How do I close a payroll period?

Summary

The following article explains how to close off a payroll period. This procedure must be followed when you have completed a period and you would like to move into the next one. Please ensure you have run all the necessary reports and printed the payslips before proceeding.

Details

Get into "Payroll" -> "Run Payroll Period".

• Click [OK] at the "Payroll Selection" window which opens the period you about to close.

If you run more than one frequency i.e. a Monthly and a Weekly payroll, you must first select the period you would like to close by selecting [Yes] alongside the appropriate "Payroll Frequency" e.g. 'Monthly'.

• Make sure you have produced any "End of Period" reports you need.
• Press <F2> to "Close Current Period".
• A box will pop up asking you to be sure you wish to close the current period. Click [Yes] to proceed with closing the period.

This closes the period and moves you into the next one.

Feedback

Thank you for using our Knowledge Base, we value your feedback. Did you find this article useful? 'Yes' or 'No'

Keywords AND Misspellings

Close, Closing, Payroll, Period