Error: “Managed exception was caught…” opening Sage-Maintained Formulas

Error: “Managed exception was caught…” opening Sage-Maintained Formulas

Support Team Asked on January 6, 2018 in Sage.
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    Section I:  Replace TAXTABLE.DAT by re-running the tax update

    1. Close Sage 50
    2. Verify the error no longer persists

    Section II:  Replace TAXTABLE.DAT via file-replacement from a backup

    1. Close Sage 50
    2. Open Computer or My Computer and browse to the data path. 
    3. Right-click on TAXTABLE.DAT and rename the file to OLDTAXTABLE.DAT
    4. Open the Updates folder and double-click the most recent tax update
    5. Follow the on-screen instructions to install the update
    6. Reopen Sage 50
    7. Verify that the error is not received when opening Sage-Maintained formulas, and that payroll now calculates.

    Source: Sage Community forums.

    Disclaimer: Sage Accounting Solution is an independent provider of Sage Related services and is not affiliated with Sage.

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    Support Team Answered on January 6, 2018.
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