May 292020
 

Many of our clients will soon be approaching the end of the 8-week “Covered Period” of Paycheck Protection Program Loans, and are working on understanding the PPP Loan Forgiveness application.

We anticipate that many of our clients will benefit from a convenient “package” of reports to help calculate loan forgiveness and provide 3rd party documentation.  Given the significant time required for us to generate hundreds of reports, we are asking our clients to “sign up” for a PPP Loan Forgiveness documentation package so that we can plan an efficient process and begin some of the work now before the 8-week periods end. 

The reports, which will include FTE calculations, employee rosters and excel and pdf payroll registers for needed date ranges in 2019 and 2020, will be uploaded to your ShareFile folder in the next few weeks.  Specific Covered Period or Alternate Covered Period reports will be run and uploaded later.

Clients who sign up prior to June 5 will get first priority and no additional fees.  Clients who do not sign up now will be able to sign up later, but we will work on them as time allows (no promises on how fast we can get you the information). Clients who need custom reports may incur additional fees.

Since payrolls and banking deadlines dictate our daily workloads, we ask for patience as we work to help you with your applications.

To sign up for the PPP forgiveness reports package, fill out this short form to add your company to the list.

 Posted by at 07:54

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