Wiki source code of Preparing Payroll for the New Year
Last modified by Andrew K on 2025/12/31 20:50
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| 1 | **Before processing your first payroll in January:** | ||
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| 3 | * Go to the **"File"** menu and select **"Backup"** to create a backup of your company. | ||
| 4 | * Click on **"Check for Updates"** on the main **"Payroll Navigator"** screen and install any updates that are available. | ||
| 5 | * If you are asked for a password during the update, __enter the password for the computer__. | ||
| 6 | * If you have your new State Unemployment Rate, go to **"Payroll Items"** and double-click on your** "State Unemployment" **and **enter the new rate for the year**. | ||
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| 8 | If you have not received your new State Unemployment Rate, it can be entered when you receive it and be retroactively applied to paychecks for the year. | ||
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| 10 | * [[Unemployment Rate Applied To Checks>>doc:Mac.Year-End ».Unemployment Rate Applied to Checks .WebHome]] | ||
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| 12 | ---- | ||
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| 14 | == Related Pages: == | ||
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| 16 | === [[Paychecks and Reporting>>doc:Mac.Year-End ».Paychecks and Reporting .WebHome]] === | ||
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| 18 | FAQ: If a pay period ends Dec 31st and the check date is Jan 2nd, is it a check for last year and reported as such? | ||
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| 21 | === [[Verifying New Tax Tables>>doc:Mac.Year-End ».Verifying New Tax Tables .WebHome]] === | ||
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| 23 | Read on how to verify tax tables if they have been installed. | ||
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| 26 | === [[Updating the Payroll Program>>doc:Mac.Year-End ».Updating the Payroll Program .WebHome]] === | ||
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| 28 | FAQ: Do I need to have all of my Federal and State Reports done prior to updating my payroll program? | ||
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| 31 | === [[Year-End Checklist>>doc:Mac.Year-End ».Year-End Checklist .WebHome]] === | ||
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| 33 | Learn more about the Year-End Checklist. |