Each quarter, many Minnesota employers are required to submit a Quarterly UI Wage Report. This report requires information for each employee: their name, their Social Security number, gross wages, and paid hours worked. The wage detail must also report the number of full- and part-time employees during the payroll period. The Quarterly UI Wage Report is essential for properly calculating and reporting Minnesota Unemployment Insurance. To that end, if you fail to include all employee information or incorrectly complete the report, you will be subject to a service fee for each incorrect employee. Making a mistake here can result in hundreds of dollars in fines.
Minnesota Unemployment Insurance, however, is not as confusing as you might think. All you need is a well-managed and up-to-date database of employee information—the rest is simple. Unfortunately, finding a storage software to address this need can be difficult. You want software to store employee information and payroll software data—gross wages and paid hours works. This is the exact function of AMS Payroll. Read on to find out how our simple payroll software can expedite and streamline your Minnesota UI process.
If you’re unsure if you need to pay Minnesota UI, see the Minnesota Unemployment Insurance website’s Definition of Terms page.
AMS Payroll for Minnesota Unemployment Insurance
AMS Payroll Software is not your standard payroll software. The built-in data management tools provide support for quarterly and end-of-year reporting, tax form preparation, and electronic filing. The software will automatically generate withholding taxes and store necessary payroll-related data. This information is then easily applied to your Quarterly UI Wage Report; AMS Payroll can export data to a Tab—Delimited Text File and QuickBooks General Journal. Additionally, in automatically calculating federal, state, and local payroll taxes, the software allows you to electronically file 941, 944, and 940 forms.
In addition to functioning as a UI data warehouse, AMS Payroll also performs necessary payroll jobs. We offer check printing support for over thirty types of checks, as well as direct deposit processing. You can print checks individually or by date range. Additionally, users can create up to forty user-defined fields to allocate specific deductions/additions, such as 401K and health insurance. AMS Payroll is the kind of paycheck calculator your small business needs. This module and our entire product catalogue built on our platform software.
Additional Minnesota Form Support
Advanced Micro Solutions is more than AMS Payroll. We have a variety of helpful software products designed to make your accounting processes easier. We also support several Minnesota-specific forms for fast and easy filing. Below, we have listed the state forms in which you may be interested.
Included on both AMS Payroll and our Forms Filer Plus—
- DEED-1; Unemployment Quarterly Tax Report
- JD1; Wage Listing
Included only on Forms Filer Plus—
- MW-1; Quarterly Withholding Tax Return
If you love our software (and we’re sure you will), you may be interested in our full catalogue. All offered products are listed below.
Don’t struggle through another quarterly tax season. Get ahead of the process by purchasing AMS Payroll today.