Payroll

The Sage MIP Fund Accounting Payroll module provides the full-featured payroll processing and reporting necessary to manage today’s payroll needs. With the flexible payroll code system, users define how the payroll system will track types of payments, benefits, deductions and leave time for each employee. Payroll Processing Groups allow the production of payrolls divided by processing cycle, department, program or other type of grouping. Whether employees are hourly or salaried, part-time or full-time, the Payroll module can produce a payroll with minimum effort and maximum efficiency.

The Payroll module features timesaving tools like the default timesheet, which allows entry of all applicable payroll codes and regular earnings for each employee. With this feature, employee timesheet data entry is required for only those timesheets that change from cycle to cycle. The Payroll module also provides full reporting for internal controls, federal, state and local reports and W-2 production.