p Run and post the final payroll for the year that you are closing. This includes all checks dated in
        that year.

p     Reconcile employee totals.   How?

p Reconcile payroll tax totals.   How?

p Reconcile Payroll to General Ledger.   How?

p Print management reports.

p Make a backup of your entire database, if you haven't already done so.   How?

p If needed, install year end software update. 
        How? 

p Customize the T4 format, if necessary.    How?

p Generate T4s (before or after closing the year in Payroll).   How? 

p Close the year in Payroll.   How?

p Create an annual archive after completing your calendar-year processing. This archive can be used for restoring data or reporting purposes.
      How? 

p (Optional) Perform file maintenance.   How?

In January, prepare for the first payroll of the new year. 

p Download and update taxes for the new year.   How? 
        Note: Only install taxes after you have posted all cheques for the year that you just closed. 

p If necessary, modify personal tax credit amounts.