7a. Close the payroll year
Once you have completed the previous steps, closing the payroll year is simple. Closing the payroll year will lock the transactions in the closed year and set the system date in the Payroll application to the new payroll year.
Watch a video - Step 7a-c. Update tax year, Update FWT and SWT calculation
How do I close the payroll year?
1. Open Connect Payroll > Organization > Close Year-end.
2. Verify the new payroll year replaces "YYYY" as the current year.
Close Year-end, current year
What if the date does not display the correct year? If your system does not display 2024 as the current year, contact customer support for assistance at (800) 228-9851 or log into Caselle Incident Management System (www.caselle.com/client-login). Do not attempt to close the payroll year unless the correct year is displayed.
STOP!
Does the current year show 2024?
-
Yes, the current year is 2024. That’s good news. Continue to the next step.
-
No, the current year is not 2024. There’s a problem with the Payroll settings. Please contact customer support for assistance at (800) 228-9851 or log into Caselle Incident Management System (www.caselle.com/client-login) to create a help ticket. Do not continue to the next step.
The summary records for the payroll year are created.
Progress bar
4. When the Finished dialog box displays, click Yes.
Finished dialog box
The payroll year is closed.
Final steps
Running the Year-end Closing is the last official step in the Year-end Closing Checklist. If you haven’t already printed the W-2 Forms, you should print them as soon as possible after closing the year end.
The next steps will help you get the Payroll application ready for the new payroll year.
Copyright © 2025 Caselle, Incorporated. All rights reserved.
Related Articles
7a. Close the payroll year
Once you have completed the previous steps, closing the payroll year is simple. Closing the payroll year will lock the transactions in the closed year and set the system date in the Payroll application to the new payroll year. Watch a video: Step ...Step 1a. Close the last payroll of the year
Follow the Each Pay Period steps checklist in the Payroll application to close the last payroll of the year. You should finish the checklist for the last pay period of the year before you start working on the Payroll Year-end Checklist. [More] What ...Payroll Year-end FAQs
Should I install program updates prior to beginning my Payroll year-end process? Yes, you’ll need to load all program updates before you start the Payroll Year-End Checklist. Usually, the information you’ll need from the IRS and year-end reporting is ...Webinar: Payroll Year-end Preparation (56m06s)
This webinar talks about the tasks you can work on to prepare to close the payroll year end. You need to wait until the last payroll of the year is finished before you can begin the Payroll Year-end Checklist, but you can get a head start by working ...Quick Start - Payroll Year-end Steps Checklist
Payroll Year-end Checklist This section is for those of you who have completed the year-end steps checklist before or for those of you who want a really short summary of the steps that your about to complete. If you open the PDF on your computer, ...