Search found 6 matches

by bmrouse
Wed Jan 15, 2025 9:58 am
Forum: Accounting
Topic: 2025 Percentage Method Tables for automated Payroll discrepancy
Replies: 4
Views: 4383

2025 Percentage Method Tables for automated Payroll discrepancy

When updating our 2025 federal withholding tax tables, I noticed an anomaly affecting only Single or Married Filing Separately (W-4 2020+, step 2 box checked). Powerchurch reports a different tentative withholding amount from amount in IRS 15-T. I tried to add a new tax table to see if the original ...
by bmrouse
Thu Jan 23, 2020 12:16 pm
Forum: Accounting
Topic: Federal Withholding tax tables 2020
Replies: 2
Views: 669

Federal Withholding tax tables 2020

With the new W-4 requirements in 2020 for new hires, should I create new tax tables for new hires who check w-4, box 2 (i.e., federal: single, federal: married/jointly) in payroll module with the updated rate schedule? Or will my old federal tax tables suffice, assuming updated to 2020 STANDARD with...
by bmrouse
Tue Dec 12, 2017 11:52 am
Forum: Accounting
Topic: RE: Payroll
Replies: 1
Views: 508

RE: Payroll

Problem: We use PowerChurch payroll to track employee payroll data in addition to using Heartland Payroll processing for processing payments. (I know this is redundant--we use the payroll module to create/post the payroll journal entries.) Our last payroll cycle pay release was 12/01/17. We set chec...
by bmrouse
Wed Sep 27, 2017 12:23 pm
Forum: Accounting
Topic: Credit Card refund and monthly payment
Replies: 2
Views: 1166

Re: Credit Card refund and monthly payment

Exactly what I needed!
by bmrouse
Wed Sep 27, 2017 10:44 am
Forum: Accounting
Topic: Credit Card refund and monthly payment
Replies: 2
Views: 1166

Credit Card refund and monthly payment

At a wall... Anyone have any input on how I would post this transaction: I need to make a monthly credit card payment ($100.00). We pay this credit card balance off each month. This store credit card is set as a vendor and not a liability account. We use fund 01, 02, & 03 for different ministry depa...