Sage MAS 90 and 200 Year End Updates

It’s almost that time of year again!  The Sage MAS 90 and 200 Quarter 1 2011 Tax Table Update (TTU) and Interim Release Download (IRD) are expected to be released after December 17, 2010.  In addition, Sage will update the TTU as necessary through January 2011 with IRS-mandated changes, if any.  All of the program changes in the IRD will also be included in the Version 4.4 Product Update 4 and the Version 4.3 Service Update 21.  These two updates are expected to be available the week of December 27, 2010.  Please note, if you install Product Update 4 or Service Update 21 instead of the IRD you will also need to install the Quarter 1 2011 Tax Table Update before processing your first payroll for 2011.

Below are some tips to Frequently Asked Questions:

1. Do I need to download the 2010 Interim Release Download (IRD):  The IRD is required for if you process 1099’s and use the 1099-INT or 1099-DIV form.  There are no changes to the Form 1099-MISC.   The IRD is required for Payroll customers running Versions 3.73, 3.74, 4.0, 4.05, 4.1, 4.2, 4.3 and 4.4.  The IRD is required for customers who are using Electronic Reporting for 1099 or W-2 filings.
2. Do I need to download the 2010 IRD if I’m using the Federal and State eFilingand Reporting feature:  You will still need to apply the IRD if you choose to use Sage ERP MAS 90 and 200Federal and State eFiling and Reporting.
3. I used the Magnetic Media module in previous years.  Are there any changes?:  Yes.  The Social Security Administration (SSA) will not accept W-2 information from employers on any type of magnetic media. Instead, they require electronic filing of W-2 information.  Sage MAS 90 or 200 versions 4.0, 4.05, and 4.10, and Sage MAS 200 for SQL versions 3.73 and 3.74 Magnetic Media module and SageERP MAS 90 and 200 versions 4.2, 4.3 and 4.4 Electronic Reporting module will allow you to create a MMREF-1 (EFW2) format file for uploading to the SSA’swebsite (www.ssa.gov/employer).  The MMREF-1 file is formatted to the SSA’s Electronic Filing and Magnetic Media Reporting specifications provided the applicable IRD has been downloaded and properly installed on your system.  Some states may still accept magnetic media filings; please check the informationyour state has provided to you for their policies.  If your state accepts magnetic media filings and uses the Federal MMREF-1 format, you can use the Electronic Reporting module to create the media for your state filing.
4. I’m supposed to electronically file my W-2s in the EFW2 format, so why does Sage ERP MAS 90 and 200 show a MMREF-1 format?  The Social Security Administration has replaced all references to MMREF-1with a new acronym “EFW2”.  There is no need for concern, because even though your Sage ERP MAS 90 and 200 software will still reflect the historical MMREF-1 acronym, the file format is the same as EFW2 and will be accepted by the Social Security Administration.
5. For companies who must print 1099 forms, what are the changes this year?  There are no new changes to 1099-MISC Form reporting in 2010.  Form1099 –DIV has form alignment changes for versions 4.20, 4.30, 4.40 and 4.45. With Form 1099-INT, a new box, Box 10, has been added to the forms and will be available in Vendor Maintenance in the grid to enter the CUSIP number.
6. I have an Extended Solutions enhancement. Will I need to update it after installing the 2010 IRD?  If you own a Sage ERP MAS 90 or 200 Extended Solutions title you may need to update it because of 2010 year-end changes.   Please contact Aries to review which Extended Solutions titles may need to be updated after installing the IRD.
7. Does the IRD contain changes to Payroll to support the Qualified Employee reporting as allowed by the HIRE Act?  Yes.  Customers running one of the supported versions of Payroll must have previously installed the Q2 2010 Payroll Update before installing the 2010 Year End IRD.  The Year End IRD includes additional changes to report Code CC in Box 12.  A 2010 W-2 HIRE Act Instruction Document will be displayed at the end of the installation of the IRD.

Please feel free to contact us with any questions!