Year-End Payroll That Isn’t a Fire Drill
W-2s, 1099s, and quarterly reconciliations pile up in January because the data was never reconciled as you went. Fintra keeps the year clean, so year-end is a review, not a rebuild.
What year-end payroll covers
Because Fintra reconciles payroll as it runs, year-end is a review rather than a reconstruction: it generates and files W-2s for employees and 1099s for contractors, reconciles against quarterly filings, and flags discrepancies before forms go out.
- W-2 generation, filing, and employee delivery
- 1099 processing alongside W-2s
- Reconciliation against quarterly filings
- Discrepancy flags before forms are issued
The year-end checklist, automated
What Fintra handles at year end
- Reconcile wages and taxes against quarterly filings
- Confirm employee and contractor details
- Generate and review W-2s and 1099s
- File with agencies and deliver copies
Clean all year, easy at year-end
The close of the payroll year
- Builds on multi-state payroll and tax filing
- Includes 1099 contractor processing
- Posts final entries to the general ledger
Frequently asked questions
Does Fintra generate and file W-2s?
Yes - it generates W-2s, files them with the agencies, and delivers copies to employees, alongside 1099s for contractors. Because it reconciles against quarterly filings, discrepancies surface before forms go out.
Why is year-end payroll usually so painful?
Because the year’s data was never reconciled as it ran, so January becomes a reconstruction. Fintra reconciles each pay run against filings continuously, which turns year-end into a review rather than a two-week fire drill.
Does it handle both W-2s and 1099s?
Yes. Employee W-2s and contractor 1099-NECs are processed together at year end from the same reconciled payroll and contractor-payment data, so your whole workforce is covered in one pass.
Do the final numbers hit the books?
Yes - final year-end payroll entries post to the general ledger, so your accounting reflects the closed payroll year without a separate manual reconciliation.
Stay in the loop
One practical finance briefing a week - new guides, checklists, and benchmarks.
Make year-end a review, not a rebuild
Start free, no card required. File W-2s and 1099s from already-reconciled payroll data.
Talk to us