How to run payroll for periods in different years at the same time
Description
It is entirely possible to keep a salary in the old year, even if the end of the year has passed and you have moved on to the new year.
Go to the payroll settings for the company, and set the year and period counter (Year and month) to the last ended period in the old year + 1.
After the company is re-opened, you will, at the top of the screen, see that you have gotten a new period in the old year.
Run payroll for the period as normal. Take out reports and close the period.
Make sure you close the period for the previous year in the same way as normal using Close Month, but do not try to run another Close Year
To go over to the new year again, just go in and set the period counter on the company back to the correct period in the new year.
How to
To enter a salary for a previous year, go to Database> Maintenance> Organization and double-click on the company in question. Go to the Payroll page, and set the period counter (Year and month) to the last ended period in the old year + 1.
Turn on the option to “Exclude Fixed Entries” if the system is not to calculate any fixed payroll entries. These are entries that have Period From set in the Payroll | Entries screen of the individual persons.
Save and Close and the client will be re-opened.