End Of Year Payroll Process - Rolling over to the Next Financial Year for NZ

This facility is used to close the NZ Payroll financial year. Running the year‑end process copies all current‑year payroll data into the “Last Year” payroll tables and prepares the system for the new financial year.

During this process, the system archives the current year’s payroll information and resets the relevant accumulators so that new‑year values begin at zero.

WARNING: The payroll financial year close is irreversible. Once completed, the current‑year payroll data is archived and the current‑year tables are cleared. Ensure all pay runs, adjustments, and reporting for the financial year are fully completed before proceeding.

Rolling to the Next Financial Year

Take the menu option: Payroll > Period End. The screen will be populated with default options. It is recommended that you use the default options.

NOTE: You cannot roll over Payroll into the new financial year by using the Period End Processing function. This must be done in the Payroll Module