Tax Year 2024 Year-End Updates 20.11
Federal Reporting
The following updates were released during or for the tax year 2024 for eFinancePlus 20.11. This includes releases from April 2024 through March 2025 and is updated through each release.
Reference | Area | Release Note | Release Information |
|---|---|---|---|
EFIN-123102 | Corrected fatal error in 941 report load | Human Resources > Reports > Periodic Reports > 941 Federal Tax Return > Load, a fatal error occurred when an employee with the *AM (Additional Medicare) deduction was processed. This has been corrected to use the proper report criteria for processing the deduction. Affects versions 20.11, 22.4 and 23.10 | 2024 October Monthly |
EFIN-116671 | CRDC 2023-24 Updates | As part of this update, certificate areas can now be tied to a specific CRDC specialized area (Math, Science, etc.) in Human Resources - Reference Tables - Personnel - Certification Area. For select states, this ability will also apply to their certificate-related state-specific tables. The CRDC process and load will use these settings to automatically calculate the FTE for these areas when loading locations. Versions 20.11, 22.4, 23.10 | 2024 October Monthly 20.11.75 |
EFIN-120576 | 941 Quarterly Federal Tax Return. | A fatal error that occurred in the 941 Quarterly Federal Tax Return when additional medicare gross was encountered is now corrected. The load process is also now modified to include all pay groups in the employer setup option regardless of the pay rate status. | 2024 September Monthly |
EFIN-114994 | 1099-R Processing Page Title and Information Section Updates | Main Menu > Human Resources > Periodic Routines > Year End > 1099-R Processing > Print 1099-R Forms > Print All 1099-R Forms The page title is now "1099-R Processing - Print 1099-R Forms". The information section on this is also now updated to, "Use this option to print 1099-R forms." This change makes it match the other 1099 Print All Forms pages and removes incorrect information displayed. Versions: 20.11 , 22.4, 23.10. | 2024 October Monthly |
EFIN-117866 | 941 Quarterly Federal Tax Report Now Allows Data Editing and Storage | In Human Resources, Reports, Periodic, the 941 Quarterly Federal Tax Return report is now updated to allow you to load the data, make necessary changes, and create the report. In addition, the report data is saved for historical purposes. You must complete Employer Setup on the 941 Quarterly Federal Tax Report action bar before you run the Load option for your first report. If you have multiple Federal Tax IDs, you can associate pay groups to each Federal Tax ID to assign employee data. After you complete Employer Setup, run the Load option to create the data for the report, then in the Reports option select the 941 Federal Tax Return Report to generate the report. The FICA, Medicare, and Federal Tax Reports are now available in the Reports option. These are still generated from the check history. | 2024 July Monthly 20.11.72 |
EFIN-116985 | ACA Hours Load Performance Improvement | In Human Resources, Periodic Routines, Affordable Care Act, ACA Hours Tracking, the Load (Check History) performance has been improved. Sites with many employees and rows in the hours conversion table should see a reduction in time to load ACA hours. | 2024 June Monthly 20.11.71 |
EFIN-114939 | 1095 Maintenance total employee count based on entered monthly pay runs | In Human Resources, Periodic Routines, Affordable Care Act, 1095 Maintenance, Setup Employer (Edit), Calculate Total Employee Count, the calculation has been modified to only look at the pay runs entered in Pay Runs for Total Employee Count Calculation, and assume that the pay runs entered in each month correctly include the 12th of the month. Previously, the system tried to add a calculation which resulted in inaccurate results. For example, if the pay run entered had the default or pay group start date of the last week in March, the default or pay group end date was the 1st week in May, and the pay run was entered in April in the Pay Runs For Total Employee Count Calculation section, then the calculation did not include employees in that pay run. However, April was the correct entry because the pay run included the 12th of April. The process now assumes the pay run entered for the months in the Pay Runs For Total Employee Count Calculation section includes the 12th of the month and does not try to calculate it. It will compare the ACA year on the employer record with the check history transaction date year to avoid including older records of reused pay runs. The transaction date will be the pay group end date for employees who had their time cards loaded or the default end date for employees who had their time cards keyed in. For a pay run that crosses years, the program will use a look-back period of 2 months into the prior year to ensure all appropriate records are included. | 2024 May Monthly 20.11.70 |
EFIN-114645 | EEO-5 Category titles updated to match government documentation | In Human Resources, EEO-5 Category titles have been modified to match the latest government documentation. The following menu paths reflect the updates:
The titles that have been changed are:
For the PDF Hard Copy report of the EEO-5 Data both Summary and Detail, categories 10, 15, and 18 are now abbreviated titles to be consistent with the changes and the other abbreviations on this report. | 2024 April Monthly 20.11.69 |