Tax Year End: Customer Checklist

Payroll Year-End Checklist

1. Part 1: Prepare for payroll year end

   • Create a folder to save all applicable backups, reports and files to for reference and record purposes.
   • Confirm you are on the latest Sage 300 People release. Download the latest version from www.sarsefiling.co.za
   • Backup data before making changes.
   • Create Tax Monthly Total records.
   • Ensure the following Company Basic Information is correct.
   • Verify the definition types, tax type and tax codes on each Payroll Definition.
   •  Check the Reimbursive Travel Allowance setup.
   •  Ensure that all Retirement Funds setups correct and that employees are linked to the applicable funds.
   •  Review all Employee Information screens or perform an Employee Take-on export with data to verify the follow mandatory information.
   • Verify the Medical Aid information.
   • Flag all employees with a Manual Tax Certificates.

2. Part 2: Process your payroll year end

   • Print the Validation report and resolve all errors.
   • Reconcile your financial values.
   • Do a Tax Certificate Export for tax year end and import the file into e@syFile-Employer.

3. Part 3: Get ready for the new tax year

   • Backup Tax year end data.
   • Confirm your Pay periods.
   • If required, update employees on the national minimum wage.