Rolling a Payroll Financial Year

The rollover of a Payroll FY is different to that of the entire Financial Year, in that it is performed primarily for security and ease of data recall.

Once you’ve rolled over a completed Payroll FY, no further wage transactions can be recorded in that FY, nor can existing entries in that FY be edited.  Additionally all Year-To-Date totals for that Payroll FY are cleared.  All transactions and history screens will automatically display the current (new) Financial Year period. However Payment Summaries for that FY can be reprinted if required.

The Payroll FY must be rolled prior to rolling over the company Financial Year.

From the Accounting ribbon select Rollover Payroll FY from the EOFY button on the Utility group  and follow the prompts.