To unlock and create growth
Integrated solutions designed for enterprise-wide results. These offerings make the most of your investments in both technology and people.
Health Administration | Employer Solutions
To better wellbeing
Solutions to help employees and employers choose, use and manage their health benefits.
Wealth Administration | Employer Solutions
To build a future
Solutions to help employees and employers choose, use and manage their wealth benefits.
Payroll Administration | Employer Solutions
To keep spend in shape
Solutions to administer, optimize and scale your payroll.
Engagement and Communications | Employer Solutions
To spark interest
Solutions to create a more memorable employee experience.
HCM and Financial Management | Professional Services
To keep things running smoothly
Solutions to better manage your workforce from the cloud.
Finance is moving to the Cloud ...are you ready?
The Advantages for Health Saving Accounts (HSAs): Employees find balance between health and wealth
The Advantages fo Health Saving Accounts (HSAs): Employees find balance between health and wealth
WORK WITH US
FEATURED CASE STUDIES
Curtiss-Wright: Increasing utilization and satisfaction with an integrated benefits platform
Pathway Vet Alliance: Thriving in the cloud with Alight and Workday
The end of the year can be a very hectic time for those who work in Payroll, especially without proper planning. There are several ways that you can prepare in advance for year-end and the year-begin tasks within Workday Payroll. Here is a checklist of steps that can be taken at different points throughout the year to ensure you are ready to successfully finish the payroll year.
Reporting and auditing your year-to-date payroll data is crucial to ensuring a smooth end to the year. Full Payment Submission and Employer Payment Summary are run with each payroll and will also need to be run for the last payroll in the year, with a ‘Final’ mark. A robust process of monthly FPS and EPS reconciliation helps in making sure that total figures are correct and agree to each month’s payroll totals. It is recommended to always run:
On top of that the first submission should be run in test mode. The live submission should only be made when no errors are returned from HMRC gateway.
There are several tasks that you think of at year-end, however, they can be completed at any time, in preparation. The list below outlines the regular maintenance activities you will want to perform in your tenant.
These must be completed prior to running your last pay calculation for the first pay period of the new year:
Make sure you include P60s in your Year End project plan to ensure they are submitted within the legal deadline. Below are some reports that will support you with the process completion:
Finally, consider which reports you could run more often. Are there maintenance activities you could do at different times of the year? You should put these tasks on your calendar to stay on top of your payroll responsibilities throughout the year.