Year-end payroll accounting tasks

At the turn of the year, payroll accounting focuses on four essential and time-critical processes in order to close the fiscal year correctly and open the new one:

1. Annual reports via ELM/Swissdec: The timely preparation and electronic transmission of all mandatory annual reports to social security and tax authorities.

2. Preparation of wage statements: Accurate preparation of wage statements for all employees.

3. Reconciliation of payroll accounts: Detailed review and reconciliation of payroll accounts.

4. Opening the new year: Administrative preparation for the new year, including updating all social security and withholding tax rates.

To help you successfully complete your year-end tasks, we offer targeted help and support at the following links. You can also find further valuable instructions and additional support on our landing page at any time..

• The Uniform Wage Notification Procedure (ELM)
• Swissdec version 5.0
• ELM wage declaration failed – Now what?
• Wage statement
• Payroll account
• Opening the new year
• Landing page