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.

• Reduce manual time and effort
• Automate a time-consuming process
• Tag transactions appropriately
• Leverage industry best practices
• Integrated with your Sage Intacct solution!

System Requirements:
Sage Intacct Platform Services

Price:
Variable

Integration Approved Countries:
United States;