Conversion changes for QuickBooks

Several key areas of payroll and employee information are not converted. These are listed below:

• Information on the Employee and Employer tabs of Employee Defaults is not converted. This must be set up manually after running the Payroll Setup Wizard, either during the conversion or after the conversion is complete.
• The federal allowances on the Withholding tab will be set to 0 for all employees.
• In addition, the Employee and Employer tabs of each employee record should be checked for completeness prior to processing a payroll in Sage 50.

• Employee Beginning Balances are not converted. If you are starting to use Sage 50 in the middle of a payroll year, you must enter your employees' beginning balances manually so that QTD and YTD reports and W2 forms will be accurate.
• Social Security numbers will be converted only if you have checked the option "Allow this application to access personal data such as Social Security Numbers, customer credit card information, and other personal data". Tell me more about this.

We recommend that you set up employees during the conversion. However, if you chose not to do this during the conversion, use the following procedure.

1. Run the Payroll Setup Wizard in Sage 50. This will establish basic payroll information, such as the state in which employees work, 401k deductions, and vacation and sick time. Tell me more about running the Payroll Setup Wizard.
2. Set up employee and employer deductions in Employee Defaults. How do I set up employee defaults?
3. Update your employees' records to ensure that each one's deductions, pay, and withholding are set up properly. How do I set up employee records?
4. Enter any beginning balances employees have. You only need to perform this step if you are starting to use Sage 50 in the middle of a calendar year and employees have year-to-date earnings. How do I enter employee beginning balances?