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This page is currently being edited by {{ model.editingBy }}.SmartFusion Modules > Payroll > Process> Close Payroll Period
Recent Change
6.235 - Updated process for when "Automatically reset balance at year end" is selected for the deduction and "Month, Quarter & Year" is selected for the period. The process will update the balance to the ceiling amount for the deduction.Introduction
This screen will update the current payroll cycle by performing key tasks including removing EIC records, incrementing month, quarter, year, and fiscal year values, and clearing ceiling balances and amounts.
Report Options
- Select period to process - Fiscal year only, Month & Quarter, Month only and Month, Quarter and year.