All,
As per Microsoft following are steps to for payroll Year End
-
- Verify that you have installed the latest 2011 tax update
- Complete all pay runs for the current year
- (Optional:) Complete all monthly and quarterly payroll month-end, period-end, or quarter-end procedures for the current year
- Make a backup of the original file
- Install the 2011 year-end update
- Create the year-end file
- Make a backup of the new file
- Verify W-2 and 1099-R statement information
- Print the W-2 statements and the W-3 Transmittal form
- Print the 1099-R forms and the 1096 Transmittal form
- (Optional:) Create a W-2 Electronic File
- (Optional): Archive inactive employee Human Resources information
- Set up fiscal periods for 2012
- (Optional:) Close fiscal periods for the payroll series for 2011
- Install the payroll tax update for 2012
Question :
Can anyone please tell me is it okay to print w2 form after payroll Tax Update for 2012 i.e. after step 5,6 and 15 ? Or I need print W2 form before Installing Payroll Tax Update i.e. after 5 and 6?
I think we can print w2 after step 15 but prior to that need to create ye Year-end file i.e. step 6
Your earliest reply is highly appreciable.
Thanks
Sandip
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