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End-of-period procedures > Starting a new payroll year > Task 5: Back up your company file
Before you start a new payroll year, make a backup of your company file. Once the previous year is closed, detailed payroll information is no longer available and W-2 forms, and 1099 statements cannot be printed for that year. If you’ve made a backup, however, you can restore that backup and print the necessary documents.
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