- You must install the end of the year patch update to ensure compliance with 1099 forms, 1096 forms, W-2s, and W-3s and ACAs.
- Installing the end of year patch does not automatically create new tax tables for Payroll. The new tax tables still need to be created per KB 42114.
- The end-of-year update does not include updates for Payroll 6 and Accounts Payable 6; version 6 products are not compliant with state and federal requirements.
- For full instructions on how to install the update for The Financial Edge, please refer to how to install a patch for The Financial Edge.
- For more EOY tips and tricks, check out our Payroll EOY Blog - Prepare for Year End Processing in Payroll