Complete Resources For Your Construction Year-End Processes: On Tap!

Straight from our Trimble Viewpoint product managers, here are a few helpful tips and reminders and you prepare to tackle your 2022 year-end processes:

• Recon your Reconciliations: You should take a good look at your reconciliations and make sure they are up to date. Keeping them current is one of the best things you can do to prepare for Year End!
• Review the Quarterly Federal Tax Report for Large Fractions: If there is more than $5.00 noted on your Adjustment of Social Security & Medicare taxes line (fraction), you may have some rounding issues that could likely have been caused by ARPA (American Rescue Plan) or FFCRA (Families First Coronavirus Response Act) items. Not to worry, though: your Trimble Viewpoint support teams can help you navigate this.
• Get Your 1099 Vendor Information Now: You need their SSN or Tax ID in addition to their name and address. Run the Vendor 1099 Listing for all vendors without Tax ID or SSN. Also, be sure to order your 1099 forms!
• Keep Your ERP system current with the latest updates and processes: If you're a Trimble Construction One customer or in a hosted cloud environment, this won't be an issue. But if not, you'll want to make sure your system is up to date to handle the latest processes.

Trimble Viewpoint experts can help customers navigate these issues and more to make their year-end processes a breeze rather than a burden (more on additional resources below).

"As accounting professionals in construction, year-end processes are something that aren't part of your daily activities. You're only doing these, well, once a year," said Geoff Falk, senior product manager for Trimble Viewpoint's Spectrum solution." So it's normal not to remember every little detail and step. That's why we do everything we can to simplify these processes--from webinars and step-by-step guides, to technology automation, live resources and beyond. We partner with our clients and are invested in their success."

For more help and support with 2022 year-end processes, check out this series of webinars for our Vista, Spectrum and ProContractor clients that address key 2022 year-end questions, walk through solutions and explain how to best leverage your software solutions to ease your 2022 closeout burdens.

Here are the available webinars and dates. Click on any link to register and save your seat:

Spectrum Year-End Webinars:

• Spectrum - Preparing for 2022 Year-End - Dec. 13 at 11 AM PT
• Spectrum - Processing for 2022 Year-End - Jan. 11 at 11 AM PT

Vista Year-End Webinars: 

• Vista ACA Processing for 2022 Year-End - Nov. 16 at 11 AM PT
• Vista Payroll W-2 Processing for 2022 Year-End - Dec. 6 at 11 AM PT
• Vista Payroll Leave Reset for 2022 Year-End - Dec. 13 at 11 AM PT
• Vista AP 1099 Processing for 2022 Year-End - Dec. 14 at 11 AM PT

ProContractor Year-End Webinars:

• ProContractor Payroll for 2022 Year-End - Dec. 8 at 11 AM PT
• ProContractor AP 1099 Processing for 2022 Year-End - Dec. 15 at 11 AM PT
• ProContractor Payroll for 2022 Year-End - Jan. 10 at 11 AM PT

Beyond our in-depth year-end process webinar series, take a look at these additional resources to answer your questions or help facilitate your own year-end tasks. Look for specific year-end resource pages and customer portals for your specific ERP solution.

Spectrum:

• Spectrum 2022 Year-End web page

Vista:

• Vista 2022 Year-End web page

ProContractor:

• ProContractor 2022 Year-End web page

The Network, our user community, also has a dedicated 2022 Year-End channel that will be filled with resources, webinar registration opportunities, and year-end discussions. Not a member yet? Join today!

Other General Year-End Process Information:

Here are some additional resources, or reach out to your tax professional(s) for more information or assistance.

• About Form W-2, Wage and Tax Statement
• SSA Specifications for Filing Forms W-2 and W-2c (EFW2/EFW2C)
• 2021 Form 1095-C - IRS

If you have any other questions or anything you couldn’t find an answer for, feel free to contact us. We’re here to help your transition into 2022 be as seamless as possible.