CertPay automates the reporting requirements of the Davis-Bacon Act, that requires construction contractors and subcontractors working on any project where federal funds are used for payment of part or all of the project’s costs to file a weekly payroll report. This report must certify that each labor payment within each labor classification either equals or exceeds “local prevailing wages” as determined by the U.S. Department of Labor.
Direct Deposit works seamlessly with your Peachtree program to completely automate direct deposit service for your employees. Direct Deposit formats payroll to National Automated Clearing House Standards (“NACHA” or “ACH”), whose member banks accept and process direct deposit payrolls. Direct Deposit saves time and helps modernize payroll operations by allowing deposits to occur automatically while requiring little or no interaction. Most importantly, Direct Deposit is a one-time cost with no continuing non-bank fees.
All ibrain electronic programs operate much the same way. The program goes into the accounting software, extracts annual or quarterly data as needed, reformats the data to meet the respective format requirements of the reporting agencies. The final result is a report ready to electronically file.
Social Security Administration and many states require that employers with 250 or more "W-2 employees" file the annual W-2/W-3 report electronically via the Internet to a secure Web site. e File W-2/W-3 creates these reports. Because of the ease of report creation there are also "Lite" versions for employers with less than 250 "W-2 employees", with pricing based on the number of employees.
Internal Revenue Service requires businesses with more than 250 1099-MISC vendors to file the annual 1099-MISC reports electronically via the Internet to an IRS secure Web site. e File 1099-MISC creates this report. The following 1099-MISC fields can be reported: Rents, Royalties, Other Income, Fishing Boat Proceeds, Medical and Health Care Payments, Nonemployee Compensation, Substitute Payments in lieu of Dividends or Interest, Payer made direct sales of $5,000 or more of consumer products to a buyer (recipient) for resale, Crop Insurance Proceeds, Excess Golden Parachute Payments, and Gross Proceeds paid to an Attorney. Peachtree does not report Federal Income Tax Withheld. Because of the ease of report creation there are also "Lite" versions for employers with less than 250 1099-MISC type vendors, with pricing based on the number of employees.
CA DE 9C is a quarterly report that contains elements of a typical state W-2 report and a typical state unemployment tax report. California mirrors the SSA reporting threshold for filing the report electronically via the Internet to a California Employer Developmet Department secure Web site. e File CA DE 9C creates the report. Because of the ease of report creation there are also "Lite" versions for employers with less than the threshold number of employees, with pricing based on the number of employees.
More and more states are requiring that many employers file their quarterly unemployment tax return electronically. e File SUTA creates the required report file filing electronically via the Internet to the appropriate state agency. Because of the ease of report creation there are also "Lite" versions for employers with less than the threshold number of employees, with pricing based on the number of employees.
Peachtree 2012 will be released soon! Contact us for more information at 800-322-4650 or 919-981-0505.
Peachtree's 2012 Accounting Line lets you chose between the Pro® version; a helpful entry-level solution that allows you to easily automate your accounting with confidence, the Complete® version; an advanced business management tool that provides the valuable insight necessary to make more effective business decisions, and the Premium® version; a comprehensive business management tool for business owners who need the advanced tools and insight necessary to manage their growing businesses...
iBrain, Inc. provides the full range of checks and business forms, including laser or continuous checks, MICR imprinted or blank check stock. You will love the friendly service, unbeatable prices and range of style possibilities.
There are over one million businesses using Peachtree and each one is unique. There is no accounting program currently on the market that satisfies all of the needs of all of these businesses. Each is faced with either making its business conform to the limitations of its accounting program or somehow make its accounting program conform to its business needs. Wizard can solve this dilemma by enhancing the functionality or reporting capability of Peachtree to meet your business needs.