This procedure outlines the steps to be taken to close the USPS calendar year-end.

Process any NC1 payments

Be sure to run the NC1 pay types for life insurance premiums over $50,000 before your last payroll of the calendar year. See the chapter called Reporting Taxable Amount of Life Insurance Premiums in the USPS User Guide.

Month-End Closing

Sets the New Employee flag on the 400 DEDSCN record  to N and copies the following reports out to the PAYROLLCD:  AUDRPT, ABS101, BENRPT, CHKSTS and SERSMONTH.

Quarter-End Closing

W2 Processing NOW

  This procedure creates a copy of your files
This procedure generates a standard set of calendar year-end reports and makes them available via the PAYROLLCD web directory 

You have completed the USPS Calendar Year End Closing procedures.


W2 Processing at a later date

This procedure creates a copy of your files. W-2 Forms may be generated at a later date, if necessary, from the files created by this procedure.

Ready to process W2's from the D account

                                           OR

Questions on whether the dependent care is reportable or not should be directed to your district legal advisor
This can be found in the USPS menu, select the USPS_LCL option, then OAPSE
This procedure generates a standard set of calendar year-end reports and makes them available via the PAYROLLCD web directory.
This procedure creates a new copy of your files.

You have completed the USPS Calendar Year End Closing procedures.