Hi, @MTW1. In QuickBooks Payroll, P60 forms are generated at the end of the tax year, not automatically when you change the tax year in the system.
To create P60 for your employees, ensure all payroll for the final pay period of the tax year is completed and submitted. Then, go to Payroll > Employees > Documents > P60, select the relevant tax year, and generate the form.
Please note that generating the forms before all payroll submissions are finalised can lead to discrepancies between your reported payroll data and employees' P60S, which may require adjustments or resubmissions.
For full guidance, refer to the articles below:
Once the forms are distributed, you can safely roll over to the next tax year.
Hope this helps you wrap up your year-end payroll smoothly. If you have any other questions, drop a comment. We're here to help.
