CYMA PEO Software Solution
CYMA PEO Software Benefits
- Multiple import or data entry options including time clock integration and Employee Self-Service
- Full W2 and 1099 printing out of the box as well as eFile options for most state and federal forms
- Support up to an unlimited number of employees
- Support unlimited deductions
- Offers Electronic Direct Deposit, Child Support, and Pre-tax Payments generated from the Payroll process
- Process for recording ACA data and processing 1095-C, 1094-C, 1095-B, and 1094-B forms and submitting electronically
- Support and manage an unlimited number of payroll benefits like 401k, cafeteria plans, vacation time and more
- When used with the AP modules, can automatically generate tax liability invoices
- Effective and Start Date for Payroll features (benefits, vacation, 401k, etc.)
- The only major payroll processing product in the marketplace that supports encrypted Social Security Numbers at the database level
- Supports multi-state payroll out of the box including Pennsylvania local payroll taxes (PSD) and tax form processing
- Garnishment and Child Support Calculation and Alert System
- Process Payroll and Billing in Defined Groups / Multiple Clients and Multiple Pay Frequencies
- EFT Child Support Payments
- Scheduling of Pay Features to be Excluded from a Given Payroll Run
- Blended Overtime Features - FLSA Overtime Rules (Fair Labor Standards Act) Compliance
- Ability to Post Daily Time Sheets Outside of a Current Pay Period
- Unlimited Flat Fee Employee Product Codes
- Allocate all Payroll costs by Job ID, Trans Class, or Workers Comp Codes
- Workers Comp Codes Default to Employees based on Position
- Streamline payroll operations for high volume payroll processors and PEO organizations
- Annual updates ensure current and compliant state and federal tax calculations
- Print MICR checks to plain paper
- Optionally process common specific human resource forms and packets like time off requests and disciplinary measures.
- Compatibility with third party systems like EmCentrix, Aatrix, MasterTax, Efficient Hire, and Gray Swan
CYMA PEO Software Features
- Unlimited Deductions
- Unlimited Employees
- Unlimited Earnings Types
- Unlimited Benefits
- Supports all 50 states including DC, Puerto Rico, and Virgin Islands
- Direct Deposit and EFT Direct Deposit
- W2 printing
- 1099 printing
- Multiple Bank Accounts
- Encryption of Social Security numbers
- Post in detail to GL
- Post by transaction date or check date
- Custom data fields
- Process multiple checks per employee, per pay period
- Process multiple pay frequencies at one time
- Quick Entry Payroll dialog box or traditional Payroll entry
- Use the optional CYMA State Payroll Forms to automatically fill state payroll forms from all 50 states
- Multiple copies of checks
- Default GL Accounts
- Annual cap field for pre-tax employer deductions
- Change the pay rate across a number of employees
- Effective Date for Payroll features (benefits, vacation, 401k, etc.)
- Fixed Departmentalization
- Variable Departmentalization - allows allocation/departmentalization to occur based on actual number of hours (or dollars) in the specific pay period
- Copy or add a Payroll "feature" across a range of employees
- Unlimited Vacation Accrual
- Unlimited Sick Pay Accrual
- Annual cap field for pre-tax employer deductions
- Change the pay rate across a number of employees
- Local Tax and Union Dues
- Deductions with minimum net pay
- Adjust beginning balances on a per employee basis any time prior to processing payment
- Turn Earnings, Benefits, and deductions features off at any time
- Departmental tracking
- Location tracking
- Laser Fileable 940 & 941 Forms
- Supports all Pay Frequencies - Daily, Weekly, Bi-Weekly, Semi-Monthly, Quarterly, Semi-Annually and Annually
- Void check feature automatically creates all reversing entries, including departmental printing
- Manual Checks Ability create adjusting entries
- Adjustments can optionally update GL
- Wage calculation features allows user to set what wages are included for each type of tax maintained
- Automatic Payroll calculation
- Pay one or selected employees
- Reopen last pay period
- Magnetic Media support for W2's & 1099's
- Flat percentage can be added to Employees to use in the calculation for supplemental wages.
- Gender, Race, and Title fields for employee files.
- Copy specific Payroll features or a range
- Pre-processed reports speed up reporting times
- Advance & Loan Features Linked to Recovery Feature
- Garnishment and Child Support Calculation and Alert System
- Healthcare Insurance Billing Reconciliation
- Scheduled Exclusion of Feature processing - (ie exclude bi-weekly payments for monthly invoiced amounts like medical and dental).
