PayMaster Hospitality

Features

Tips

Automatically handles:

• credit card charge backs

• tip allocation by hours or receipts

• tip credit on regular and overtime hours

• business tax credit on tips

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Processing

• pinpoints calculations to three decimal points

• tax tables available for all state and local governments

• provides for unlimited additional income types and miscellaneous deductions

• check printing for all types of printers in single or batch mode

• makes adjustments such as voiding checks or running selected checks while automatically updating all files

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Reporting

• prepares tax returns and reports in the required formats (hard copy, scannable, diskette or MagMedia)

• maintains master files, unlimited check history and a complete audit trail

• accommodates and tracks both organizational structures and multiple cost centers

• general ledger interface with accrual figures for reversing entries

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Paymaster V8 Detailed Features

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Tax Returns & Reporting

• Prints reports for tax credit for FICA taxes on tips.

• Prints 941, 940, FTD.

• Prints state unemployment reports on plain paper and pin-feed forms; W-2s on pin-feed, laser, or self-mailer forms.

• Allows review of W-2s before year-end or before printing on actual W-2 forms.

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True Multi-State Reporting

• Supports Mag Media, scannable reports and special formats.

• Computes obligations and deductions based on wages, hours, or calendar weeks.

• Accommodates employees who work in more that one state, e.g. SUTA.

• Accommodates employees who move from one state to another, e.g. withholding.

• Automatically assigns correct state ID to Mag Media or paper W-2s.

• Prints quarterly reports and allows adjustments for current or previous quarter.

• Captures and reports workers' compensation information by category.

• Reconciles actual to calculated OASDI, Medicare, and SDI.

• Prints form 8027 -- Annual Information Return of Tip Income and Allocated Tips.

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Tax Tables

• Includes federal tax tables and up to 99 state/local tax tables that can be used for any of the 50 states and many municipalities. Also includes earned income credit (EIC) tax tables.

• Makes available revised tax tables as often as the federal/state tax laws change.

• Can be defined/changed by the user or ordered on diskette from Paymaster Hospitality.           

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General Ledger

• Prints payroll transaction report. Prepares file to be brought into CharterHouse and selected other General Ledger programs

• Supports expense allocations by department.

• Breaks out direct and indirect labor.

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Data Collection

• Supports data collection through time clocks, smart cash registers, and batch manual entry with hash totals for data verifications. Interfaces available at additional cost for: Digital Dining, EAS, Kronos, Micros 2700, Micros 4700, NCR 22160, SDA and more.

• Exports a Lotus file.

• Prepares time cards and address labels.

Pinpoint Calculations

• Calculates rates out to three decimal places.

• Allows use of default earnings rate, per employee, for three positions and up to five additional incomes, plus vacation/holiday and sick.

• Features automatic pay option for salaried employees.

• Allows weekly, biweekly, semi-monthly or monthly pay period by employee, with option to change for individuals during processing.

• Supports up to five pay rates per employee.

• Supports piece rates, commissions, bonuses, travel time, and shift differential.

• Handles reported cash and charge tips, tip credit, and tip allocation.

• Handles fringe benefits.

• Calculates 401(k) tax requirements per state.

• Accrues vacation and sick leave by the pay period or hour and tracks it as used.

• Recalculates overtime pay rate as you give non-discretionary bonus or commission.

• Allows different cost centers to be processed separately or together. Up to 50 divisions possible.

• Calculates workers' compensation report.