Payroll year end 2024 checklist
Description
 TIP: If you'd like to print this document, click the print icon Image 

1. Take a backup of your Sage Payroll data:

 Completed


2. Download and install the year end update:

  • To make the installation of your year end update as easy as possible, you’re automatically prompted to download and install it when it’s available. As it contains legislation for both 2024 and 2025, you can download and install the latest version straight away

 Completed


3. Check if you have an extra pay period:

  • If you’re paying your weekly, fortnightly or four weekly paid employees on either Monday 30 December or Tuesday 31 December, you have an extra pay period. You process your payroll as normal on this date. Check if you have an extra pay period

 Completed


4. Process the final pay period of 2024:

 Completed


5. Validate your data:

  • You can validate your payroll data at any time during the tax year to check your payroll data for errors. It’s particularly useful when you’re preparing to complete the tax year

 Completed


6. Run your year end reports:

 Completed


7. Create and open the 2025 tax year:

 Completed


8. Set up the new tax year calendar:

 Completed


9. Set period one of the new tax year:

 Completed


10. Enable Central Statistics Office (CSO) reporting:

 Completed


11. Assign ASC settings to your employees, if applicable:

 Completed


12. Clear your financial year end balances:

 Completed


13. Validate your data:

 Completed