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Form 941 Report Question

  • 1.  Form 941 Report Question

    Posted Jul 05, 2019 11:14 AM
    After our 1st quarter Form 941 Report was filed a manual adjustment was done that affected tax sheltered deductions and benefits. I re-ran 1st quarter in the quarter ending reports to file a 941x thinking my amounts should have changed but they didn't. Is my thinking wrong or am I missing a step?

    Thanks,
    Stephanie

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    Stephanie Ramos
    PBFCM
    Houston TX
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    Conference-GPUG_200x200


  • 2.  RE: Form 941 Report Question

    Posted Jul 08, 2019 08:36 AM
    I had the exact same problem in Q1.  I made a manual correction and the 941 did not run correctly.  I had to do manually do the 941.  I would like to know if there is a fix.  I suspect that the W-2 at the end of the year could also be incorrect.

    Also there is a problem on the 941 with how it handles retiree pay.  The report has some fields that include retiree information, and some that don't.  The whole 941 schedule B incorrectly includes retiree pay.  I have reported this many, many times over the last 12 years, but they have never fixed it.

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    Diana Stockton
    Controller
    Tanglewood Corporation
    Houston TX
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    Conference-GPUG_200x200


  • 3.  RE: Form 941 Report Question

    TOP CONTRIBUTOR
    Posted Jul 09, 2019 10:51 AM
    @Stephanie Ramos:

    Is it possible that the adjustment was posted in the 2nd qtr?​

    Thanks



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    Joni Finnell
    GP Projects/Troubleshooter
    Consumer Support Services, Inc.
    Newark OH
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    Conference-GPUG_200x200


  • 4.  RE: Form 941 Report Question

    Posted Jul 09, 2019 10:54 AM
    Hi Joni,

    The adjustment was physically done in April, but posted for 1st quarter. We have the same issue with another manual adjustment posted in April for the month of April. The 2nd quarter 941 and the Payroll Summary Report are also not taking this manual adjustment into account.

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    Stephanie Ramos
    PBFCM
    Houston TX
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    Conference-GPUG_200x200


  • 5.  RE: Form 941 Report Question

    Posted Jul 09, 2019 12:16 PM

    I made my manual adjustment immediately after the pay run when I realized the tax sheltered deduction was wrong (in March), but I was careful to double check the 941 and sure enough it was incorrect by the amount of the manual adjustment.

     

    Diana Stockton

    Tanglewood Corporation

    Controller

    dstockton@tanglewoodcorp.com

    713-622-8100 x 128

     




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  • 6.  RE: Form 941 Report Question

    Posted Jul 09, 2019 05:13 PM
    Just a note...The 941 Report pulls from the amounts in the Edit Liabilities window (Tools - Utilities - Payroll - Edit Liabilities).  You can only edit this window if you have that option turned on in the payroll setup window.  I am not saying that you should edit here because normally you can fix it through payroll transactions\adjustments.  Sometimes I use the window just to look at what it thinks it should be though.

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    Stefanie Christiana
    Glidewell Laboratories
    Irvine CA
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    Conference-GPUG_200x200


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