Year-End

Year-End Prep

• Year-End Prep Checklist
• Reviewing Codes for CRA and MRQ Compliance
• Reviewing Accumulators
• Reviewing Terminated Employees
• Ensure No Entries Remain in Time Cards and Time Data
• Ensure Manual Cheques and Cancelled Payments are Processed and Updated
• Ensure All Payroll Batches are Processed
• Ensure Payroll is Processed for the Last Pay of the Year
• Install the Avanti Tax Update
• Verifying the January 1 Update Installation

Year-End Balancing

• Balancing Your Year-End Overview
• Review Your Payroll Totals
• Balance Your CPP Remittances
• CPP Reconciliations Did Not Balance
• Balance Your Receiver General and Quebec Remittances
• Balance Your Entitlements

Year-End Processing

• Year-End Processing Checklist
• Initialize Employee Totals
• Verify the New EI Rate and Update EI Reduced Rates
• Verifying CPP and QPP Rates
• Verifying QPIP Rates
• Update WCB Rates and Maximum Assessable Earnings
• Add the Financial Calendar for the New Year
• Add the Payroll Calendars for the New Year
• Updating Pay Periods per Year for Weekly and Bi-weekly pays
• Update the Vendor Remittance Reports
• Review Formulas for the New Payroll Year
• Updating Holiday Dates for the New Year
• Update the Company Web Settings for the New Year
• Update Time Entry and Time Approval for the New Year

Year-End Resources for Payroll

• Year-End FAQs
• 2022 Source Deductions, Rates, and Payroll Changes
• Holiday Calendar for Payroll
• 2021 Source Deductions, Rates, and Payroll Changes

Year-End Resources to Share With Your Employees

• Year-End FAQ for Employees
• Employee Tax Slip Guides
• Tax Slip FAQ for Employees

Tax Slip Processing

• Tax Slip Checklist
• Review Tax Slip Boxes Indicated on Codes
• Ensure all Employee Addresses and Social Insurance Numbers are Up-To-Date
• Add, Review, and Update the Transmitter Data
• Create, Update, and Review Tax Slip Groups
• Pension Adjustment Formulas
• Extract Employee Tax Slip Data
• Importing Your Employee Tax Slip Information
• Tax Slip Import File Format
• Import Tax Slip Pension Adjustments
• Review, Modify, and Add Employee Tax Slips
• Validate Your Tax Slips
• Print Tax Slip Review Listings
• Tax Slip Balancing
• Repeat Tax Slip Modification, Import, Validation, and Review
• Print and Update The RL-1 and RL-2 Summary
• Create Tax Slip Transmission Files for CRA or MRQ
• Save Employee Tax Slips
• Printing Your Tax Slips
• Printing Your Laser and Self Mailer Slips
• Emailing Tax Slips
• Delivering Tax Slips to Terminated Employees
• Tax Slip FAQs

Tax Slip Adjustments

• Amending Tax Slips
• Cancelling T4 and T4A Tax Slips
• Cancelling RL1 and RL2 Tax Slips
• Delete Tax Slips

Additional CRA Tax Forms

• Generate T2200 Form
• Generate T2200S - Working at Home Due to COVID-19