Payroll end of financial year in 7 steps: it’s that easy | Xero Blog - Key dates to keep in mind

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- Xero payroll year end

  Apr 26,  · For your pay run to be reported as the final submission of the tax year, your payment date must fall in tax month 12 (6 March?? 5 April). If you have a week 53, Xero automatically adjusts the tax calculation for you. Remember to post your pay run by your final payment date so Xero knows you’re ready to file with HMRC. Running payroll year end shouldn’t be a difficult process provided you are methodical in approach. If you need any help on Xero, Payroll or year-end please contact our Xero Certified Team on , through your local office, or use our on-line contact form. In Xero there's no need to do a roll up journal to bring the profit and loss balance back to at the end of the year. Xero's reports are created in real-time, and reports like the Profit and Loss report run from the start of the financial year using the year-end date you've specified in Xero. Once the new financial year starts, as long as you haven't entered any transactions into Xero .  

Xero payroll year end

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