EFILE YOUR W-2s WITH CMS PROFESSIONAL PAYROLL 2009 AND AATRIX
2009 is quickly approaching, bringing with it TAX TIME. This means it is time to start filling out and filing your W-2’s.
We know that this is a very busy time for you, so to help you out we have partnered with Aatrix and offer eFiling for your W-2s using CMS Professional Payroll 2009. This is a quick, safe, cost and time-saving alternative to filling them out manually – and a cure for those of us who wait until the last minute.
Aatrix makes filing W-2s easier and more affordable. If you are a current CMS Professional Payroll user click here to sign up today for the Aatrix W-2 eFile service! Or upgrade to our latest Payroll software release – CMS Professional Payroll 2009 – that includes new features such as:
- Direct link to Aatrix eFile Center.
- Automatically calculate an employee’s pay including any garnishments they may have instantly.
- Print multiple pay rates on paycheck stubs.
Call your Account Executive at (800) 388-3038 to learn more. ** If you still have reservations about signing up for eFile, check out our W-2 eFiling guide on our website.
IT’S CLOSING TIME
Well here we are, closing in on beginning a new year – 2009. And to start off the New Year right, you will first need to do your 2008 Year-End closing. Below we’ve outlined a checklist we recommend that you review before beginning your year-end closing procedure. It is a list of questions that you should ask yourself prior to closing out your 2008 books, to aid in the process.
Year-End Accounting Checklist
- Does my general ledger bank balance reconcile to the bank statement?
- Are there any accounts receivables that are worthless and should be written off?
- Is my balance in Allowance for Bad Debts a reasonable estimate of potential write-offs?
- Is the company’s inventory balance correctly stated?
- Are there inventory items that cost more than their worth and should be written down to their market value?
- Does the company still have all the fixed assets?
- Is my depreciation correctly recorded for those fixed assets still in the company’s possession?
- Did I amortize goodwill and franchise fees?
- Are there any prepaid items that need to be adjusted such as prepaid insurance?
- Have all assets been reviewed for accuracy?
- Have we recorded all of our payables?
- Do the payroll tax liabilities coincide with our quarterly reports?
- Do the balances in the notes payable accounts (loans) agree with what the banks say we owe?
- Are there other debts that have not been included on the books?
- Are there debts on the books that no longer exist because of forgiveness or oversight?
For our Cougar Mountain Software users we are posting a step-by-step procedure for year-end closing. If you would like free access to this aid, take the simple poll and you will be directed to our year-end closing tips--FREE!
Again, we are always here to help and if you should run into problems, please contact Cougar Mountain’s Customer Support at (800) 390-7053. We’ll help you work through the problem and get you back on track.
2009 TAX UPDATES ARE ROLLING OUT!
2009 Tax Updates are being sent out to all CMS Professional Payroll users who have enrolled in Cougar Mountain’s Software Assurance plan. The first set of state tax updates was released on 12/12/08 and will continue to roll out weekly. We suggest that you check the Customer Service Center for the most recent state tax updates on a regular weekly basis. Additionally we will notify you when they occur. If you’re not on our Software Assurance plan but would like to know more, visit our website or call your Account Executive at (800) 388-3038.
COUGAR UNIVERSITY: FULL STEAM AHEAD!
Cougar Mountain Software is continuing Cougar University through 2009 with two Road Shows in February. The first will be held in Phoenix Arizona, February 16-19. Our thinking there —giving our CMS Professional software users a break from the cold while giving them a chance to update their training on our software.
For our non-profit users who want to maximize their knowledge of their CMS Professional FUND software, come to out headquarters in Boise, ID and join our FUND training February 23-27. It is finally snowing here and all of our ski hills are opening. So you’ll not only get plenty of FUND training at Cougar University, but you can also get some skiing in at Bogus Basin which is just 16 miles north of our city.
Visit our website www.cougarmtn.com or contact your Account Executive for more information! (800) 388-3038.
HAPPY HOLIDAYS
Happy Holidays to all of our Customers and Business Partners. We look forward to starting 2009 and continuing our relationships of success with all of you. Have a safe Holiday Season and see you in 2009.
