prepares time cards and address labels.
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Calculates rates up to three decimal places.
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Allows use of default earnings rate, per employee, for many
positions, additional incomes and deductions, plus vacation/holiday
and sick. -
Features automatic pay option for salaried employees.
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Allows weekly, biweekly, semi-monthly or monthly pay period
by employee, with option to change for individuals during processing. -
Supports many pay rates per employee.
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Supports piece rates, commissions, bonuses, travel time, and
shift differential. -
Handles reported cash and charge tips, tip credit, and tip
allocation. -
Handles fringe benefits.
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Calculates 401(k) tax requirements per state.
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Accrues vacation and sick leave by the pay period or hour and
tracks it as used. -
Recalculates overtime pay rate as you give non-discretionary
bonus or commission. -
Allows different cost centers to be processed separately or
together. -
Calculates workers’ compensation report.