Osas Payroll Year End Procedures
1.
Complete final payroll for the calendar year.
2.
Print all end of quarter payroll reports
3.
Print all end of year payroll reports.
4.
Backup data files.
5. Create Last Years
Files (RUN THIS ONLY ONCE)
(RUN THIS FOR
EACH COMPANY)
PAYROLL
PERIODIC
PROCESSING
Periodic Maintenance
Select Year End
Do
not remove any histories. Leave all
fields blank
Clear/Sick
vacation time NO
If
prior year files exist enter Y to overwrite.
****************************
Periodic Maintenance ******************************
*
*
* Have you run the
following? *
* Earnings and
Deduction Report *
* Sick Leave and
Vacation Report *
* Quarterly Employer's
Tax Report *
* Quarterly Withholding
Report *
*
* 941 Worksheet *
* Department
Report *
* Copy to Backup *
*
*
*
*
* 1. Quarter End *
* 2. Year End *
* 3. Histories Only *
*
*
*
*
* Remove check history for items dated
before *
* Remove transaction history for items
dated before *
* Clear remaining sick/vacation time (year end only)? *
********************************************************************************
* *
**
Company H *******************************************************************
Exit OSAS
5.
Update tax tables ***(The rate
tables below are for illustration and should be confirmed with federal and
state tax publications. Federal tables should be updated in one company because
all companies share one table. The update should be done after the last payroll
for all companies.)
Payroll
File Maintenance
Tax Tables
EIC or EIC-A
EIC-B Earned Income Credit
FEDM Federal
Married
FEDS Federal
Single
FICA Fica and Medicare
SUTss or SUTssxxx State
Unemployment rates.
ss = State
xxx=Company Id
FEDM
Federal Married Tax Tables and Personal Exemption
(SEE CIRCULAR E TO VERIFY THE NEW RATES)
***********************************
PATX **************************************
*
Table ID FEDM Description Federal
Income Tax: Married Table *
*
Number of Cols 3 Column Length
12 Type N *
* Over ---
Base + % Over *
*------------
------------ ------------ *
* .00 .00 .00 *
* 11800.00 .00 10.00 *
* 31200.00 1940.00 12.00 *
* 90750.00
9086.00 22.00 *
* 180200.00
28765.00 24.00 *
* 333250.00
65497.00 32.00 *
* 420000.00
93257.00 35.00 *
* 624150.00
164709.50 37.00 *
*
99999999.99 4200.00 .00 *
*
*
*
*
*
*
* *
**
Company H ******************************************************************
FEDS
Federal Single Tax Tables and Personal Exemption
(SEE CIRCULAR E TO VERIFY THE NEW RATES)
***********************************
PATX **************************************
*
Table ID FEDS Description Federal
Income Tax: Single Table *
*
Number of Cols 3 Column Length
12 Type N *
* Over ---
Base + % Over *
*------------
------------ ------------ *
* .00 .00 .00 *
* 3800.00 .00 10.00 *
* 13500.00 970.00 12.00 *
* 43275.00 4543.00 22.00 *
* 88000.00
14382.50 24.00 *
* 164525.00
32748.50 32.00 *
* 207900.00
46628.50
35.00 *
* 514100.00
153798.50 37.00 *
*
99999999.99 4200.00 .00 *
*
*
*
*
*
*
**
Company H ******************************************************************
FICA
Oasdi,
Medicare and Minimum Wage.
(SEE CIRCULAR E
TO VERIFY THE NEW RATES)
***********************************
PATX **************************************
*
Table ID FICA Description OASDI and
Medicare Tables *
*
Number of Cols 6 Column Length
12 Type N *
* Employee
FICA Employer FICA Min. Wage DCB Limit
*
*------------
------------ ------------ ------------ ------------ ------------*
* 6.20
132900.00 6.20 132900.00 7.25 5000.00*
* 1.45
99999999.99 1.45 99999999.99 .00 .00*
* .00 .00 .00 .00 .00 .00*
* .00 .00 .00 .00 .00 .00*
* .00 .00 .00 .00 .00 .00*
* .00 .00 .00 .00 .00 .00*
* .00 .00 .00 .00 .00 .00*
* *
*
*
**
Company H ******************************************************************
SUTss
or SUTssxxx
State Unemployment Rates.
ss=State Code xxx=Company Id
***********************************
PATX **************************************
*
Table ID SUTGAH
*
Number of Cols 2 Column Length
12 Type 3 *
*Percent Limit
*
*------------
------------
*
* 5.400
9500.000
*
* .000 .000
*
* .000 .000
*
* .000 .000
*
* .000 .000
*
* .000 .000
*
**
Company H ******************************************************************
6.
State and local withholding tables
– If you need to update your state and or local tax tables, please let us know.
OSAS
Payroll Using Last Year’s Data
1. Printing
Prior Year Reports
From
a payroll menu press F9 to switch to last year files.
Print
selected reports
Exit
OSAS
2. Correcting
Prior Year Payroll Data
From a payroll
menu press F9 to switch to last year files.
Payroll
Payday Work
Manual Checks
Edit Register
Post Checks
Exit
OSAS