© 2020–2024 1st Money UK Holdings Ltd. All rights reserved.
 

Cookies help us run our services and make them more tasty. We've posted the full recipe on our Privacy Notice.

Whoa! Wait a minute ... how do I change my cookie settings?

Tap "Got it" if you're OK with cookies...

Got it
 

If I don't need payroll anymore, how do I close my org?

Closing your org2:43

"If I don't need payroll anymore, how do I close my org?"

If you don't need 1st Money anymore, you can close your entire org.

To close your entire org:

  1. First, open your org on: MenuOrgs
  2. Then tap: MoreClose org
  3. Before continuing, you'll be advised that closing your org first requires the following steps.
  4. Terminating all employees. Running final pay. Stopping employment for all your pay batches. And sending your final EPS to HMRC.
  5. When you're ready, tap: Yes close
  6. If you've not stopped employment for any of your pay batches, you'll get a warning.
  7. If you get a warning, stop and do all the "stopping employment" steps before continuing, as shown in: EPS: Stop being an employer
  8. Once you've stopped employment for all your pay batches, open your org again on: MenuOrgs
  9. Then tap: MoreClose org
  10. And tap: Yes close
  11. You're now on the final screen in closing your org. Next, type: "CLOSE NOW"
  12. Once you've typed it correctly, the close button becomes active, and then tap: Yes close
  13. And now your org is closed.
  14. Now, when you tap the items in the side menu, you'll see that it's all crossed out.
  15. However, you can still see your closed org and create new orgs with your login.
  16. To create a new org, tap: MenuOrgsNew org
  17. And then tap: Create new org
  18. Alternatively, for your org you've closed, you can still look up info, and download PDFs.
  19. However, you can't make any changes, or add other people, until it's reopened.
  20. At any time that you want to start using your org again, to reopen it, tap: Reopen (at the bottom)
  21. And then tap: Yes reopen
  22. And finally, everything's open and you can use it all again.

Keep in mind that:

  • Your org can stay dormant and unused for up to three years.
  • 1st Money is required to store your payroll records for three years.
  • You can read more about record storage on: GOV.UK

And that's it! That's everything you need to know about closing your entire org!

Updated: Thu, 26 Oct 2023.

Was this page helpful?


© 2020–2024 1st Money UK Holdings Ltd. All rights reserved.
www.1st.money/help/Org/If_I_don't_need_payroll_anymore,_how_do_I_close_my_org