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Year-End FAQs

1. Do I have to initialize my entitlements at year-end?

Entitlements can be initialized at any time of the year. When to initialize your entitlements depends on your company policies, different entitlements can be initialized at different times.

For example, your sick leave can be initialized at the beginning of April, banked time entitlements can be paid out at the end of June, and your vacation year can start in September.

  • Initializing your entitlements is included in the year-end because many companies use the payroll calendar year for their entitlement year.

  • Check the formula setup on the year’s entitlements. The years' entitlements may only accrue if the initialization has been completed.

Need more information on how to initialize entitlements? Learn more at Initialize Entitlements and Vacation.

2. What tools are available to help me balance my year-end?

Within Avanti, several reports can assist with balancing your year-end, in addition to your Review Listing. It is essential to balance before running year-end, in order to make any necessary adjustments during the 2023 payroll year.

Available Reports

  • Review Your 2023 Payroll

  • Balance Your CPP Remittances

  • Balance Your Receiver General and Quebec Remittances

  • Balance Your Entitlements

For more information on each of these reports, go to Balancing Your Year-End Overview.

3. How do I know when Avanti is updated with the Tax Changes?

Before running Year-End, the quickest way to check that the tax update was applied successfully is to check the version number of Avanti. Go to Verifying the January 1, 2024 Update Installation for more information.

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