Calculate and Apply Employer Match to Payroll
Depending on the number and types of parameters used in calculating an employer match, the process can include manually creating spreadsheets and reports. AEM streamlines the process, gets rid of the spreadsheets, and automatically calculates and records the employer match amounts in timecards within Sage HRMS Payroll.
Customize Schedules
Incorporate your company’s rate schedule, eligibility requirements, and acceptable wage categories to create a unique solution, and configure employer matches for every employee.
Repeat and Revise
Run AEM as many times as needed. Make sure there are no mistakes before payroll is posted and checks are printed. Change the company or employee information whenever necessary.
Maximum Match
Support an absolute dollar amount as a Maximum Match Limit.
Stay Compliant
Include state and Federal retirement savings contribution regulations in the calculations, ensuring compliance.
Appropriate GL Transactions
Calculate the employer match using AEM and ensure the appropriate GL transactions are included in payroll GL posting.
Reduce Costs
Eliminate the need for manual configurations and spreadsheets, reducing the time required to process payroll.
Blog Posts
Ease Employee High Deductibles with Health Savings Accounts
Healthcare costs in the U. S. are a significant concern for employees and employers alike. This year, you may be offering high deductible health plans to your employees. Those plans usually mean lower premiums for both groups, but employees face paying more up front before their insurance kicks in. Health saving accounts can help. Read for statistics on the rate of increased costs, 2021 deductible requirements, out-of-pocket maximums, and for tips on how to manage HSA deductions.
Sage HRMS Garnishment Manager 10.7.11 Release Notes
Sage HRMS Garnishment Manager 10.7.11 is a Maintenance release which provides updated State Minimum Wage values for 25 states plus Washington DC and Guam.
Sage HRMS Check Form Choices
If you use Sage HRMS Payroll, you have choices. The standard check forms are 100% compatible with your Sage software. If you require specially formatted checks, Sage HRMS check forms can be customized to include the information you need and the layout you want. Read this post to learn more about check form choices and availability.
See You at the Summit – Sage Summit 2017!
Thousands of business professionals will be gathering at the Georgia World Congress Center in Atlanta from May 9-11 to attend Sage Summit US 2017, the must-attend conference for leadership, inspiration, and learning. We have secured an exclusive $99 rate for our customers. Read about the conference, follow links to the sessions catalog and Sage Summit website, and use the customer link to register. See you there!
