2024 Year End Updates: Stay Informed with Sage

Is your Sage 100 system ready for end-of-the-year processing? Here’s what you need to know. 

Sage 100 versions prior to 2022 are no longer supported by Sage.  Version 2022 will have an end-of-life when version 2025 is released (expected in April 2025).  

Why should you use a supported version of Sage 100? 

• Features: Access enhancements and newly added features such as:  
  • New audit tracking for customers, vendors, employees, and inventory items.  
  • New order status of “Received” has been added to the purchase order.  
  • The ability to maintain Customer, Vendor, and Item records when using the Delete, Renumber, and Merge utilities while users are in the system. 
• Functionality: Compatibility with 3rd party applications. 
• Risk Prevention: Remediate unexpected support issues due to technology infrastructure changes that Sage cannot control.    

Why Schedule Now?  

With increased demand for system upgrades on the horizon, schedules are quickly filling up. Acting early ensures priority placement, helping you avoid delays caused by high demand or scheduled maintenance periods. 

Benefits of Early Scheduling: 

• Focused Attention on System Upgrades: By focusing on your upgrade, we can dedicate the appropriate resources and ensure timely, high-quality results for your system upgrade without affecting the progress of other projects. Therefore, requests for new development or other projects will be managed separately by your Blytheco Client Success Team.  
• Rising Demand and Limited Slots: As Q1 approaches, higher demand for upgrades may lead to longer upgrade timelines. Acting now ensures timely completion. 

Sage 100 Year End Update Announcements   

1099 Changes 

• Sage 100 v2024.1 & v2023.4 have the 1099 name parsed into the First, Middle, and Last names in the Vendor Maintenance on the Additional Tab, that will flow through to Aatrix 1099 forms as populated.   
• 2024.0, 2023.3, 2022.6 and prior have one field for the 1099 Name.  If you are running these versions, you will need to modify vendor data in the Aatrix preparer grid accordingly before printing/e-filing. 
• For Business Type 1099s: The Taxpayer ID Number (TIN) is used.  If the Vendor Name is not associated with the TIN, a Name will need to be entered. 
• For Individual Type 1099s: The Social Security Number (SSN) is used.  If the Vendor Name is not associated with the SSN, you will need to enter the First, Middle, and Last name for the SSN. 
• The above information should be on the W-9 provided by each vendor. 

IRD (Interim Release Download) 2024 
***This does not include 1099 name changes above.*** 

• IRD will be compatible with Versions 2022, 2023, and 2024. 
• IRD will update Aatrix AP form versions. 
• IRD will add boxes for Tax Years 2023 and 2024. 
• IRD will add boxes for 2025 1099 reporting. 
• 1099 Misc – Removal of Box 14 Excess Golden Parachute Payments 
• 1099 NEC – Addition of Box 3 Excess Golden Parachute Payments 

Payroll 2.25 

This update can be installed on Sage 100 v2021, v2022, v2023, and v2024. 

• Annual WH Allowance field renamed to Withholding Allowance in Employee Maintenance on the Taxes Tab. 
• Currently CO has an Annual WH Allowance which has not changed. 
• Field is now enabled for Iowa (IA W-4 field 6) & and Hawaii (HI W-4 pending). 
• For Iowa, employees W-4s should be reviewed.    
• Other System File changes that have been made to support upcoming tax reporting changes when new taxes are added.  Example: Maine and Delaware new family leave taxes coming in Tax Year 2025. 

Payroll Tax Update 

• Run the Payroll Tax Update as prompted or soon after. 
• Now through early 2025, there will be many changes in the Payroll Tax Updates. Please stay updated by reviewing the Payroll Tax Update Guide. 
• Run Payroll Status Check from Utilities Menu in Payroll after any Payroll updates. 

To learn more, please follow the link to Sage 100 Year End Center. 

We appreciate your continued partnership and are ready to prepare your system for the most demanding months of the year.  For questions, or to schedule time for your year-end processing, please reach out to your lead consultant.