Year-End Processing Features

Canadian Payroll Year-End processing includes these features:

• Workbench approach

  The year-end process is modeled on the Payroll workbench, enabling you to access all steps of the year-end process from a central location. Year-end processing is controlled by a year-end ID, just like the payroll cycle is controlled by a payroll ID. When you perform a step in the year-end process, you must enter the year-end ID that you use to select the employees to receive year-end forms. You use the same year-end ID for all steps of year-end processing.

• Flexibility

  By using special handling codes, you determine your own reporting rules and decide how information should be managed at the company and tax identification level. Also, when the form design changes, you can easily add new boxes to the form setup tables.

• Control reporting

  By using online reviews, you can verify how the system derives the numbers that it uses.

• Filing Year-End Information

  By running the magnetic media table conversion programs, you can submit the year-end payroll filing information in XML. The magnetic media table conversion programs convert the information in the table into XML, and therefore, eliminate the need for flat file conversion.