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#10. Two years can
be open at the same time. You
can keep your current fiscal year open as long as you need
to and still enter 2003 budgets and postings before all of
the 2002 entries have been completed. The system will keep
it straight for you based on which fiscal year and date you
choose to work in.
#9.
Balance out outstanding encumbrances and payables to cash
summary.
#8. June
30 was the end of the second quarter. 941 taxes are due.
#7. You can use your
w2 balancing worksheet to balance each quarter.
#6. Your
history files need to be cleaned out periodically. Now is
a good time to remove that history and clean up those files.
The more history you carrying, the slower the program
runs.
#5. Double-check your
checks and/or deposit slip supply to make sure that you have
enough checks to print all of your summer payrolls and deduction
checks. In addition, if you change banks July 1, make
sure you have enough checks to start the new fiscal year.
#4. If you
do direct deposit and you change banks each summer, you will
need to go to System Management and change the bank information
on your NACHA file.
#3. Payroll totals are
only kept for 14 months within the system. You may need
to print payroll reports that summarize fiscal year activities
for your auditor. If you choose to run any of these reports,
you must run them prior to your September payroll (if your
fiscal year ends in June) AND before you make most of the
clearing entries. The good news is that Payroll in FA2
will keep PR totals as long as you wish. You will also be
able to archive your PR data.
#2. Backup, backup, backup.
#1. Our friendly support
staff is available Monday-Friday, 8am-5pm CST, to handle all
of your questions and concerns. Call them toll free at 877.843.8150.
 This
"Quick Tips from the Experts" was written by Becky
Grom, DataTeam Support Staff
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