Payroll - Third Party Sick Pay Entry

Yahoo Archive
1
Gotcha! So an employee that has ANY sick pay receives 2 W-2s - one from
you and one from your TPA.



Thanks!



Rick Ludwig



-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Matt Finn
Sent: Friday, May 27, 2005 2:20 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Payroll - Third Party Sick Pay Entry


I think you might be.....the subject said third party sick pay. We use
Vantage payroll......we 'force' the third party sick pay provider to
handle
the W-2's.....didn't cost anything extra and life is simple!

Matt

-----Original Message-----
From: Ludwig, Rick [mailto:RickL@...]
Sent: Friday, May 27, 2005 2:11 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Payroll - Third Party Sick Pay Entry

Matt-

Maybe I'm misreading your post - you are talking about what you do with
your third party payroll processor - correct? I have no problem as to
how ADP does it now; however, I don't see how this same thing can be
done using the Vantage Payroll module when we live 7/1.

Thanks!



Rick Ludwig



-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Matt Finn
Sent: Friday, May 27, 2005 1:55 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Payroll - Third Party Sick Pay Entry


Rick.....I feel your pain. What I did was 'force' the provider to
handle
the W-2's that way they also paid the employer portion and billed us for
it
on the next month's bill. Prior to that it was a manual add on to each
weekly PR deposit and the W-2's ouch!!

Matt

-----Original Message-----
From: Ludwig, Rick [mailto:RickL@...]
Sent: Friday, May 27, 2005 12:51 PM
To: Vantage@yahoogroups.com
Subject: [Vantage] Payroll - Third Party Sick Pay Entry

For those of you using the Payroll module...

We are in the testing stages of implementing the payroll module and have
come across a problem/question - how do you enter third party sick pay
into the system?

We currently use ADP and we enter a manual check/then void it (I think!)
- and it comes across on the ADP report as an "Adjustment Void". In
essence, we are manually adding taxable wages and showing the deduction
of FIT/FICA as withheld by our TPA, and in turn, the employer FICA is
calculated/paid. As a result of this "Adjustment Void", the employee's
W-2 properly reflects the amount of taxable earnings/taxes withheld at
year-end. I have been working with Vantage support and haven't gotten
anywhere so far (a second support person is investigating). I
understand that the employer's portion of FICA must be manually
accounted for via a manual general journal entry when using the Vantage
Payroll module :-(. I sure hope there is a better way to do this as
they are incurred in lieu of saving all the sick pay information until
year-end and adjusting W-2s!!!

Thanks in advance for your assistance!

Sincerely,

Rick Ludwig, C.P.A.

Vice President of Finance & Administration
Metal Spinners, Inc.
Angola, IN 46703
DIRECT (260) 665-2158 x25
FAX (260) 665-9452




Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links



_____

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Service <http://docs.yahoo.com/info/terms/> .




[Non-text portions of this message have been removed]



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links
Yahoo! Groups Links







Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links



_____

Yahoo! Groups Links


* To visit your group on the web, go to:
http://groups.yahoo.com/group/vantage/


* To unsubscribe from this group, send an email to:
vantage-unsubscribe@yahoogroups.com
<mailto:vantage-unsubscribe@yahoogroups.com?subject=Unsubscribe>


* Your use of Yahoo! Groups is subject to the Yahoo! Terms of
Service <http://docs.yahoo.com/info/terms/> .




[Non-text portions of this message have been removed]
2
For those of you using the Payroll module...

We are in the testing stages of implementing the payroll module and have
come across a problem/question - how do you enter third party sick pay
into the system?

We currently use ADP and we enter a manual check/then void it (I think!)
- and it comes across on the ADP report as an "Adjustment Void". In
essence, we are manually adding taxable wages and showing the deduction
of FIT/FICA as withheld by our TPA, and in turn, the employer FICA is
calculated/paid. As a result of this "Adjustment Void", the employee's
W-2 properly reflects the amount of taxable earnings/taxes withheld at
year-end. I have been working with Vantage support and haven't gotten
anywhere so far (a second support person is investigating). I
understand that the employer's portion of FICA must be manually
accounted for via a manual general journal entry when using the Vantage
Payroll module :-(. I sure hope there is a better way to do this as
they are incurred in lieu of saving all the sick pay information until
year-end and adjusting W-2s!!!

Thanks in advance for your assistance!

Sincerely,

Rick Ludwig, C.P.A.

Vice President of Finance & Administration
Metal Spinners, Inc.
Angola, IN 46703
DIRECT (260) 665-2158 x25
FAX (260) 665-9452
3
Rick.....I feel your pain. What I did was 'force' the provider to handle
the W-2's that way they also paid the employer portion and billed us for it
on the next month's bill. Prior to that it was a manual add on to each
weekly PR deposit and the W-2's ouch!!

Matt

-----Original Message-----
From: Ludwig, Rick [mailto:RickL@...]
Sent: Friday, May 27, 2005 12:51 PM
To: Vantage@yahoogroups.com
Subject: [Vantage] Payroll - Third Party Sick Pay Entry

For those of you using the Payroll module...

We are in the testing stages of implementing the payroll module and have
come across a problem/question - how do you enter third party sick pay
into the system?

We currently use ADP and we enter a manual check/then void it (I think!)
- and it comes across on the ADP report as an "Adjustment Void". In
essence, we are manually adding taxable wages and showing the deduction
of FIT/FICA as withheld by our TPA, and in turn, the employer FICA is
calculated/paid. As a result of this "Adjustment Void", the employee's
W-2 properly reflects the amount of taxable earnings/taxes withheld at
year-end. I have been working with Vantage support and haven't gotten
anywhere so far (a second support person is investigating). I
understand that the employer's portion of FICA must be manually
accounted for via a manual general journal entry when using the Vantage
Payroll module :-(. I sure hope there is a better way to do this as
they are incurred in lieu of saving all the sick pay information until
year-end and adjusting W-2s!!!

Thanks in advance for your assistance!

Sincerely,

Rick Ludwig, C.P.A.

Vice President of Finance & Administration
Metal Spinners, Inc.
Angola, IN 46703
DIRECT (260) 665-2158 x25
FAX (260) 665-9452
4
Matt-

Maybe I'm misreading your post - you are talking about what you do with
your third party payroll processor - correct? I have no problem as to
how ADP does it now; however, I don't see how this same thing can be
done using the Vantage Payroll module when we live 7/1.

Thanks!



Rick Ludwig



-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Matt Finn
Sent: Friday, May 27, 2005 1:55 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Payroll - Third Party Sick Pay Entry


Rick.....I feel your pain. What I did was 'force' the provider to
handle
the W-2's that way they also paid the employer portion and billed us for
it
on the next month's bill. Prior to that it was a manual add on to each
weekly PR deposit and the W-2's ouch!!

Matt

-----Original Message-----
From: Ludwig, Rick [mailto:RickL@...]
Sent: Friday, May 27, 2005 12:51 PM
To: Vantage@yahoogroups.com
Subject: [Vantage] Payroll - Third Party Sick Pay Entry

For those of you using the Payroll module...

We are in the testing stages of implementing the payroll module and have
come across a problem/question - how do you enter third party sick pay
into the system?

We currently use ADP and we enter a manual check/then void it (I think!)
- and it comes across on the ADP report as an "Adjustment Void". In
essence, we are manually adding taxable wages and showing the deduction
of FIT/FICA as withheld by our TPA, and in turn, the employer FICA is
calculated/paid. As a result of this "Adjustment Void", the employee's
W-2 properly reflects the amount of taxable earnings/taxes withheld at
year-end. I have been working with Vantage support and haven't gotten
anywhere so far (a second support person is investigating). I
understand that the employer's portion of FICA must be manually
accounted for via a manual general journal entry when using the Vantage
Payroll module :-(. I sure hope there is a better way to do this as
they are incurred in lieu of saving all the sick pay information until
year-end and adjusting W-2s!!!

Thanks in advance for your assistance!

Sincerely,

Rick Ludwig, C.P.A.

Vice President of Finance & Administration
Metal Spinners, Inc.
Angola, IN 46703
DIRECT (260) 665-2158 x25
FAX (260) 665-9452




Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links



_____

Yahoo! Groups Links


* To visit your group on the web, go to:
http://groups.yahoo.com/group/vantage/


* To unsubscribe from this group, send an email to:
vantage-unsubscribe@yahoogroups.com
<mailto:vantage-unsubscribe@yahoogroups.com?subject=Unsubscribe>


* Your use of Yahoo! Groups is subject to the Yahoo! Terms of
Service <http://docs.yahoo.com/info/terms/> .




[Non-text portions of this message have been removed]
5
I think you might be.....the subject said third party sick pay. We use
Vantage payroll......we 'force' the third party sick pay provider to handle
the W-2's.....didn't cost anything extra and life is simple!

Matt

-----Original Message-----
From: Ludwig, Rick [mailto:RickL@...]
Sent: Friday, May 27, 2005 2:11 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Payroll - Third Party Sick Pay Entry

Matt-

Maybe I'm misreading your post - you are talking about what you do with
your third party payroll processor - correct? I have no problem as to
how ADP does it now; however, I don't see how this same thing can be
done using the Vantage Payroll module when we live 7/1.

Thanks!



Rick Ludwig



-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Matt Finn
Sent: Friday, May 27, 2005 1:55 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Payroll - Third Party Sick Pay Entry


Rick.....I feel your pain. What I did was 'force' the provider to
handle
the W-2's that way they also paid the employer portion and billed us for
it
on the next month's bill. Prior to that it was a manual add on to each
weekly PR deposit and the W-2's ouch!!

Matt

-----Original Message-----
From: Ludwig, Rick [mailto:RickL@...]
Sent: Friday, May 27, 2005 12:51 PM
To: Vantage@yahoogroups.com
Subject: [Vantage] Payroll - Third Party Sick Pay Entry

For those of you using the Payroll module...

We are in the testing stages of implementing the payroll module and have
come across a problem/question - how do you enter third party sick pay
into the system?

We currently use ADP and we enter a manual check/then void it (I think!)
- and it comes across on the ADP report as an "Adjustment Void". In
essence, we are manually adding taxable wages and showing the deduction
of FIT/FICA as withheld by our TPA, and in turn, the employer FICA is
calculated/paid. As a result of this "Adjustment Void", the employee's
W-2 properly reflects the amount of taxable earnings/taxes withheld at
year-end. I have been working with Vantage support and haven't gotten
anywhere so far (a second support person is investigating). I
understand that the employer's portion of FICA must be manually
accounted for via a manual general journal entry when using the Vantage
Payroll module :-(. I sure hope there is a better way to do this as
they are incurred in lieu of saving all the sick pay information until
year-end and adjusting W-2s!!!

Thanks in advance for your assistance!

Sincerely,

Rick Ludwig, C.P.A.

Vice President of Finance & Administration
Metal Spinners, Inc.
Angola, IN 46703
DIRECT (260) 665-2158 x25
FAX (260) 665-9452




Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder
and Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links



_____

Yahoo! Groups Links


* To visit your group on the web, go to:
http://groups.yahoo.com/group/vantage/


* To unsubscribe from this group, send an email to:
vantage-unsubscribe@yahoogroups.com
<mailto:vantage-unsubscribe@yahoogroups.com?subject=Unsubscribe>


* Your use of Yahoo! Groups is subject to the Yahoo! Terms of
Service <http://docs.yahoo.com/info/terms/> .




[Non-text portions of this message have been removed]



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links
Yahoo! Groups Links