1. Accounting Office: | 2018 Federal Withholding Rates Tax Table Information 2. Accounting Office: 2017 Year-End Guidelines | 1099/W-2 Forms Ordering and ACA Printing 3. F&I Billing & Desk/Mate™ | 2018 Tax and Fee Calculations changes reminder for California, Georgia, and Oregon dealers 4. Fixed Operations Modules| Parts and Service Modules Tax Rates Modifications 5. Parts Department: Physical Inventory | ‘Tis the season for Parts Physical Inventory 6. Recent Enhancements | Default Incentives into New/Used Deal Types, Retired Accounting Program 10, Revised Accounting Bank Reconciliation Processing, Warn or Require customer information when adding/editing a customer, Customer Value, NADA Bookout in Desk/Mate

 
 

WHAT’S NEW?

 

ACCOUNTING OFFICE

2018 Federal Withholding Tax Table Information

Dec. 26, 2017

The IRS is working to develop withholding guidance to implement the tax reform bill signed into law on December 22. We anticipate issuing the initial withholding guidance in January, and employers and payroll service providers will be encouraged to implement the changes in February. The IRS emphasizes this information will be designed to work with the existing Forms W-4 that employees have already filed, and no further action by taxpayers is needed at this time.

Use of the new 2018 withholding guidelines will allow taxpayers to begin seeing the changes in their paychecks as early as February. In the meantime, employers and payroll service providers should continue to use the existing 2017 withholding tables and systems.”

Dec. 13, 2017

The IRS is continuing to closely monitor the pending legislation in Congress, and we are taking the initial steps to prepare guidance on withholding for 2018. ‎We anticipate issuing the initial withholding guidance (Notice 1036) in January reflecting the new legislation, which would allow taxpayers to begin seeing the benefits of the change as early as February. The IRS will be working closely with the nation’s payroll and tax professional community during this process.

https://www.irs.gov/newsroom/irs-statement-withholding-for-2018.

 

Year-End Guidelines

Read up on our suggested year-end guidelines for Accounting, Accounts Payable, and Payroll on the AMU Portal Message Center.

It’s that time again! – The 2017 1099 & W-2 Forms and ACA Forms Printing

 

2017 1099 / W-2 Forms and ACA Form Printing Subscription Ordering

The ordering information for 2017 1099 and W-2 Forms are now available. The information provides ordering quantities, pricing, and two ways to place your orders (via email or phone).

We also have the ordering or renewal information for the ACA Form Printing Subscription.
All the ordering work orders, pricing, and information are on the AMU Portal Message Center.

 

F&I BILLING AND DESK/MATE

2018 Tax and Fee Calculations changes reminder for California, Georgia, and Oregon dealers

Effective Jan 1st 2018:

California dealers will need to update the Vehicle License Fee calculation

Georgia dealers will need to make adjustments to how they tax Leases

Oregon dealers be advised that 0.5% Sales Tax will be applicable on all Cash / Retail / Lease deals

 

Parts & Service Modules

Don’t forget to modify any applicable Tax Rate changes in the Parts and Service Modules. The Quick Reference Guides are available on the AMU Portal Message Center.

 

PARTS DEPARTMENT

‘Tis the season for Parts Physical Inventory!

Are you ready to perform your annual Parts Physical Inventory? We have documents and tutorial videos on how to process it in Auto/Mate. All are available on the AMU Portal Message Center.

 

RECENT ENHANCEMENTS

Enhancements included in the latest software releases:

Accounting Program 35: Bank Reconciliation Processing

• Bank Reconciliation Processing in the Accounting Module has been updated. This program makes it easier to view All or Outstanding items which are sorted by Debits and Credits. Reconciling is also easier with the point and click features.

Accounting Program 10: Transaction Adjustment/Reversal

Accounting transaction adjustments and reversals are now handled in Program 31. Some of the benefits of adjusting and reversing in Program 31 are:

• Easily find transactions using only a control or reference number and no need to have a source
• Notes can be added when adjusting and reversing transactions

If you require a security access to Adjust/Reverse in Program 31, please contact your dealer System Administrator.

Warn or Require customer information in the Name Database

• The Unified Name Database now has a new feature that allows the System Administrator to either require specific information in a Name File or to warn an employee that certain information is missing.

Customer Value

• Customer Value | With the right security access, you now have the option to see the business your customers have done by departments in great detail in the name database.

Desk/Mate™

• You can now set up Deal Incentives to be added into New and/or Used deal types by default

• NADA Bookout in Desk/Mate | This new feature will allow you bookout the NADA true value of the trade and sold vehicles in Desk/Mate™. For those dealers that already have the integration in the Customer/Mate™ (CRM) module will automatically see the Desk/Mate integration upon activation. For NEW activations and pricing information, please contact our Customer Success Managers.

All the “How To” documents and detailed information are available on the AMU Portal Message Center.