Recent updates
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How do I prepare and file the Schedule 01?
Updated onWorkflowThe Schedule 1 is a spreadsheet of each fund and each fund's beginning balances, revenues, expenditures and ending balances. The Schedule 1 is uploaded into the SAO's Annual Reporting website and forms the C4 report. The C4 is the report form which takes the information from the Schedule 1 then shows each fund and each fund's beginning balance, revenue by bars code, expenses by bars code and each fund's ending balances. The Schedule 1 also creates the C5 report which shows custodial funds, breaking down their revenues and expenses and showing their beginning and ending balances.
In SBX, each fund can set to show up on the C4 or C5 and each fund can be set to roll-up or merge into another fund for the Schedule 1 and C4/C5 reports.
Before running and filing the Schedule 1, a little prep work will save a lot of time.
1. Have all the bank recons for the filing year completed. This ensures you've accounted for any receipts and/or expenditures that haven't been accounted for that are showing on the bank statements.
2. Run each month's Treasurer's reports for the year being filed. This ensures all balances have rolled forward to the end of the year. It's a good thing to update the Treasurer's reports for the entire year by doing a batch update from Jan to December of the year being filed. Reports>Treasurer's Report. Click the Batch Update Button. Change the From to 1 and the year to the year being filed. Change the To month to 12 and the year being filed.
Click None. This will update the Treasurer Reports for the entire year without printing them.
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How much help would I like from Springbrook Express?
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Am I ready to start Annual Reports?
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What do I need for Annual Reports?
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How do I tie out the schedules?
Updated onWorkflowUsing printed copies of the Treasurer's Report, tie the balances to the various reports. Next to the balance make a tie symbol, such as a check mark, and note the report that is tied to the balance, then place a tie symbol and note on the corresponding report.
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How do I update the SAO files?
Updated onWorkflowTrending Annual Report Annual Reporting
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DRS Reportable Wages
Updated onArticleWe get lots of questions related to what income is report-able to the DRS and should have retirement calculated and taken out of the wages.
Generally (I use this term because there are always exceptions to everything) most wages are report-able and should be part of the wage basis for the retirement deduction.
Buyouts are special and may or may not be reported to DRS for PERS and LEOFF.
- Vacation and sick time buyouts. Don't report.
- Comp time used and Comp Time buyouts. Do report. These hours have been worked and the hours are reported when earned while the wages are reported when paid.
Payroll Payroll Maintenance Maintenance
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How Do I Create PFML In Advanced Payroll - WA state
Updated onArticleStarted in January, 2019, Washington State collects funding for the Paid Family & Medial Leave Act. This is administered by the Employment Security Department. The combined premium will be a percentage of wages up to $168,600 (2024 SS Cap) paid each quarter.
Beginning Jan 1, 2024 The percentage is .74% if the employer portion is included. The employer minimum portion will be 28.57% of the premium (.211% or .00211). Employers may withhold a maximum of 71.43% of the premium (.529% or .00529) from the employee wages if they choose. (If they choose means that employers have the choice of paying the employee portion along with the employer portion (if applicable). For more information about the 2024 requirements, click the following link: https://paidleave.wa.gov/updates/
In 2024, the Social Security Wage Cap is: $168,600 which makes the employer PFML cap: $355.75 and the employee PFML cap: $891.89.
Previous years information:
2023 (Yes it's true, 2023 is now a previous year haha): The percentage is .8% if the employer portion is included. The employer minimum portion will be 27.24% of the premium (.218% or .00218). Employers may withhold a maximum of 72.76% of the premium (.582% or .00582) from the employee wages if they choose. (If they choose means that employers have the choice of paying the employee portion along with the employer portion (if applicable). For more information about the 2023 requirements, click the following link: paidleave.wa.gov/updates/
In 2023, the Social Security Wage Cap is: $160,200 which will make the employer PFML cap be: $349.24 and the employee PFML cap be: $932.36.
2022: The percentage for 2022 was .6% if the employer portion is included. The employer minimum portion will be 26.78% of the premium (.161%). Employers may withhold a maximum of 73.22% of the premium (.439%) from employee wages if they choose.
The percentage is .439% if the employer portion is not included. Employers with fewer than 50 employees are not required to pay the employer portion of the premium, but are required to collect & remit the employee portion.
In 2022, the Social Security Wage Cap was: $147,000 which makes the employer PFML cap be: $236.67 and the employee cap be: $645.33
2021: The percentage for 2021 was .4% if employer portion is included. The employer minimum portion will be 36.67% of the premium (.147%). Employers may withhold a maximum 63.33% of the premium (.253%) from employee wages if they choose. The percentage is .253% if the employer portion is not included. Employers with fewer than 50 employees are not required to pay the employer portion of the premium, but are required to collect & remit the employee portion)
For more information visit the Employment Security Department website.
Payroll State Reporting PFMLA