Labor Union finance and accounting professionals understand the importance and time-consuming process of the reporting of the annual LM-2 to the Department of Labor. LM-2 on Sage Intacct is an integrated module for your deployment of Sage Intacct, configured to meet your unique organizational requirements. This module streamlines the full cycle that supports the creation of your LM-2 reporting; from data entry, tracking, and file generation for submission to the Office of Labor-Management Standards (OLMS).
Key Benefits:
This product allows your Sage Intacct users to tag AP bills, AR invoices, and expense report entries, with specific defaults or overrides to track against any of the following LM-2 schedules:
• Schedule 14 - Other Receipts
• Schedule 15 - Representational Activities
• Schedule 16 - Political Activities & Lobbying
• Schedule 17 - Contributions, Gifts & Grants
• Schedule 18 - General Overhead
• Schedule 19 - Union Administration
• Schedule 20 – Benefits
In addition to easily tracking AP and expense transactions against the appropriate schedules, the LM-2 on Sage Intacct module automatically generates the appropriate file layout in either CSV or XML required by OLMS for submission.
Requirements:
Using this integration also requires that you purchase Sage Intacct Platform Services.
Price:
Variable
Integration Approved Countries:
United States
About:
Wipfli is a leading national advisory and accounting firm with nearly 100 years of experience serving ambitious middle-market organizations. We understand our clients’ unique challenges and help them succeed on their terms through assurance, tax, advisory, outsourcing and technology services. With 3,000+ associates and global alliances, we combine national capabilities with local relationships. Wipfli operates under an alternative practice structure: Wipfli LLP, a licensed CPA firm, provides attest services, while Wipfli Advisory LLC, a non-CPA firm, delivers business advisory and non-attest services. Learn more at wipfli.com or contact Alicia O’Connell at alicia.oconnell@wipfli.com.