End-Of-Period Update (PRU890)
Use this program to close the current payroll period, quarter or year.
The payroll period is closed by these processes:
- Removing period, quarterly and/or yearly QTD and YTD employee data.
- Removing period, quarterly and/or yearly unemployment information.
- Removing period, quarterly and/or yearly department history.
- Removing past employee history information.
- Incrementing the current period, quarter and/or year.
- Updating the date of the last end-of-period update.
All programs (reports) utilizing the employee history file, the workman’s comp file, or the department history file should be printed prior to using the End-of-Period Update. Those programs (reports) include, but are not limited to the:
- Period Earnings/Deductions Report
- 941 Print
- W-2 Information Capture program
- Unemployment Report
Click field descriptions for information on each field.