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AccountRight Plus and Premier, Australia only

Closing the payroll year will:

  • clear the payroll history from employee cards
  • prevent you from preparing payment summaries for the previous year using the Payment Summary Assistant
  • carry over entitlement balances that have the Carry Remaining Leave Over to Next Year preference set in the Entitlement Information window of the entitlement category
  • clear any entitlement balances that don't have the Carry Remaining Leave Over to Next Year preference set in the Entitlement Information window of the entitlement category
  • prevent you from editing or deleting pay amounts for the previous year.

 

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titleTo close the payroll year
  1. Go to the File menu, choose Close a Year, and then Close a Payroll Year. The Close a Payroll Year Assistant opens.
  2. Click Next and set the new payroll year details.
  3. Click Next.

  4. Click Backup and follow the instructions in the windows that appear.

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    Once the year is closed, detailed payroll information will no longer be available for editing. You should make a back up now, so that if you need to reprint reports or payment summaries you can restore the backup and complete those tasks.

  5. When you're ready to close the year, click Close the Payroll Year. The Conclusion window shows the details of the new year.
  6. When you're done, continue with Updating the PAYG tax tables.

 

 

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<h2><i class="fa fa-comments"></i>&nbsp;&nbsp;FAQs</h2><br>
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titleCan I rollback a closed payroll year?
If you've closed the payroll year by mistake or closed to many yearsit multiple times, you'll need to restore a backup created before you closed the payroll year.
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End of payroll year guide (PDF)

End of financial year guide (PDF)

Updating the PAYG tax tables

Closing a payroll year

help
Small Business
AccountRight
AccountRight 2017
Australia
New Zealand

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