Fundware Release Notes for the 2013 Year-End Service Bulletin

FundWare Release Notes for the 2013 Year-End Service Bulletin

Release Type: Combined Release

Modules Affected: Accounts Payable (1099s) and Payroll (W-2s)

Who Can Install: All clients running versions 7.30 through 7.70 (7.30 and 7.31

clients must install Service Pack 2 before installing the year-end service bulletin. 7.40 clients must install Service Pack 4 before installing the year-end service bulletin). (7.60 Clients must install Service Pack 1 before installing the year-end service bulletin)

*** Please note if you are a payroll user, there is a separate download for the 2013 Payroll toolbox for tax table changes.

NEW OR INCLUDED FUNCTIONALITY

--W-2

RE Employer record pos 222-318 Employer Contact Name, Phone Number, Phone Extension, Fax Number and E-Mail/Internet has been added to the W2 E-File.

RE Employer record for Maryland has been updated for the new fields in the W2 E-File.

--1099

New fields have been added to the 1099-MISC form for Box 11 Foreign tax paid and Box 12 Foreign country or U.S. possession. The new fields have also been added to the Define and Edit 1099 Vendors task and the Vendor reports.

Payer “A” Record pos 28-43 Amount Code “9” Foreign tax paid has been added to the 1099-MISC E-File.

--General

--Updated WIRE application to produce IRS-approved forms W-2, 1099-MISC, 1099-INT and 941’s for tax year 2013.

--Updated View/Print functionality to the FundWare Menus for IRS-approved forms W-2, 1099-MISC, 1099-INT and 941’s for tax year 2013.

--This release is valid for business dates 1/01/2013 – 12/31/2013. If a different business date is entered to extract W-2 or 1099 information, you will receive a prompt to download the Year-End Service Bulletin that is valid for your entered business date.

--The 1099 and W-2 user guides have been modified for the changes in functionality, and new forms.

--FundWare does not support pre-printed forms; all printing must be done on perforated blank stock. In addition, FundWare does not support Copy A for W-2s or 1099s. Users must file electronically to the SSA and IRS.

--You must have access to the Internet for filing your tax forms electronically. Visit www.irs.gov (or call 866-455-7438) for 1099 information or www.ssa.gov/employer (or call 800-772-6270) for W-2 information.

--If your organization has never filed electronically: We encourage you to review the user guides. Also, you can learn more about the process by visiting www.irs.gov (or call 866-455-7438) for 1099s or www.ssa.gov/employer (or call 800-772-6270) for W-2s.

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