Create Payroll-Only Company

 

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Create and Activate a Company

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Company Maintenance

 

 

 

Navigation

Select Library Mater Main menu > Company Maintenance, and then click Create P/R Only Co.

Overview

Use Create Payroll-Only Company to preserve your Payroll data as of a particular date. Your Payroll, Business Insights, Common Information, and General Ledger data will be copied into the new company, which you can then use at a later time for W-2 printing.

Warning Payroll-only companies should be used only for form printing, and no changes should be made to any of the records. If a new tax table update (TTU) is released, it affects payroll tax calculations in all of your companies. Therefore, making any changes to your data may result in tax amounts being recalculated using newer, inapplicable rates.

Fields

 

Payroll-Only Company Code