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Acumatica Payroll - Year End 2021 - Start your reconciliation process now!

  • 17 September 2021
  • 4 replies
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I know it’s early but the end of the year comes fast and will be super busy. 

Start your reconciliation process now to help with the year-end process.  

Use the Annual Reports to help with this process.  Process and review by quarter to help with quarterly filings as well. 

 

There is no close process within Acumatica Payroll. 

Simply continuing processing payroll on your normal cadence.  

Earnings are accumulated based on the Transaction date (Check date) so they are automatically reported in the correct months or year. 

 

The 2021 W-2s will be ready in mid to late December.  A notice will be posted here once they are available in the Government Reporting screen.  Once available, follow the screen prompts to create the needed forms for eFiling.  

 

If you have any questions - please review with your Acumatica support team.  

 

Denise Johnson - Product Manager-Payroll & Time

4 replies

C
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@Denise Johnson , Any update on the 2021 W-2s? Will this still be ready in December?

J
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@Denise Johnson , Any update?

michaelkurtz26

W2 and W3 are available within Aatrix.  I recommend reviewing all State and Local Account Numbers to confirm accuracy and format. If there is an issue the line for that tax will be highlighted in red and must be corrected before moving on to the Federal Forms. 

C
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We are experiencing an issue with Local Income tax (Box 18,19, &20). We are in a state (MN) that does not have local income tax. BUT Aatrix is inputting (WEF, box20) MN Unemployment workforce enhancement fee. This is an employer tax and should not be listed on the employee’s W2 as a local state income tax. Anyone else having the same problem??

 

-UPDATE: Aatrix acknowledged the issue and has opened a development case

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