A few reminders to wrap up 2023
Here are three things you can do to make the rest of 2023 as smooth as possible:
-> Plan for Holiday Bank Closures.
Banks will be closed on Monday, December 25th (Christmas Day) and Monday, January 1st (New Year's Day). If your planned payroll date falls on either of these dates, please be sure to process it on the preceding business day.
-> Request reversals for any Q4 payrolls
If you need to request a reversal for any payroll run in Q4 (for payroll dates between 10/1/23 - 12/31/23), you must do so before 5pm ET on Thursday, January 4th, 2024.
-> Double-check your worker classifications
Make sure your workers are classified correctly as employees, loan-outs, or contractors. The deadline to update classifications is 5pm ET on Thursday, January 4th, 2024. If you find a worker that is misclassified, please reach out to Wrapbook Support as soon as possible.
Find more year-end resources at help.wrapbook.com ↗
Please note: If we receive reversal requests or requests to update worker classifications after January 4th, 2024, we will work with you to resolve it in February 2024.