EBMS Support Center > 2018 Year End Information

Year End Info

EBMS makes it easy to close the old year, open the new year, and update tax and payroll information. There is no need for a January 1 crunch to get the old year completed. Opening 2019 by mid-December ensures a smooth transition into the new year! 

As new tax and end of year information is released, we will be providing it on this page.

EBMS Version 7.9.224 or newer is required for the updates. To verify your EBMS version go to Help > About EBMS. If your version reads 7.8.nnn or older please contact Support@EagleBusinessSoftware.com as soon as possible. System requirements can also be found here.

- EBMS Support


FAQ'sFrequently Asked Questions


We will post updates as they are available.
- 12/28/18 - Payroll and Tax Update Released
- 12/14/18 - Electronic W2 filing available
- 10/30/18 - Closing a Year Tutorial Released
- 10/1/18 - Printable Checklists Updated

Closing Fiscal Year 2017 & Opening Fiscal Year 2019Other Module

 The fiscal year 2017 should be closed and the fiscal year 2019 should be opened in December of 2018.  This only applies if your business operates on a calendar year.

Step-by-Step Instructions:
Closing an Old Year and Opening a New Year

Print Checklist Watch Tutorial
1099 & W-2 FormsOther Module

1099 & 1096 FormsStep-by-Step Instructions:
Overview
Print 1099 Forms

Print W-2 Forms

Forms will be updated once available. E-Filing utilities are available.
Order Forms
Closing Payroll Year 2018 & Opening Payroll Year 2019Other Module

Year End ProcessesUse the checklist below to guide your end of year payroll processes including processing bonus pay periods, opening year 2019, updating tax tables, and preparing W-2's.

Step-by-Step Instructions:
Bonus Pay Periods
Closing the 2018 Payroll Year
Year End Payroll Adjustments
Print Checklist
2019 Payroll & Tax UpdateOther Module

Payroll Tax Update The 2019 Payroll and Tax Update is now available to download!

*Login Required


Step-by-Step Instructions:
Payroll Tax and Forms Update


Download
Inventory ReconciliationOther Module

Use this checklist to make sure your inventory is reconciled before the end of the year. 

Guidelines for Year End Inventory Reconciliations




Related Links

Contact EBMS Support if you have problems or questions with any of these processes.

NOTICE: This web page and its contents are subscription plan benefits and are only intended for your company. This includes the payroll tax updates and any other information downloaded from this website. Any other use is prohibited. All procedures and checklists are suggestions only and may not apply for your business.