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End of financial year payroll requirements – Xero Central.Payroll period-end – Xero Central |
- Xero end of financial year payroll
Email address:. If so, you can probably relate to other employers who get swamped with various financial year-end obligations. As the current payroll year draws to a close, you need to give attention to important matters like payment summaries and the annual report. How do you avoid getting overwhelmed with these duties? First off, commit these deadlines to memory:. For starters, is the wages information correct?
You can check this by comparing the payroll data with the general ledger to make sure they match. Next, run the General Ledger Report. Select the financial year and sort it by account name.
Do this using the following table to see how your payroll data checks out. Check your Pay Run History to find the pay run with the error and process an adjustment. Just follow the steps detailed below:. Go to Payroll, then click Employees. Click Payment Summaries. Select if you are an agent lodging this information on behalf of another business. You can invite your employees to My Payroll.
Or you can simply email them the report or print it off as a PDF. Contact us for more tips on getting the most out of Xero. Does your business have employees? Xero is, once again, here to help! Balances not matching up? Just follow the steps detailed below: 1.
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