Cogitate Inc Blog 10 June Pro Fund Accounting Report Viewer Updated! By SuperUser Account Pro Fund Accounting, Report Viewer, Reports 0 Comment We have updated the Pro Fund Accounting Report Viewer today! The major change that happened is that now when you launch a report, the cursor will be automatically positioned on the first parameter shown in the report viewer. Please let us know if there is anything at all that we can change in Pro Fund Accounting by either sending an email to firstname.lastname@example.org or by filling out the contact form on the Contact page. Related Posts Pro Fund Accounting Has Some New Reports! We recently added some new financial statement reports to Pro Fund Accounting! These reports are as follows: Statement of Financial Position - This report is essentially a balance sheet for your organization. It is designed for those entities that use our full 7 digit account numbers. Statement of Activities - This report is essentially an income statement for your organization. It is designed for those entities that use our full 7 digit account numbers. If there are any other reports you would like to see added to Pro Fund Accounting, please feel free to contact our Pro Fund Accounting support staff and let them know what reports you would like to see. How to Report Healthcare Costs on Your W2s Using Pro Fund Accounting We’re ready for the mandated health care costs that are to be reported on your employees W-2s. You can get your Pro Fund Accounting software ready, too, by following these steps and watching a short video on how to make the changes. Watch how to report healthcare costs on your employee's W2s. Changing the Health Insurance Deduction Codes Under Payroll/Payroll Constants, open Deduction Types and locate your health care deduction code(s) Edit them to remove the information in the W2 Info box and change the Tax Code box from “Box 14” to DD On the Parameter Titles page, in Parameter Title 5, enter “CMP AMT” (stands for Company Amount); this is to hold the amount the employer pays for the employee’s health care Reflecting the new Deduction Code Requirements in Employee Maintenance In Employee Maintenance, go to the Deductions tab and in the Select Code column, locate the deduction code for the health care deduction(s) that you made in Deduction Maintenance and click it. To “catch up the year” to reflect the amounts paid on the employee’s behalf for the payrolls already paid during 2013, click EDIT, then enter the TOTAL YTD HEALTH CARE paid by the employer in the CMP AMT box before running your next payroll. After the payroll is finished, repeat step 1 in this section, then enter the normal amount paid on the employee’s behalf. If the employee’s status changes during the year, change the amount in this box to the new amount the employer pays. What is printed on the W-2s The Health Care Cost and the Tax Code, DD, will be printed in one of the "Box 12" boxes (there are 4 boxes available and, usually, deferred compensation or retirement is printed in the boxes). The amount printed will be a combination of the amounts your employees paid toward their health insurance and the amounts you, as the employer, paid. These two figures, added together, should equal the total amount paid to the insurance company(ies) for health insurance during the year. Health Insurance Paid in-full by Employer; no health insurance deduction code After calculating your W-2s for 2013, you will need to edit each W-2 to reflect the amount you, as the employer, paid for each employee’s health insurance. Explain to your Employees what this is all about The amount reported does not affect tax liability, as the value of the employer excludible contribution to health coverage continues to be excludible from an employee's income, and it is not taxable. This reporting is for informational purposes only, to show employees the value of their health care benefits. You can learn more about Pro Fund Accounting here. If you found this post helpful, please feel free to leave a comment below. Updated the PR 52 Weeks Pay Report For Pro Fund Accounting We are pleased to announce a new update to the PR 52 Weeks Pay report in Pro Fund Accounting! The following list outlines the changes that were made to this report: Added the ability to exclude a custom range of payroll types from the report To download this updated report, please go to Help>Check For Updates within Pro Fund Accounting. Pro Fund Accounting v. 7000 Available Now! It seems we all have to make changes in life that seem strange and unfair. Cogitate’s development team has had to go back and change the way we do things in order to properly support Windows 8 and beyond. While we were learning the new way of doing things we added in a few extras. We are pleased to announce the release of the next update to the Pro Fund Accounting package. “What is all the hoopla about?” you may be asking. One of the many things that have changed is the output file management in Pro Fund Accounting – things like where the direct deposit file is located or where the state trunkline file is placed have all been reworked to add flexibility to the fund accounting software. Another large change is the new Crystal Reports system which allows printing reports on the latest hardware. We added a new installation and a program update monitoring system that automatically checks for updates. This release also added support for photos of equipment, inventory, and personnel. The Pro Fund Accounting software was updated to operate correctly on multiple monitors. We added a program to export paystubs and email them to employees. And last, but not least, we combined our voter registration software into the Pro Fund Accounting Municipal suite. This release will come to you differently; a representative from Cogitate will contact you to schedule the update to Pro Fund Accounting, version 7000. If you have any questions or if you would like the update sooner, then you may contact George at 866-634-9991 (ext. 9) to be at the front of the line. Pro Fund Accounting Version 7002 Available! We have recently released version 7002 of Pro Fund Accounting, our government accounting software! Please go to Help and click on Check for Updates to update Pro Fund Accounting to version 7002. In this release there is a management utility which requires the Microsoft .NET 4.5 Framework to be installed. The Pro Fund Accounting downloads page has a direct link to the Microsoft .NET 4.5 Framework: http://www.profundaccounting.com/Support/Downloads. Please note that .Net 4.5 cannot be installed on Windows XP or lower. If you are interested in learning more about our government accounting software, Pro Fund Accounting, please visit http://www.profundaccounting.com. Pro Fund Accounting website now integrates with Facebook! As part of our social media integration, we are pleased to announce that a few pages on our Pro Fund Accounting website integrate with the Facebook link sharing mechanisms! The current webpages that integrate with Facebook link sharing are as follows: The PFA Highway page at: www.profundaccounting.com The PFA Municipal page at www.profundaccounting.com The PFA State Trunkline page at www.profundaccounting.com You can expect to see more pages on the Pro Fund Accounting site become enabled with Facebook link sharing links in the near future. Also, our other websites: www.9gbackup.com, www.cogitateinc.com, and www.utilability.com will eventually integrate with Facebook link sharing as well. So stay tuned to these and more exciting updates to Cogitate's social media presence! Comments are closed.