AccountRight Plus and Premier, Australia only
You must close the payroll year in the last month of your payroll year or soon after. Otherwise, you won't be able to enter pays for the next payroll year.
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What you need to do
Do the following tasks to close your current payroll year and start a new one.
|1||Enter all pays for June.|
Review at least the following two payroll reports to make sure the payroll transactions entered for the year are correct:
Unless you started using the payroll features part way through the payroll year, the totals of these reports should match. If these reports are different, it means the Pay History in an employee's card has been edited.
|3||Prepare payment summaries|
|4||Close the payroll year|
|5||Update the PAYG tax tables|