2011 Review of CYMA Systems, Inc. — CYMA Payroll Software

CYMA - CYMA Payroll Software
800-292-2962
www.cyma.com

Best Fit: Firms or companies who use CYMA’s integrated applications for write-up, nonprofit accounting or general ledger, which has been rebranded as RedGear Accounting for users of the TaxWorks professional tax preparation system. It’s also a good fit for firms or companies who want an on-premises payroll application designed for quick data entry.

From the Sept. 2011 Review of Professional Payroll Programs

CYMA Payroll Software provides a complete solution for businesses of all sizes to process in-house payroll. Multiple modules are available and fully integrate with CYMA Payroll Software to allow all payroll

and human resource (HR) functions to be performed internally.

BASIC SYSTEM FUNCTIONS:

CYMA Payroll Software is typically installed on a local area network or standalone client computer. However, the application is also available as a CYMA-hosted service. The basic interface for CYMA Payroll Software is a hyperlinked webpage for all installation types. The system is navigated using traditional drop-down menus along with additional hyperlinked categories on the left side of the screen. Data-entry screens open in conventional pop-up windows that may be resized. Right-clicking blank areas on the window provides a number of shortcuts specific to that window. Search features are also on each data-entry screen to provide an easy way to find and enter specific information. Many data-entry screens may also be customized.

CYMA Payroll Software is flexible and may be adapted to any size business or payroll. Unlimited client files and companies may be processed with the system license. Employee payroll may be processed one employee at a time or in batches as a group. Time may be entered manually or imported using a variety of methods. After generating the payroll, administrators may view and alter individual paychecks prior to finalizing. Each paycheck may include any number of earning and deduction codes and contain tax withholdings for multiple states. Local taxes are supported by the application but need to be user defined and programmed, as the local tax tables and forms are not available as part of program’s payroll tax table updates. Direct deposit support is included and allows for an unlimited number of bank and investment accounts. Each direct deposit may be custom formatted to fit the requirements of the user’s bank account.

CYMA Payroll Software offers basic HR functions. Basic employee demographic information, including pay frequency, spouse and dependent information, hire dates, and complete pay rate history, including upcoming raises, may be entered and tracked. Default projects, job codes and departments may be set up, as well. A newly added HR module is available, which will expand these functions and integrate directly with the payroll and available employee portal modules.

REPORTING & MONITORING:

All federal and most state forms are included and will automatically populate as appropriate. Currently, only federal forms may be electronically submitted. A small transaction fee is assessed for each filing. All payments and state forms need to be filed through traditional paper methods. MICR encoding capabilities are included for users printing on blank check stock. CYMA is currently in the process of rolling out an electronic filing module that will process federal and state forms along with accompanying payments. This module is expected to be released in fall 2011.