PeopleSoft Year-End Payroll 2011 - U.S. Rel 8.01-9.1
Currently, no providers in North America have scheduled a date for this course. We can schedule a class at one of our regional offices or on-site at your location.
- Vendor:
- Oracle Corporation
- Course:
- D73506GC10
- Start Date:
- Unscheduled
- Length:
- 1 Day
- Location:
- Expired Class Date
- Tuition:
- $800
No Dates
Scheduled
Course Description
This course covers the steps necessary to complete U.S. year-end processing and reporting using PeopleSoft Enterprise 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. Identify the reports needed to reconcile the year-end data and learn to correct tax balances and other data as necessary.Learn how to generate final print and online W-2 forms and prepare the electronic file for the SSA. Learn how to enter corrected W-2 information and print a W-2c form. Identify how to report periodic retirement distributions and related tax withholding amounts on form 1099-R.Learn To:Update employee records and tax balancesPrepare W-2 formsProcess W-2c and 1099-R formsUpdate tax reporting setup tablesA Live Virtual Class (LVC) is exclusively for registered students; unregistered individuals may not view an LVC at any time. Registered students must view the class from the country listed in the registration form. Unauthorized recording, copying, or transmission of LVC content may not be made.
Skills Gained
- Update W-2 tax reporting setup tables
- Update employee records
- Process W-2 data
- Finalize W-2s
- Process W-2c forms
- Process 1099-Rs
- Adjust employee tax balances
Who Can Benefit
- Business Analysts
- End Users
- Functional Implementer
Prerequisites
- Working knowledge of PeopleSoft Payroll for North America
- Understanding of your company's year end payroll processing
Syllabus
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 and Adjustments
Processing W-2 Data
- Setting Up Retirement Plan and Third-Party and Sick Pay Indicators
- Identifying and Correcting Errors
- Loading Year-End Records
- Reconciling and Correcting Year-End Records
Adjusting Employee Tax Balances
- Adjusting Tax Balances Online
- Viewing Balance Adjustments
Finalizing W-2s
- Correcting W-2 Information Online
- Describing W-2 Filing
- Printing W-2s
- Producing Online W-2 Forms in PDF Format
Meeting Other Year-End Reporting Requirements
- Processing W-2c Forms
- Describing 1099-R Reporting
- (EG) Describing Form 1042-S Reporting
