This procedure allows you to complete yearly tasks in Payroll.
After the final pay period for the year has been completed and before the first payroll in the new calendar year has been done, the following procedures must be completed.
Perform the Monthly Procedures for the last month of the year.
Perform the Quarterly Procedures for the last quarter of the year.
Do the Labor Purge for all pay periods. (PAY-3-15)
Do the Payroll Purge for all pay periods. (PAY-3-16)
Print the IRS W-2’s. (PAY-4-3-4)
Perform the YTD Initialization. (PAY-3-13)
Note: The above procedures must be completed prior to beginning a new payroll year. If these procedures can not be performed prior to the first payroll of the new year, please call LMS. The old year’s data can be copied into a different user group. The current end-of-year procedures can then be completed and the new year’s payroll begun. You can log into the “new” user group to finish the previous year’s payroll and print the W-2’s.
Please call La Crosse Management Systems, Inc. if you have any questions. We appreciate your calls. (608) 784-8400.