Preparing Payroll for the New Year with Sage 100 Contractor

As the year draws to a close, businesses relying on Sage 100 Contractor face a crucial period of year-end updates and payroll processing. Properly closing out the year ensures compliance, accurate records, and a smooth start to the new year. However, the process can be time-consuming and complex. That’s where our expert Sage 100 Contractor Year-End Update and Payroll Closing Services come in.

Why Year-End Updates and Payroll Closing Matter

Year-end updates for Sage 100 Contractor are essential to remain compliant with the latest tax laws, government regulations, and software updates. Failing to update the software can result in incorrect tax calculations, compliance issues, and potential penalties. Additionally, closing payroll accurately is critical for maintaining precise financial records and ensuring employees receive their T-4s and other tax documents without errors.

Here’s what you’ll need to accomplish during year-end:

  • Update Sage 100 Contractor to the latest version to access new features and tax tables.
  • Close out the current year’s payroll.
  • Archive 2024 payroll data to maintain historical accuracy and compliance.

If these tasks feel daunting, don’t worry—we’re here to help.

What’s Included in Our Year-End Services

Our team specializes in providing comprehensive Sage 100 Contractor support. With years of experience, we understand the intricacies of year-end processes. Here’s how we can help:

  1. Software Update: We’ll ensure your Sage 100 Contractor software is updated to the latest version, complete with the newest tax tables and regulatory updates.
  2. Database Management: Our services include updating up to four databases to ensure all your company’s financial and operational data aligns with the latest software version.
  3. Payroll Calculation Assistance: We’ll verify and correct payroll calculations for accuracy before closing.
  4. Year-End Closing and Archiving: After payroll calculations are complete, we’ll close and archive your 2024 payroll data. This process is vital for keeping historical records intact while freeing up system resources for the new year.

Why Choose Us?

1. Expertise: We’ve been helping Sage 100 Contractor clients for over a decade, offering tailored solutions that meet unique business needs.

2. Accuracy: Mistakes during year-end processes can have lasting repercussions.

3. Time-Saving: By letting us handle these tasks, you can focus on running your business while we manage the technical details.

4. Peace of Mind: With our team managing your year-end updates and payroll closing, you can rest assured that your financial data is accurate and compliant.

Get Started Today

Don’t let year-end processes overwhelm you. With our Sage 100 Contractor Year-End Update and Payroll Closing Services, you can start the new year with confidence. Contact us today to schedule your service and let our experts handle the heavy lifting, so you can focus on what matters most—growing your business.