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Year End Roll Over

Created on  | Last modified on 

Summary

In Sage Payroll the Year End roll over process is a quick and simple process. This guide will take you through each step.

Description

CAUTION:

You will NOT be able to roll over to the new year before the 2025 - 2026 tax tables have been released as yet. The budget speech will be held on the 19th of February 2026 and the tax tables should be tentatively released on the evening of the 26th of February 2025.  You will ONLY be able to roll over into March on the 27th of February 2025.

 

Resolution

NOTE:

View our video here.

 

CAUTION:

Once you have rolled into the March Period you will not be able to Roll Back to the previous tax year. Please ensure that you have completed the following before rolling over. UIF Declaration was generated and report is Printed. Any employees that need to be terminated in this period is terminated before rolling over.

 

TIP:

We advise that you ensure that you have cleared all your validations before you continue with your Roll over process, our clearing company validation guide can be found here, our clearing employee validation guide can be found here.

 

  1. Click on the Current Period option on the black menu bar.
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  2. Select Roll Over, the below screen will appear.
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  3. Read through the information on this screen and click on Continue if you wish to continue.
  4. Click on Finish.
  5. The below message will appear advising you that the process is irreversible, if you have completed everything that needed to be done in February you can click on OK.
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    TIP:

    If you have not terminated employees or generated your UIF Declaration click on Cancel and finalize these processes first before attempting the roll over again.

     
  6. You will now enter the March period and can continue as per normal.

After entering the new tax year, you will be able to revert back to the previous tax year in order to generate your export file, do certain financial adjustments and print certain reports. The system automatically creates this previous tax year when doing the roll over.

TIP:

Remember that you can keep on track by watching our video below:

 

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