PeopleSoft - Course Details

PSYEP-US PeopleSoft Year-End Payroll - U.S.

PeopleSoft Course Description:
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.
PeopleSoft Course Duration:
1 Day Training
PeopleSoft Course Target Audience:
Business Analysts,End Users,Functional Implementer
PeopleSoft Course Prerequisite:
Working knowledge of PeopleSoft Payroll for North America,Understanding of your company's year end payroll processing
Course Content:
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