PeopleSoft Year-End Payroll - U.S. Training
PeopleSoft Year-End Payroll - U.S. Training course description
This PeopleSoft Year-End Payroll - U.S. training walks you through the steps to complete U.S. year-end processing and reporting using PeopleSoft Payroll for North America. Learn how to update tax reporting setup tables and update employees' income and tax records before loading each employee's year-end data into a single year-end record for processing and reporting and more.
Duration: 1 days
Working knowledge of PeopleSoft Payroll for North America
Understanding of your company's year end payroll processing
With onsite Training, courses can be scheduled on a date that is convenient for you, and because they can be scheduled at your location, you don’t incur travel costs and students won’t be away from home. Onsite classes can also be tailored to meet your needs. You might shorten a 5-day class into a 3-day class, or combine portions of several related courses into a single course, or have the instructor vary the emphasis of topics depending on your staff’s and site’s requirements.
Audience / Target Group:
What You Will Learn:
Update tax reporting setup tables.
Load each employee's year-end data into a single year-end record for processing and reporting.
Update and correct employee records, tax balances, and other data as necessary.
Prepare W-2 forms.
Process W-2c forms.
Identify the reports needed to reconcile the year-end data and learn to correct tax balances and other data as necessary.
Generate the final print and online W-2 forms and prepare the electronic file for the SSA.
Enter corrected W-2 information and print a W-2c form.
Process W-2c forms
Process W-2 data
Adjust employee tax balances
Update W-2 tax reporting setup tables
Update employee records
Updating W-2 Tax Reporting Setup Tables
Updating the Company Table
Updating W-2 Company Data
Updating Tax Form Definitions
Updating Tax Form Print Parameters
Updating Tax Reporting Parameters
Identifying Tax Localities
Updating Employee Records
Adjusting Income Using Manual Checks
Describing Imputed Income Calculations
Describing Imputed Income Adjustments
Processing W-2 Data
Setting Up Retirement Plan and Third-Party and Sick Pay Indicators
Identifying and Correcting Errors
Loading Year-End Records
Reviewing and Correcting Year-End Records
Adjusting Employee Tax Balances
Adjusting Tax Balances Online
Viewing Balance Adjustments
Finalizing W-2s and Processing W-2c Forms
Updating W-2 Information Online
Describing W-2 Filing
(9.0 and Higher) Producing Online W-2 Forms in PDF Format
Processing W-2c Forms
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