You will be alerted that a Pay Period End Anchor Date has not been set when you try to run a Payrun for the first time on the particular Payroll Folder/Group.

Determing what the correct pay period number for NV1 Payruns would have left us open to errors. Users of NV1 Payrun where allowed to (and usually did) enter pay periods that didn’t make sense and or added checks at the end of a year dated in the past.

When the anchor date is set, the year and the pay period number is displayed in NV2 for you.