No. Income is calculated based on when it is paid, not when the hours are worked. Once you have completed the last payroll with a check date in December, you can complete your Payroll Year End steps.

No, you do not have to print your W-2s by December 31st. You will need to create your year-end file after processing your last payroll with a December check date. Creating this file will contain all of your W-2 information, allowing you to print W-2s in January, at your convenience.

Yes, you can process your first payroll in January, as you need to. SimpleCity will only include checks dated in the ending year in the Year End file.

However, if it is also your fiscal year end, you will not be able to update your payroll to General Ledger until the General Ledger fiscal year end has been rolled.

Keep in mind that you may need to enter pay raises or make changes to deductions before starting the first payroll of the new year.

W-2s print taxable wages which are different from gross wages. Your gross wages are how much an employee is paid before any pre-tax deductions, such as pensions or insurance. You can print a Tax Totals report for any employee to help explain to the employee that the W-2 is reporting correctly.

Change the address in Employee Setup. Then create the Year End File again.

No, you do not have to print your 1099s before December 31st. You will need to roll totals in Accounts Payable before you can enter any invoices for the new calendar year. You will still be able to post invoices to your current year. SimpleCity will automatically add invoices dated in the current year to the appropriate totals, while still allowing you to enter invoices into the new calendar/fiscal year.

You can always post back in SimpleCity. Our system will automatically recalculate your previous calendar year purchases.