Open New W-2 Quarter Utility
Use the Open New W-2 Quarter utility to open a new quarter for the purpose of tracking payroll data.
You must open a new W-2 quarter before you process the first payroll in that quarter. You perform quarterly initialization at the end of each calendar quarter. This procedure affects payroll data only; it does not affect any other Vision data.
You can use the following reports to review W-2 data. You can print these reports at any time, for any quarter:
When you open a new W-2 quarter, Vision records the opening of the quarter on the Posting Log Review report. The entry displays as an AL transaction type, to indicate that it is an audit log posting.