Payroll

Payroll Year-End, in plain English.

Workzoom defines Payroll Year-End as follows. Payroll year-end is the annual close where an employer reconciles the year's pay runs, verifies employee data, and produces statutory reporting: T4s and T4 Summary in Canada, W-2s...

Book a Workzoom walkthrough → 25+ years of HR and payroll production. Live in Canada, the US, and the Bahamas.

  • Since 2000. Workzoom has run Canadian payroll for 25+ years.
  • Canadian data residency, AWS Canada (ca-central-1). Canadian customer data stays in Canada.
  • SOC 2-aligned controls. Encrypted at rest, role-based access, immutable audit logs.
  • Trusted by County of Renfrew, Silvera for Seniors, and Cable Bahamas. Built for 50 to 5,000 employee organizations.

The short answer

Payroll year-end is the annual close where an employer reconciles the year's pay runs, verifies employee data, and produces statutory reporting: T4s and T4 Summary in Canada, W-2s in the United States, and the country equivalents elsewhere. Deadlines fall in the weeks after December 31. Workzoom generates year-end data from the payroll history on each employee record, and your team submits the filings.

How Payroll Year-End works.

Year-end is a reconciliation, not a calculation. Every figure already exists in the pay runs, so the work is confirming that the payroll record, the remittance record, and the employee data agree. Taxable benefits are the usual reason they do not, since benefits recorded outside payroll never entered the taxable base. Address and identification data matters as much as the money, because a form issued to a stale address or a wrong identifier fails at the employee rather than at the agency.

Where Payroll Year-End goes wrong.

  • T
  • r
  • e
  • a
  • t
  • i
  • n
  • g
  • y
  • e
  • a
  • r
  • -
  • e
  • n
  • d
  • a
  • s
  • a
  • J
  • a
  • n
  • u
  • a
  • r
  • y
  • p
  • r
  • o
  • j
  • e
  • c
  • t
  • i
  • s
  • t
  • h
  • e
  • s
  • t
  • r
  • u
  • c
  • t
  • u
  • r
  • a
  • l
  • m
  • i
  • s
  • t
  • a
  • k
  • e
  • .
  • T
  • a
  • x
  • a
  • b
  • l
  • e
  • b
  • e
  • n
  • e
  • f
  • i
  • t
  • s
  • ,
  • m
  • a
  • n
  • u
  • a
  • l
  • c
  • h
  • e
  • q
  • u
  • e
  • s
  • ,
  • a
  • n
  • d
  • u
  • n
  • r
  • e
  • c
  • o
  • r
  • d
  • e
  • d
  • a
  • d
  • j
  • u
  • s
  • t
  • m
  • e
  • n
  • t
  • s
  • a
  • c
  • c
  • u
  • m
  • u
  • l
  • a
  • t
  • e
  • a
  • l
  • l
  • y
  • e
  • a
  • r
  • a
  • n
  • d
  • a
  • r
  • e
  • c
  • h
  • e
  • a
  • p
  • e
  • s
  • t
  • t
  • o
  • f
  • i
  • x
  • i
  • n
  • t
  • h
  • e
  • p
  • e
  • r
  • i
  • o
  • d
  • t
  • h
  • e
  • y
  • o
  • c
  • c
  • u
  • r
  • .
  • T
  • h
  • e
  • s
  • e
  • c
  • o
  • n
  • d
  • t
  • r
  • a
  • p
  • i
  • s
  • r
  • e
  • c
  • o
  • n
  • c
  • i
  • l
  • i
  • n
  • g
  • o
  • n
  • l
  • y
  • t
  • o
  • t
  • h
  • e
  • g
  • e
  • n
  • e
  • r
  • a
  • l
  • l
  • e
  • d
  • g
  • e
  • r
  • ,
  • w
  • h
  • i
  • c
  • h
  • c
  • o
  • n
  • f
  • i
  • r
  • m
  • s
  • t
  • h
  • e
  • m
  • o
  • n
  • e
  • y
  • m
  • o
  • v
  • e
  • d
  • w
  • i
  • t
  • h
  • o
  • u
  • t
  • c
  • o
  • n
  • f
  • i
  • r
  • m
  • i
  • n
  • g
  • i
  • t
  • w
  • a
  • s
  • a
  • t
  • t
  • r
  • i
  • b
  • u
  • t
  • e
  • d
  • t
  • o
  • t
  • h
  • e
  • r
  • i
  • g
  • h
  • t
  • e
  • m
  • p
  • l
  • o
  • y
  • e
  • e
  • .

Where Payroll Year-End sits between HR and payroll.

Payroll Year-End does not stand alone. The concepts most often paired with it on a Payroll run are T4, Form W-2, Remittance, Payroll Register. Each is defined elsewhere in this glossary so you can trace the full chain without leaving the site.

How Payroll Year-End runs on Workzoom.

Payroll Year-End is part of the Workzoom Payroll Suite. Workzoom runs HR, workforce, and talent on a single employee record across ten countries: Canada, the United States, the Bahamas, Jamaica, Trinidad and Tobago, Barbados, Antigua and Barbuda, Anguilla, the Cayman Islands, and the United Kingdom. Full gross-to-net payroll runs live in Canada, the United States, and the Bahamas. Pricing starts at $4 per employee per suite per month.

See Workzoom in 30 minutes →

Questions about Payroll Year-End

Reconciling the year's pay runs against remittances, verifying employee data such as addresses and identifiers, confirming taxable benefits were captured in payroll, and producing the statutory year-end forms for each country.
Because they are often recorded outside payroll, in a benefits or expense system, and never enter the taxable earnings base. The gap appears at year-end when the form totals do not match what the employee received.
No. Workzoom generates the year-end data from your payroll history so the figures come directly off the employee record. Your team submits the filings. Workzoom does not file with any government agency on your behalf.

Workzoom

Run HR, payroll, workforce, and talent on one platform.

$4 per employee per suite. 50 to 5,000 employees. Sprint-based, client-paced go-live.