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Payroll Year End 2022 checklist

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Summary

Use this handy checklist to help you process your year end in Sage Payroll.

Description

Find everything you need to process year end in our dedicated Payroll year end Hub.

We've also created this checklist to help you keep track of the steps you've completed. Return to this list at any time and we'll remember the tasks you've already completed!

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Install the Year End Update

Take a backup of your Sage Payroll dataWe recommend you Back up your data before you install updates.
Download and install the year end updateTo 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 2022 and 2023, you can Download and install the latest version of Sage Payroll straight away.

Prepare for year end

Check if you have an extra pay periodIf you’re paying your weekly, fortnightly or four weekly paid employees on Saturday 31 December, you have an extra pay period. You process your payroll as normal on this date. Use our Do I have an extra pay period at the end of the tax year? guide.
Process the final pay period of 2022Before you can complete the tax year, you must process the remaining pay periods of 2022 as usual. Use our How to complete the tax year guide.
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.

Run your year end reports

You can run a selection of Year End reports including the ASC35, ASC60 and Employment Detail Summary reports. Use our Print your Tax Year End Reports guide.


Get ready for the 2023 tax year

Create and open the 2023 tax year

Once you complete your payroll processing in the 2022 tax year, Set up your software for processing in 2023.

Set up the new tax year calendar

To help organise your company’s payment dates for the new tax year, you must create the payroll calendar. Use our Set up your software for processing in 2023 guide.

Set period one of the new tax year

Before you can start to process your pay for your employees, you need to set the pay period. Use our Set up your software for processing in 2023 guide.

Enable Central Statistics Office (CSO) reporting

If the Central Statistics Office (CSO) has selected your company for surveying and you haven't done so already, you must Set up Central Statistics Office (CSO) reporting.

Assign Additional Superannuation Contribution settings to your employees, if applicableIf you have employees that are liable for ASC deductions in 2023, you must assign the appropriate ASC settings within their records. Use our guide on How to assign Additional Superannuation Contribution (ASC) settings to employees.
Clear your financial year end balances

This optional year end task involves clearing any deduction balances that you don’t want in your new financial year. Use our Clear your financial year balances guide.

Validate your data

We recommend you Validate your payroll data a second time.