Introduction to Year End

All Knowledge Base year end articles are intended to provide support and guidance through completing your end of year payroll obligations, from CollSoft Payroll, towards your employees and the Revenue Commissioners for tax year ending 31st December 2016.

Before proceeding please be aware of the following:

  • CollSoft 2017 will install separately to CollSoft 2016.

  • You do not need to complete CollSoft 2016 payroll before commencing CollSoft 2017.

  • Changes may be made to 2016 even after commencing 2017 payroll.

  • Any amendments made to an employee record in 2016 (such as employee address, DOB, email address), subsequent to importing the employee records from 2016 to 2017 will not reflect in 2017.

  • Any subsequent payroll processed in 2016 is not relevant to 2017 as all payroll cumulatives for all employees are set to zero to commence a new tax year.

  • All 2016 year end reports can be generated, printed and viewed as many times as is required.

  • A ‘lock down’ or ‘closing’ of the 2016 payroll is not required at year end, therefore each year end report, payroll amendment, reprinting of historical reports etc., is accessible at all times.

Each article offers general guidance and is for reference purposes only and is not intended as a complete and comprehensive guide to satisfy all employment scenarios, there may be issues relating to your specific company which may require additional Revenue reporting requirements.
Creation date: 02/01/2017 23:46     Updated: 02/01/2017 23:46