Working with Payroll

You can automatically calculate all payroll simply by entering the job, cost code, and time worked. Payroll helps generate accurate labor and job costs by calculating all accruals as well as basic pay items for each line on every timecard. You can even include liability insurance (based on per $1000) and small tool costs, which are automatically posted to job costs in your payroll calculations.

You can use advanced features to manage prevailing-wage, union benefits, and qualified benefit plans. You can set up a benefit system and assign it to a paygroup. For example, you can set variable-rate payroll to override basic employee calculations as well as calculate rates and benefits only for the assigned localities or specific unions.

Using Payroll, you can take advantage of benefit-cost offsets in addition to separately classified shop and site time. Customizable entry windows speed up your daily operations.

5-5 Daily Payroll, which enables daily batch entry of employee time, is ideal for larger companies. You can import employee time from 6-11-6 Daily Field Reports or the Service Receivables add-on module to verify payroll hours. 5-5 Daily Payroll also integrates with 8-Equipment Management so that you can allocate equipment repair time and costs to projects.

Here are more features of Sage 100 Contractor Payroll:

• Supports Workers’ Compensation systems, including split rates, hourly calculations, and employee and employer portions.
• Can track hours for reporting under the Affordable Care Act, and calculate ACA hours in payroll records.
• Calculates standard 401(k), 408(k), “cafeteria,” and qualified benefit plans.
• Includes direct deposit capabilities.
• Automatically prints Certified Payroll and minority reports for any timeframe and job.
• Calculates union payroll reports.
• Supports multi-state and multi-local tax district reporting, including reciprocity.
• Supports electronic reporting and filing.
• Supports piece work payment.
• Applies per diem to any job for accurate job costing of employee reimbursements.
• Automatically converts to weekly, biweekly, or semi-monthly timecards.