Accidentally closed current Payroll Year
Hi All, I went to process the first payroll for the current year (2020), but an error says I can't enter in a closed payroll year... When cheking the settings (Set up > General Payroll Information) it shows year ending June 30 2021.
I must have acidentally closed the year? or this may be an error? Not sure...
Anyway does anyone know if I can roll that back, un-close it as it were...?
I hate being the bearer of bad news, but the file is now virtually useless.There is no roll back of the payroll area. If you have recent backup or are in the cloud there is a recovery that will need some reentry of data. Find yourself an experienced Certified Consultant who has experience in this area and work closely with them to ensure that the process gives you a true record of both your financial and payroll.
There is another method that involves opening a new Payroll only file. Staff details can be brought across fairly painlessly and existing data can be entered either as per pay period or as a one off pay. Future pays can then be put back into your current finance file as a journal on a monthly basis.