December 2024

Sage BusinessWorks Newsletter

Important Year-End Items to Remember

Year-End is rapidly approaching and now is the time to make sure you have everything prepared.

Remember these key year-end items:

Make sure you order or purchase the correct W-2/1099 forms.

We recommend you complete a pre-run of your W-2s in early December to make sure you have the correct forms and reconcile payroll information verifying that W2s are correct.

It is critical to back up your data. When completing backups at the end of the year, back up after the last payroll and save. Also, back up before closing the payroll year and restore this backup (archive) to a new id such as PR2024.

If you have year-end questions or need assistance, contact our software team at 260.423.2414.

Sage BusinessWorks Year-End Center

Sage Software's BusinessWorks year-end assistance center is packed full of resources to help you complete year-end processing with ease.

The year-end center contains helpful tips including:

How to complete payroll year-end processing
How to process vendor 1099 and 1096 annual summary forms
W-2 reporting, and other W-2 related questions
How to create a copy/archive company before closing the year
Affordable Care Act resources

Visit the BusinessWorks Year-End Center.

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