Final Payroll Processing 

Purpose

After running payroll, there are a number of activities you must perform to complete the payroll process. The Final Payroll Processing component delivers the necessary functions enabling you to complete these activities.

Features

Final Payroll Processing provides the following features to complete the payroll process:

·        Payments Transfer using BACS

·        Remuneration Statement

·        Payroll Account

·        Payroll Journal GB

·        Posting to Financial Accounting (FI) and Controlling (CO)

·        Production of P45 Forms for Leavers

 

The Payroll Journal GB is specifically designed to run payroll in Great Britain. However, the international version of the Payroll Journal can also be run if you would like to carry out more generic payroll reporting, for example.