Step 2. Verify the pay code information

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• Webinar: Step 2A-D. Verify pay code information (12m28s)

  Carefully review the information stored in the Pay Codes table. The application uses the pay codes stored in the Pay Code table to calculate employee and employer amounts on quarterly reports, annual reports, W-2s, and so on. [More] In this webinar, ...

• 2a. Verify pay code rates and limits

  Start by reviewing the rates and limits for the employee and employer portions on the Social Security and Medicare pay codes that the Payroll application will use to calculate amounts to close the payroll year. And then, review the rates and limits ...

• Step 3. Verify year-to-date information

  Step 3. Verify year-to-date information You need to verify payroll transactions for the calendar year. If you have updated payroll transactions to the General Ledger application every pay period, you should have an easier time finishing this step. ...

• Step 4. Verify employee information

  You’ll need to make sure each employee’s record is set up with the correct Social Security number, subject to pay codes, and employee options for the W-2 Form. When you’re done reviewing the employee setup for each employee, you’ll run the Employee ...

• 6d. Verify the organization's W-2 information

  Verifying the organization's W-2 information will help you make sure the converted W-2 information is correct in the Government Reporting Organization table. Connect uses the information in the Government Reporting application to print W-2s and ...