Sage 100

Client that is a family business is passing the torch to the next generation. They have a new FEIN. In discussing the transition all they want to do is run one last PR for April, copy the current company to the ""OLD"" company, reset PR to start from the beginning (new ID numbers so earnings/deductions/taxes start a new year). All other modules remain the same. Has anyone done something similar? Could I simply run the end of year close to purge the YTD data, then set the PR Options year/period back to 2016/2?

That's pretty much what I would do. You'll have to watch for check history and perpetual history. Might want to shut those off, roll them back as far as possible before you run that last closing. One thing you will want to check is the state reporting and possibly FUTA (I think). I know in MI, acquiring the employees of another entity will transfer rates for state unemployment. It also transfers the YTD maximum wages as well. In Sage, if you purge that YTD data, your earnings will reset and the state reporting would be incorrect. If there is not a bunch of employees, then you probably don't have to worry and those forms are simple. If there is a bunch of employees and you are using Aatrix for the filing, that could be something you need to address.

I think it used to be so easy, but now you have the PR_4X files used by AAtrix that will be an issue.

@KevinWesley - They are still verifying with the state agencies regarding unemployment. @BethBowers - Will check into that.