UPDATE 12.29.22: The Year-End Update for 2022 has now been released. To download this update, go to Tools > Check for Updates.
Previous Post:
There will be a slight delay in publishing our Year-End Software Update. We expect the update will be published in a few days. You do not have to wait for the year-end update to go through the closing process for 2022 and you can process payroll for 2023.
What You Can Do
- If you have finished all payroll for 2022, you can close the quarter and year for payroll.*
- Tax rates will be automatically updated when you open your program. (Once they are updated, you can process payroll for 2023 with the new rates.)
- The last published update is still available from Tools > Check for Updates.
What You Cannot Do Before the Update
- Since the year-end update will contain the latest changes to forms, please hold off running any of the payroll forms until the year-end update is released.
*If you would like assistance with closing, please review our videos on Quarter/Year-End Closing.