All Payroll is done on a calendar year basis (i.e. Jan-Dec). So, before you can enter checks in the new year, you must first finish the old year.
Mac and Windows Payroll version 7.7.5 and higher. Refer to your user manual (Under Help/Payroll Manual.pdf) or Year End Tips.pdf under Help for information before using the New Year command under the File Menu.
Mac Payroll and Windows Payroll versions lower than version 7.7.5. You should refer to your manual (Under Help/Payroll Manual.pdf) for important information before using the Close [Year] command under the File menu.