Product and Tax Updates
Reports & Tax Forms
Whether you are processing W-2’s, closing your year, or installing the latest release, we want to ensure that you have easy access to all of the information and resources available. This Year-end Center is packed with instructions and tips to help guide you through your Year-end activities.
How it works:
Click the links below to follow the Year-end checklist or use the navigation items found on the right side of your screen to get to the resources for that process. It's that easy!
Payroll, Fiscal and Calendar Year-End Checklists
Payroll Year-End checklist Use this checklist to guide you through preparing your Year-End payroll information. This section has information about which payroll reports to run and how to process your Federal and State forms including the W-2/W-3, 940, 941, and 1099/1096 forms.
Update Taxes and Benefits for New Year Articles to assist you on how to update your taxes and benefits for the new payroll year.
Financial Year-End Checklist
Closing the Fiscal/Payroll Year Recommendations
Purging Unnecessary Data: Purging is the process of removing inactive customers, vendors, employees, jobs, quotes, invoices, purchases, and so on from the records of a company. Purging reduces the size of the files of a company and frees valuable disk space for current and active data. In Sage 50, purging can be performed at any time, including after you close the fiscal year and/or close the payroll tax year using the Year-End wizard.