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Payroll Teammate
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Payroll Teammate 5.2 integrates external payroll with MIP GL. Use with any vendor. • Completely validates all data to insure successful transfer to GL
• Supports accruals (forward & traditional)

• Allocates benefit costs at the employee level

Compatible With: Sage 100 Fund Accounting [Fund Accounting], Versions
Created by:

Single Database $ 3995
Annual Gold Service Plan $ 895


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Payroll Teammate 5.2 solves major accounting dilemmas: recording payroll activity and generating employee-level allocations of benefit costs (which avoids the hidden subsidy problem). Using it insures that you have complete validation of all transaction data to accounting. It supports accruals (forward-looking as well as traditional).

 

Here’s how it works

We’ll configure control of the allocation of salary and tax expenses in your payroll entry by one of two methods: embedded codes in your payroll product (e.g., Department Number in ADP) or MIP's own Distribution Codes. Your transaction data is completely validated to insure successful transfer to MIP (including account code existence and status, balancing by all balancing segments, compliance with effective Date policy in MIP, and unique Session IDs). Accrual/reversal of cross-month payrolls is supported. We even have an automatic correction feature if your payroll vendor's file contains small rounding errors. And, you can allocate benefit (and other) costs at the employee level using the salary history for the basis period you select.

 

What comes with it?

Project Management – We act as project manner to efficiently coordinate the effort between you and your external payroll vendor.

Reporting

–Two Custom reports free upon request

–All display screens have sorting, filtering, and print functionality

Implementation and Training

Money-Back Satisfaction Guarantee

Expertise

–TeamNFP has built payroll and other solutions for MIP users for more than 13 years

–Client referrals available on request

–Developers of a family of products designed to maximize the benefit of your investment in Sage MIP Fund Accounting and Payroll

Great Return on Investment

–Purchase compares very favorably to the .20 FTE (or more) that will be saved every year you use it

–Additional databases can be supported for an additional fee

Gold Maintenance and Support Plan

– annual fee continues your value after the first year at a fraction of the original purchase price

–Technical Support (e.g. assistance with re-configuring the software when the MIP server or database are moved or renamed, diagnosing file problems from payroll vendor, assistance with seldom-used functionality, etc.)

–Assistance with diagnosis of run-time difficulties (corrupted files, etc.)

–Quick Repair updates when MIP or your Payroll vendor’s new versions make them necessary

–Enhancement Updates

 

Contact your Business Partner to set up a demo or to find out about our next product webinar.

 


Industries: Non-Industry Specific

Business Needs: Payroll, G/L Posting Control, Multi-Company Processing