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Closing Off Your Current Year
WARNING: When you are closing the year, the additional CPP2/QPP2 payroll categories will be added into the system. Clarity will suggest payroll category codes to use for these new ones (e.g. 310 and 311), but if you are already using these payroll category codes for other categories, then you will receive an error message. Simply change the suggested codes for CPP2/QPP2 to codes that you have not yet used and continue the year-end close process as normal.
- In Clarity, navigate to Year End > Close Year.
- Read the details of each step of the process before clicking the "Next" button to proceed to the next step.
Note: Not all steps may apply to you, and Clarity will automatically skip the steps that do not apply. - Review the options available and proceed to the next step by clicking "Next".
Note: We strongly suggest to create a backup prior to closing the year. - If you are not skipping the backup, select your "Backup Folder" location and enter your "Backup Name" in the fields. Click "Backup" to complete the backup.
- Select the payroll categories that you'd like to reset to zero for next year, then proceed to the next step by clicking "Next".
Note: If your deduction and accrual payroll categories do not have "Reset at Year End" checked in their payroll category setup, they will not appear in this list. Their values will automatically carry over to the next year. - The values for your employee and employer maximums and minimums are automatically entered. However, you can overwrite this value for year-end if needed. Once this is complete, proceed to the next step by clicking "Next".
- Clarity will prompt you to type in "CLOSE 2023" (the year you are closing). Enter this into the required field.
- Once you've typed in the prompted text, click the "Process" button and then "OK". The 2022 year is now closed and you can process payroll for 2023!
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