• Final Posting of the Contribution Returns will automatically update all tables so that the amounts due against the filed Contribution Returns are calculated and can be paid
• Depending on the settings, the system can credit the individuals with Social Security Credits in return for their Contributions at this point or this crediting can be delayed until the Social Security Contributions have been paid in full.
• Enables Selection Criteria for ease of use
• After Final Posting, changes can only be made through adjustment steps.
• Seamlessly Integrated with Employee’s and Employer’s Profile which will be updated automatically after the posting.

Overview

Final Posting is the same as the Trial Posting, however once the user runs the Contribution/Tax Return Final Posting, the user can no longer change the Social Security Contribution/Tax Returns.

Once the Contribution Returns Final Posting is run, then Contribution/Tax Payments can start.