How do I perform the Year-End Payroll Close and move to the next Active Year?

Updated on Sep 03, 2019

POWERpay>>Year End Close>>Year End Close

The Year End Close is transparent to the user and is completed under a minute!

Process payrolls for the new Active Year as you normally would.

Introduction and Key Concepts 3

Organisation Setup 9

Set Up Payroll Codes 12

Statutory Deductions 14

Tax Allowance Breakdown 9

Pay Cycles 3

Business Rules 14

Positions 2

Employee Data 5

Payroll Processing: Cycle Changes 15

Payroll Processing: Employee Transactions 13

Process Payroll - Fixed Data Imports and Smart Entries 2

Payroll Run 5

Process Payroll - Out of Cycle 3

Reports 7

Statutory Reports 5

Payroll Adjustments 1

Year End Adjustments 1

Year End Close 7

Payroll FAQs 5