Follow the steps below:  

1. Set up Statutory Report Flags.  How do I set up Statutory Report flags?
2. Save Statutory information. How do I save Statutory Information?
3. Perform Year-End Close. How do I perform the Year-End Payroll Close and move to the next Active Year?
4. Print Statutory Reports. How do I print statutory reports?
5. Generate the Calendar for the new year. How do I set up the Calendar?
6. Generate Pay Cycles.  How do I set up Pay Cycles?

The Year-End Close procedure is designed to allow a smooth year-end close of the payroll information.  It must be run before using the payroll system in the new year. When the year-end close is run, the system:

1. Updates Payroll information to reflect the new year.
2. Prunes extraneous information from the database to create a leaner, faster-running payroll.
3. Updates the Active Year for the chosen pay group accordingly.

Before running the Year-End Close procedure, please ensure that the:

1. Database has been safely backed up before starting the year-end close procedure.
2. Payrolls are run and archived - the Pay Cycle Status Report can be used to verify this.