| NOTE:
The Year-End Procedures
and Payroll Tax information
documents listed in this site are both available as
Adobe Acrobat documents on
our "Year-End Downloads" page in the event
that you wish to save or print this information.
Year End Procedures
The year-end procedures are listed separately for CONTRAC2, MCMS and VanS,
including an outline of the steps required for both Calendar Year End Closing (12/31) and
Fiscal Year Closing (which may or may not be the same). Procedures are listed for all
applications. If you have not purchased the application listed, or you are not using the
application, you do not need to do anything for that application (the exception to this is
General Ledger). Applications are listed in the recommended order of
completion. For more detailed instructions, please refer to the User Documentation
Procedures Section of each manual.
If you print the W2 Forms from the Payroll system, the W2 programs
have changed for the
tax year 2007. Please review the "Payroll
Tax Information" Page for important information regarding the W2
Forms.
If you print Form 1099 from the Accounts Payable system,
there are
no
format changes for the
tax year 2007, but you should review the 1099 form
information documents posted below and on the "Year-End Downloads"
page.
You should run a complete system
backup before doing any Year-End Processing!
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