Payroll close setup

Payroll settings determine an employee’s gross pay by classifying dates, hours worked, and employee balance payouts.

The objective of the payroll close is to transfer this data to the company’s payroll system. This responsibility is usually assigned to the payroll administrator, who creates a payroll export file that contains employee pay information. The information in this file is then transferred, manually or automatically, to the organization’s payroll system.

Before a payroll export file can be generated, elements such as pay groups and pay periods must be set up. These tasks must be performed before the payroll close process can be successfully completed: