Customer has already printed all of their checks for 2008 but now need to
record a taxable benefit for 3 employees.
They need their wages and tax liablity updated. The employee will be liable
for the taxes to be paid with their tax returns.
HELP...they need to do this today so i can install year end updates so they
can do their first checks for 2009 tomorrow
...taxable/non taxable dividends
using ms money 2005. I am trying to get a report on my stocks showing the
total taxable dividends and the total non taxable divinends in two seperate
reports. I have my investment to show taxable and non taxable and i have
showen the correct tax form. the only report i can get is a report showing
total dividends (this shows all dividends taxable and not taxable togeather).
In microsoft.public.money, qazwsx wrote:
>using ms money 2005. I am trying to get a report on my stocks showing the
>total taxable dividends and the total non taxable divinends in two seperate
>reports...Deduction not updating payroll correctly
We needed to change our HSA maximums for the 2008 year. I entered the new
maximums in the HR deduction setup and rolled down the changes. I only
changed the maximums, not the deduction tier in the HR setup. It appeared to
roll only the maximum deduction amount to the HR side and left the deduction
tier alone. However, on the Payroll side, it rolled down all the settings
rather than just the one I changed. This meant all the deduction amounts
setup on the payroll side were set to zero.
Hear are my questions?
Is this a bug?
Is there a better way to do these yearly code specific upda...taxable wages
When processing bonus checks I do not withhold the Federal and State taxes
but they are still subject to taxable wages. I think there should be an
option to replace the withholding $ amount to 0 for the taxes that I don't
want to withhold on the check but still show up on the employee's taxable
This post is a suggestion for Microsoft, and Microsoft responds to the
suggestions with the most votes. To vote for this suggestion, click the "I
Agree" button in the message pane. If you do not see the button, follow this
link to open the suggestion ...Money Deluxe 2004: How do I make it ignore non-taxable food items?
I'm using Microsoft Money 2004 Deluxe. Recently our state removed sales tax
on most food purchased at grocery stores. However, they did leave it for
some food items. Anyway, when entering purchases at places like Wal-Mart
they receipt lists what does and what doesn't, include sales tax. I like to
track what we purchase at places like Wal-Mart by splitting the categories
up. What I have done for years is entered everything except on the receipt
except for the sales tax, and then press the F6 key, which would distribute
the rest (which is the sales tax) among all of the items...401k cash payments Vs. Deposits
If anyone can help.
I have a 401k that I'm tracking. When I look at the total value, it is much
less then it should be. The cash that I put into the account is being
downloaded and put in as a payment not as a deposit which makes my cash input
look like a negative. You would think it would add up to the whole total of
the account, not as a seperate item and in a negative amount. Can anyone tell
why it does this and how maybe to fix it.
I'm not sure you provide enough information to tell what's happening. In
particular, it's not clear to me what you mean when you...Taxable, Tax Exempt, Non-Taxable Report
Our shop's accountant wants us to give him a monthly report showing each
day's total sales, taxable sales, non-taxable sales and tax exempt sales.
Does anyone know how I can generate it? The Sales Tax Analysis report will
give totals one day at a time or summary totals for the entire month.
...tracking company managed 401k?
I am pretty MS Money versed user and have a question I can't seem to find the
answer to--might be a little complicated
Using: MS Money 2005 Deluxe.
Question: I am trying to track 401k contributions in a company-managed
diversified fund. The funds are company proprietary, so there are no
tracking symbols to follow.
So, say I contribute $100 and the company matches $50. (I know how to get
from the paycheck to the 401k "cash" account). So, of the $150, 33% goes to
a low-risk, 33% goes to a medium risk and 34% goes to a high risk fund, each
with it's own per-share pri...Taxable Life Insurance
My monthly paycheck has a column showing Taxable Life Insurance.
How do I enter it into Money so that it shows up in the Tax Report ? The
insurance amount is not shown as deducted from the gross pay. The only
deductions on the gross pay are the Federal and State Income Tax.
I want to enter it in order to tally the Tax Report from Money and my W2
Thanking you in anticipation.
...Changing Paycheck Deductions
I entered my gross paycheck and deductions but I made a
mistake. Where can I go to change this? Do I have to
delete and re-add the paycheck?
Go to the register, click on the transaction, then click on the box marked
details, then select whichever tab and whichever entry needs fixing and fix
it??? I take it you just started using Money?
"Melissa" <email@example.com> wrote in message
> I entered my gross paycheck and deductions but I made a
> mistake. Where can I go to change this? Do...Money 2003 401k Handling
From pat posts I've read on this newsgroup, it would seem that Money's
handling of 401k accounts is somewhat dorked up.
Here's my problem: I've always tracked my 401k simplistically, using "Update
out of the "401k Manager" Screen. Recently I created a new dupe 401k and
tried using the Update Retirement Account wizard with all my old statements,
so I could track company matching and dividends. This worked great until I
got to a point where I transferred money out of one fund into another. I
added the new fund, checked it's checkbox, and ...Deduction in Arrears
I ran a payroll that should have included deductions in arrears and they were
not taken. Can anyone point me in the right direction to check why these were
I am on GP 10 with the latest Service Pack.
I reviewed the Arrears Transaction on the employees and it shows under
attempted but they were not taken. The employee still had plent of $$ left on
the check that would have allowed the full amount to be taken.
On the deduction card are three checkboxes. One of the checkboxes says
"Collect When Possible." Was this checkbox marked?
Charles All...Taxable versus Non-taxable items
We understand the basics of when sales taxes are computed. For example, an
Inventory Item may be marked as Taxable, Non-Taxable, or Based on Customer.
If we choose Based on Customer, then it uses the tax schedule defined for
the Ship-To address of that customer.
Here's the problem:
Item A IS TAXABLE for customer 1 in Colorado, but Item A IS NOT TAXABLE for
Customer 2 in Georgia.
BUT: Customer 2 is not necessarily a non-taxable customer. That is, SOME
items ARE taxable for Customer 2.
SIMILARLY: Customer 1 is not necessarily a taxable customer. that is, SOME
items are NOT taxable ...Deductions in Arrears Report
Is there a way to turn off the Deductions in Arrears report that appears when
you do Build Checks ?
I do not think so. I've never seen an option.
> Is there a way to turn off the Deductions in Arrears report that appears when
> you do Build Checks ?
Charles - thank you - I thougt maybe I had just missed it somewhere.
"Charles Allen" wrote:
> I do not think so. I've never seen an option.
> "lbecker" wrote:
> > Is there a way to turn off the Deductions in Arrears report that appears when
> > you...Income/exenses will not transfer to taxable items
I upgraded from 2003 Standard to 2004 Deluxe last year.
Income and expenses, since upgrade, will not transfer to
taxable items account. Therefor exporting to a tax program
is worthless. I've followed there instructions to the T.
Nothing works. Any suggestions?
What is a taxable items account?
"Don" <firstname.lastname@example.org> wrote in message
> I upgraded from 2003 Standard to 2004 Deluxe last year.
> Income and expenses, since upgrade, will not transfer to
> taxable items account. Therefor exporting to...lifetime deduction
We have a client who uses a deduction and the lifetime limit for certain loan
paybacks. when that employee pays off the loan and starts a new one, the
client wants to use the same loan deduction code. However, the lifetime
limit from before is still in play, Do they have to continue to up the
lifetime limit on a cumulative basis, or is there a table in the background
that would set it back to zero?
I'm not understanding why your client is setting a value in the 'Lifetime
Limit' if they are not going to enforce it. Why not just set the 'Li...401k on taxable benefits
Is there anyway to include taxable benefits in a 401k Deduction? For example
an employee makes $1000 per month and wants to deduct 4% for his 401k.
He also has $300 per month for taxable benefits, which are included in his
The 401k deduction will take 4% of the $1000 but does not include 4% of the
$300 taxable benefits.
Is there anyway forthe 401k to deduct from both?
No, there's not. You would need to use a pay code instead of a benefit.
Charles Allen, MVP
> Is there anyway to include taxable benefits in a 401k Deduction? ...Non Taxable
We have items which are regarded as non-taxable. The items are in a class
which is defined as non taxable. But when the item is invoiced tax is still
calculated, what did I miss
Are you using any 3rd party sales tax apps that might be overriding
the setting in the Item Card?
MCP-GP, MCT, MVP
East Coast Dynamics
no, the SOP is GP but we have a Point of Sale on top of GP
"Frank Hamelly, MCP-GP, MCT, MVP" wrote:
> Are you using any 3rd party sales tax apps that might be overriding
> the setting in t...Tax Deducted at source on Investment Transactions
I'm using Money 2005. Whenever a profit is made from selling a stock or
mutual funds, my bank deducts a commission (commision is deducted on all
sales whether profit or loss), and capital gains tax. In what category are
these deductions recorded so that I track these commissions and taxes and is
there a way to split the commission from the tax as I would also like to see
...M08: How to change account type to a 401K account
I have two retirement 401K accounts and I noticed that only one retirement
(401K) account shows up in the Investment->401K Manager. How do I assign or
change the type of the account to a 401K type account to showup in the 401K
Manager. (I use Money 2008)
In microsoft.public.money, RK wrote:
>I have two retirement 401K accounts and I noticed that only one retirement
>(401K) account shows up in the Investment->401K Manager. How do I assign or
>change the type of the account to a 401K type account to showup in the 401K
>Manager. (I use Money ...Taxable IRA distribution
I'm trying to get taxable information for this year, and ran across a
problme that you can't catgorize transfers, or treat them as income when
they go from a tax fee account to a taxable account.
I searched the newgroup and saw some discussion and cumbersome workarounds
discussed back in March 2003.
Is there a solution (perhaps in 2005) or does anyone have any better
I have tried to get MS to allow a catagory for transfers from "qualified
accounts" such as Seps,Ira's for several years, I was told by one of the
Money folks that this may be done...Deduction Arrears Adjustment
We use the deduction arrearage in payroll. How do you adjust the amount of an
arrearage? When you are on the card it appears you can only delete a line. We
need this if someone partially pays the arrearage outside of payroll (i.e.
with a personal check).
You should be able to edit the arrears balance by going to Cards >> Payroll
>> Arrears Transactions.
Charles Allen, MVP
"Bob Harrison" wrote:
> We use the deduction arrearage in payroll. How do you adjust the amount of an
> arrearage? When you are on the card it appears you can only delete a line. We...deduct tax from a total
I need to deduct tax from a calculated total , i.e.
col B- price of item
col C = sum of col a and b
col D should show the total less the tax, presently at 16%
thanks in adavance
(remove nothere from the email address if mailing direct)
"Deltaecho" <Deltaecho@discussions.microsoft.com> wrote in message
> I need to deduct tax from a calculated total , i.e.
> Col A=Qty
> col B- price of item
> col C = sum of col a and b
> col D should show the total less the tax,...Taxable & non-taxable contract lines
Service Contract line entry allows entry of multiple inventory items. A
service contract may often include both taxable and non-taxable services.
When the sales order document is created, the item from "Contract Type" setup
is the only item used to create the sales order document. This item is
either taxed or not taxed, but does not reflect the actual tax status of the
Properly calculate tax based on the taxable status of the line items on the
This post is a suggestion for Microsoft, and Microsoft responds to the
suggestions with th...M08 to Quicken 2010 Conversion
This is a multi-part message in MIME format.
I recently imported my Money 2008 into Quicken 2010 (R4) and the import =
worked well without any issues. =20
However, I noticed that 401K accounts that are imported from Money have =
the ability to have a separate Cash account associated with the =
"investment account". This replicates how Money manages the =
investment/401K accounts. But, if a 401K account is created from =