Search found 11 matches

by first134
Thu Apr 21, 2022 10:03 am
Forum: Accounting
Topic: 941 First Quarter Tax Report
Replies: 1
Views: 319

941 First Quarter Tax Report

I am not able to change the date on my first quarter 941 Tax Report Form from 2021 to 2022. I have followed the suggested problems but don't seem to be able to get anything to work. HELP!!!
by first134
Thu Mar 11, 2021 10:28 am
Forum: Accounting
Topic: Care Act PPP Loan Forgiveness
Replies: 2
Views: 562

Care Act PPP Loan Forgiveness

Our Care Act PPP Loan has been forgiven. How do I clear out our Care Act Loan Liability line item? I initially set it up as a DB to our checking account and a CR to the Care Act Liability line.
by first134
Tue Apr 21, 2020 9:37 am
Forum: Accounting
Topic: CARES Paycheck Protection Program loan, optimal setup in PC+
Replies: 4
Views: 1038

Re: CARES Paycheck Protection Program loan, optimal setup in PC+

Yes! Thank you! Our bank is requiring we show a monthly report of how much and where the CARES money went. This should do it!
by first134
Mon Apr 20, 2020 12:09 pm
Forum: Accounting
Topic: CARES Paycheck Protection Program loan, optimal setup in PC+
Replies: 4
Views: 1038

Re: CARES Paycheck Protection Program loan, optimal setup in PC+

I understand the need to set up our CARES PPP loan as a liability. My question is simply this: When I get ready to process payroll at the end of the month, what do I need to do differently to show our payroll is being paid from that liability line item and to make sure payroll processes properly to ...
by first134
Fri Feb 21, 2020 10:23 am
Forum: Accounting
Topic: Changing Fixed Account Dollar Amounts
Replies: 4
Views: 424

Re: Changing Fixed Account Dollar Amounts

Thank you!! This definitely worked. I appreciate your help and patience.
by first134
Thu Feb 20, 2020 11:50 am
Forum: Accounting
Topic: Changing Fixed Account Dollar Amounts
Replies: 4
Views: 424

Re: Changing Fixed Account Dollar Amounts

We have had our building and land reassessed and the dollar amount has changed. The value of the building and the land show on our Balance Sheet report under Assets-Fixed Assets. I am having trouble finding how to update those dollar amounts. I have tried following the normal protocol to Maintain L...
by first134
Wed Feb 19, 2020 9:58 am
Forum: Accounting
Topic: Changing Fixed Account Dollar Amounts
Replies: 4
Views: 424

Changing Fixed Account Dollar Amounts

We have had our building and land reassessed and the dollar amount has changed. The value of the building and the land show on our Balance Sheet report under Assets-Fixed Assets. I am having trouble finding how to update those dollar amounts. I have tried following the normal protocol to Maintain Li...
by first134
Wed Mar 21, 2018 10:48 am
Forum: Maintenance Releases
Topic: Version 12 - 03/20/2018 Maintenance Release
Replies: 3
Views: 979

Re: Version 12 - 03/20/2018 Maintenance Release

Will this newest Maintenance Release be sent for other versions besides Version 12? I have 11.5 and need the update before I process payroll. Thanks!!
by first134
Fri Mar 16, 2018 12:37 pm
Forum: Accounting
Topic: Missouri W-4 Allowances for 2018
Replies: 2
Views: 270

Missouri W-4 Allowances for 2018

I have just received the new Missouri Tax Tables for 2018. They have eliminated W-4 Allowances which poses a problem when I go into my State Tax Tables to update in Powerchurch. I can put in the new Standard Deduction amount but the next two lines ask for first allowance and each additional allowanc...
by first134
Mon Jan 08, 2018 12:05 pm
Forum: Accounting
Topic: 2018 IRS Social Security & Medicare Witholdings
Replies: 3
Views: 330

Re: 2018 IRS Social Security & Medicare Witholdings

I have to process bi-monthly payroll next week and have not been able to find the new 2018 Federal Social Security and Medicare withholding rates on the IRS website. Does anyone have them or know where to look? Thanks! Nothing has changed as far as SS and Medicare. The only changes are in the Feder...
by first134
Mon Jan 08, 2018 11:42 am
Forum: Accounting
Topic: 2018 IRS Social Security & Medicare Witholdings
Replies: 3
Views: 330

2018 IRS Social Security & Medicare Witholdings

I have to process bi-monthly payroll next week and have not been able to find the new 2018 Federal Social Security and Medicare withholding rates on the IRS website. Does anyone have them or know where to look? Thanks!