Can Payroll 2.x Tax Updates be run after January 1, 2020 before generating 2019 W-2s?

SOLVED

We just upgraded our Sage 100 2017 to Sage 100 2019 with Payroll 2.20. I'm used to the old TTU method where we were told not to install the next year Q1 TTU before processing the previous year's W-2s. However, based on a comment from KathleenF on this post it makes me think that in Payroll 2.x the Tax Updates can be installed whenever and W-2s can be run whenever too. Can I just get a confirmation that it's okay to click YES to this message now before we've processed our 2019 W-2s?

Parents
  • +2
    verified answer

    Yes.  In Payroll 2.x the Tax Tables are based on check dates.  You can also go ahead and enter you new state unemployment rates into system as soon as you get them since they now have an effective date.

    I would still recommend making a copy of your company to a backup prior to closing the year and close 2019 prior to doing any payrolls in 2020.  

Reply
  • +2
    verified answer

    Yes.  In Payroll 2.x the Tax Tables are based on check dates.  You can also go ahead and enter you new state unemployment rates into system as soon as you get them since they now have an effective date.

    I would still recommend making a copy of your company to a backup prior to closing the year and close 2019 prior to doing any payrolls in 2020.  

Children