Payroll : Year-end Closing Procedures

 

Old Year – OldYear (Example – 2010)

New Year – NewYear (Example – 2011)

The following procedure is used for payroll regardless of fiscal year-end. To begin a year-end close, change the system date to December 31, OldYear. To perform a close in CertiflexDimension 10.1 from the System Manager, click File, and select Start New Period Files.

New year files must be created before employee checks can be printed or posted for NewYear. If you wish to delete inactive employees, you may do so during this process. Starting new year files creates a new set of payroll files. Files for the NewYear are ready for future processing. Files for OldYear retain all of the old year’s data. You can print any tax report or tax form (i.e. W2, W3, 940EZ, 941, etc.) for OldYear by changing the system date to OldYear.

 

 

 

 

 

 

 

 

 

 

 

 

 

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