Hello,
I'm new to the payroll module in Sage 100. Does anyone have best practice tips for quarter-end closing? Is it mandatory to close the module at quarter-end?
Any guidance would be appreciated.
-Andi
I am assuming you are on Sage PR v2018 or later. Is it MANDATORY? No. Is it a good business practice to close the quarter? YES!! Reports can be run for the prior quarter AFTER it has been closed.
It is HIGHLY recommended that you close the 4th quarter before running the first PR of the new year as the Quarter/YE close resets YTD totals and restarts deductions that may have maxed out.
Perfect. Thanks for the help!
View Document - Sage Knowledgebase
Documentation on PR year end and processing.
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