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January 2019
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Volume 31, No. 1
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Reminder
The GMS Offices will be closed December 31, 2018, and January 1, 2019. |
Accounting .net Software Revisions
Accounting .net Software Revision 2.3.43.113 was released on Thursday, December 27. It is very important that you install this revision as soon as possible as this revision contains the new payroll tax rates for 2019. The Federal Tax Tables have changed along with the FICA maximum. State tax tables have also changed for CA, GA, IA, KY, ME, MO, NC, NM, NY, OH, and SC. If state tax tables have changed for your state but it is not listed here, please let us know as soon as possible.
If you have not yet installed revision 2.3.42.112 which included changes for W-2s and 1098s, you no longer need to install it as all changes in that revision are included in this revision 2.3.43.113.
If you have not yet installed revision 2.3.42.112 which included changes for W-2s and 1098s, you no longer need to install it as all changes in that revision are included in this revision 2.3.43.113.
RLSS Software Revisions
RLSS Software Revision 1.1.1.16 was released on Thursday, December 20. You will need to be certain to install this revision before you print your 1098 forms as the IRS has made changes to the boxes that information is printed in.
Some of the highlights in this revision are:
Some of the highlights in this revision are:
- Many changes/updates to 1098s including the option to set up an Optional Master Field to enter the number of properties securing a mortgage, if more than one, and this will automatically populate the 1098 form.
- Loan List View has two new columns added. These are Social Security Number and Federal ID number. You can sort these columns by clicking on the column heading to quickly locate multiple loans to the same person or business.
- Access to Chat has been added to the Help Menu. Chat is an online chat room designed for quick, easy questions. If your question is more involved, you will be asked to place a service call for assistance.
- Direct Deposit Repayment Withdrawals now has the option to create the file in PPD, CCD, CTX or CTP formats.
Service Orders Via Email
As you know, GMS strives to provide the best possible service and support to our clients. To help us manage our service, we record all service calls from clients and our responses in our client tracking system. In order to make sure everything is recorded and nothing is overlooked, please make sure that if you send an email about a service issue it is sent to service@gmsactg.com. This will assure it is logged in properly. Even if you have been working with a particular Service and Support Staff regarding an ongoing issue, please send the email to the above address rather than directly to GMS staff. Feel free to reference in your email that you have been working with a particular person. This will help us provide the best service possible. Thank you.
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Congratulations Kim Cosentino!
We at GMS are delighted to announce the promotion of Kim Cosentino to the position of Director of Software Technical Support effective December 1.
Kim states “I’m extremely excited about my new position at GMS as Director of Software Technical Support. As a member of the service and support team for over 21 years, we have gone through many changes with the development of the software and the service and support team have been resilient, diligent and persistent in providing the level of quality service and support our GMS clients deserve and have become accustomed to. As I take on this new responsibility, I am looking forward to working with the service team to continue that trusted level of support." |
Retirements
Dora Young, Fiscal Manager from KYOVA Interstate Planning Commission in Huntington, WV, recently retired. Danielle Slusher replaces Dora.
Dave Cook, Finance Director at Rankin County Human Resource Agency in Brandon, MS, retired on December 28, 2018. Kay Sweeney is the new Finance Director. We wish Dora and Dave a happy retirement! Welcome Danielle and Kay! |
We're excited to announce NEW training events have been added to our schedule for 2019!
Registration is now open for all TEN events! We anticipate all "in-person" events will sell out,
so please register as soon as you are able. Space is limited.
Registration is now open for all TEN events! We anticipate all "in-person" events will sell out,
so please register as soon as you are able. Space is limited.
ANNUAL SUMMITS
The GMS Annual Summits are known to be the best learning opportunity for both GMS Accounting and GMS RLSS clients.
The most topics in one location, the best instructors and the greatest attendees!
GMS Accounting Summit 2019
The 34th Annual Financial Management Conference for Nonprofits
May 19 - 22, 2019
Marriott Myrtle Beach Resort and Spa at Grand Dunes
Myrtle Beach, South Carolina
GMS RLSS Summit 2019
May 23 - 24, 2019
Marriott Myrtle Beach Resort and Spa at Grand Dunes
Myrtle Beach, South Carolina
The GMS Annual Summits are known to be the best learning opportunity for both GMS Accounting and GMS RLSS clients.
The most topics in one location, the best instructors and the greatest attendees!
GMS Accounting Summit 2019
The 34th Annual Financial Management Conference for Nonprofits
May 19 - 22, 2019
Marriott Myrtle Beach Resort and Spa at Grand Dunes
Myrtle Beach, South Carolina
GMS RLSS Summit 2019
May 23 - 24, 2019
Marriott Myrtle Beach Resort and Spa at Grand Dunes
Myrtle Beach, South Carolina
GMS ROAD SHOW
GMS is going on the road in 2019 to bring intensive training on our top subjects! Join us in March at our first stop in Charlotte, North Carolina, where we will offer training on Cost Allocation. In August we will be rolling up to our next stop in the always fun and lively San Antonio, Texas, for Year End training. Then the last stop on our Road Show Tour will roll around in October and find us in the always beautiful and sunny St. Pete Beach, Florida for a trifecta of training on Payroll, Accounts Payable and W2's. Join us at more than 1 stop and receive great discounts!
Stop #1: Charlotte, NC - March 14, 2019
Stop #2: San Antonio, TX - August 8, 2019
Stop #3: St. Pete Beach, FL - October 10, 2019
GMS is going on the road in 2019 to bring intensive training on our top subjects! Join us in March at our first stop in Charlotte, North Carolina, where we will offer training on Cost Allocation. In August we will be rolling up to our next stop in the always fun and lively San Antonio, Texas, for Year End training. Then the last stop on our Road Show Tour will roll around in October and find us in the always beautiful and sunny St. Pete Beach, Florida for a trifecta of training on Payroll, Accounts Payable and W2's. Join us at more than 1 stop and receive great discounts!
Stop #1: Charlotte, NC - March 14, 2019
Stop #2: San Antonio, TX - August 8, 2019
Stop #3: St. Pete Beach, FL - October 10, 2019
GMS WEBINARS
GMS webinars are designed to train attendees on specific functions within the GMS Accounting and Revolving Loan Servicing Systems. Presenters walk through tasks, and highlight features that help give you the confidence needed to complete assignments easily and efficiently.
Loan Activity and Adjustments
GMS - Revolving Loan
Wednesday, February 20, 2019
Importing Options
GMS - Accounting
Wednesday, April 24, 2019
Month End Basics
GMS - Accounting
Wednesday, June 19, 2019
Audit Preparation Tools
GMS - Accounting
Wednesday, August 21, 2019
HR Law: Employees with Health Problems - Your Legal Obligations
General Nonprofit Webinar
Wednesday, October 23, 2019
GMS webinars are designed to train attendees on specific functions within the GMS Accounting and Revolving Loan Servicing Systems. Presenters walk through tasks, and highlight features that help give you the confidence needed to complete assignments easily and efficiently.
Loan Activity and Adjustments
GMS - Revolving Loan
Wednesday, February 20, 2019
Importing Options
GMS - Accounting
Wednesday, April 24, 2019
Month End Basics
GMS - Accounting
Wednesday, June 19, 2019
Audit Preparation Tools
GMS - Accounting
Wednesday, August 21, 2019
HR Law: Employees with Health Problems - Your Legal Obligations
General Nonprofit Webinar
Wednesday, October 23, 2019
Off-Site Accounting Services Available
GMS offers a wide variety of off-site services for our clients. Two of the more popular ones are year-end assistance and training on a specific feature or procedure in GMS. However, there are also other areas in which we may be of assistance. As you know, bank reconciliations being done timely are critical in order to produce accurate financial reports. Other accounts on the Balance Sheet are not to be taken lightly either. Not having your Accounts Payable Analysis reconciled to your General Ledger or not knowing the detail behind any asset or liability account on your Balance Sheet can have a dramatic impact on your financial reports.
One of the services we offer is to reconcile these accounts for your agency. We know that there can be a variety of reasons that these reconciliations may have gotten behind. Why not let us help you get current with your procedures? We are also available to create some of the more involved Report Writer exercises for you. Don’t wait until your fiscal year ends to request these services.
Should you require off-site assistance in any of these areas, please contact us at service@gmsactg.com to schedule these services.
One of the services we offer is to reconcile these accounts for your agency. We know that there can be a variety of reasons that these reconciliations may have gotten behind. Why not let us help you get current with your procedures? We are also available to create some of the more involved Report Writer exercises for you. Don’t wait until your fiscal year ends to request these services.
Should you require off-site assistance in any of these areas, please contact us at service@gmsactg.com to schedule these services.
Welcome to the Marriott Myrtle Beach Resort & Spa at Grand Dunes
Home of the 2019 GMS Summits!
Home of the 2019 GMS Summits!
Discover a tropical oceanfront retreat at Myrtle Beach Marriott Resort & Spa at Grand Dunes. Located just steps from the ocean on North Myrtle Beach, our family resort features spacious guest rooms with luxury amenities - many with private balconies, ocean and beach views. Savor delicious cuisine at the resort in the various restaurants. Stay fit in the complimentary fitness center and relax in the indoor and outdoor pools. Indulge at Hibiscus Spa, featuring a full menu of wellness services. Explore the area, from championship golf courses at Grand Dunes and Barefoot Landing, to the famous Boardwalk, The Pavilion and nearby attractions. Attendees of the GMS Accounting and/or RLSS Summit will appreciate 45,000 square feet of event space with superb catering services. You will find this beach resort offers the ideal blend of comfort, convenience and luxury to make your oceanfront stay truly remarkable.
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| January 2019 GMS Newsletter Articles.pdf |
Simple document for printing purposes.
