Example of Quebec Labour Standards Balances: Initializing Director’s Fees
In this example, you create balance initialization records to initialize an employee’s QLS balances, including Director’s Fees.
In this example, wages are below the 2020 annual maximum limit of $78,500. This example
illustrates the relationship between QLS balances.
Note: These are only examples and you
may require other balances to be initialized depending on your unique requirements.
You may need to initialize other balances separately that are part of QLS gross or
QLS exempt earnings.
| Balance Name | Value | Notes |
|---|---|---|
| Gross Earnings | 6,000 | N/A |
| Quebec Labour Standards Gross | 6,000 | N/A |
| Directors Fees | 1,000 | Directors Fees balance are exempt wages. The balance that represents
the “Directors’ fees” on form. You may include this balance used to
calculate the liability. Note: If you initialize this amount, it should
also be reduced from the Quebec Labour Standards Subject amount,
which in turn reduces the Quebec Labour Standards Taxable
amount. |
| Quebec Labour Standards Subject | 5,000 | There are Quebec Labour Standard Exempt Wages, so Subject = Gross – Exempt Wages |
| Quebec Labour Standards Taxable | 5,000 | Subject amount of 5,000 is Taxable since it is under the annual limit |
| Quebec Labour Standards Liability | 3.5 | Calculated value of Taxable * rate. For example, using the values for 2020: 5,000 * 0.0007 = 3.5 |
Load the Initialize Balance Batch Header
Use the InitializeBalanceBatchHeader.dat file to create the batch header.
METADATA|InitializeBalanceBatchHeader|BatchName|UploadDate|LegislativeDataGroupName
MERGE|InitializeBalanceBatchHeader|QLS_DIR_FEES|2020/01/01|CA LDG
Load the Initialize Balance Batch Lines
Use the InitializeBalanceBatchLine.dat file to create the batch lines.
METADATA|InitializeBalanceBatchLine|LegislativeDataGroupName|BatchName|LineSequence|Value|PayrollRelationshipNumber|TermNumber|AssignmentNumber|PayrollName|TaxUnitName|BalanceName|DimensionName|AreaOne|ContextOneName|ContextOneValue|ContextTwoName|ContextTwoValue
MERGE|InitializeBalanceBatchLine|CA LDG|QLS_DIR_FEES|1|6000.00|192191|ET192191|E192191|CA Semimonthly|CA Tax Reporting Unit|Quebec Labour Standards Gross|Relationship Tax Unit, Province, Statutory Report Type, Statutory Report Code Year to Date|19|Year End Forms|T4_RL1|Statutory Reporting Code|7453627101RS0001
MERGE|InitializeBalanceBatchLine|CA LDG|QLS_DIR_FEES|2|5000.00|192191|ET192191|E192191|CA Semimonthly|CA Tax Reporting Unit|Quebec Labour Standards Subject|Relationship Tax Unit, Province, Statutory Report Type, Statutory Report Code Year to Date|19|Year End Forms|T4_RL1|Statutory Reporting Code|7453627101RS0001
MERGE|InitializeBalanceBatchLine|CA LDG|QLS_DIR_FEES|3|5000.00|192191|ET192191|E192191|CA Semimonthly|CA Tax Reporting Unit|Quebec Labour Standards Taxable|Relationship Tax Unit, Province, Statutory Report Type, Statutory Report Code Year to Date|19|Year End Forms|T4_RL1|Statutory Reporting Code|7453627101RS0001
MERGE|InitializeBalanceBatchLine|CA LDG|QLS_DIR_FEES|4|3.50|192191|ET192191|E192191|CA Semimonthly|CA Tax Reporting Unit|Quebec Labour Standards Liability|Relationship Tax Unit, Province, Statutory Report Type, Statutory Report Code Year to Date|19|Year End Forms|T4_RL1|Statutory Reporting Code|7453627101RS0001
MERGE|InitializeBalanceBatchLine|CA LDG|QLS_DIR_FEES|5|6000.00|192191|ET192191|E192191|CA Semimonthly|CA Tax Reporting Unit|Gross Earnings|Relationship Tax Unit, Province, Statutory Report Type Year to Date|19|Year End Forms|T4_RL1||
MERGE|InitializeBalanceBatchLine|CA LDG|QLS_DIR_FEES|6|1000.00|192191|ET192191|E192191|CA Semimonthly|CA Tax Reporting Unit|Directors Fees|Relationship Tax Unit, Province, Statutory Report Type Year to Date|19|Year End Forms|T4_RL1|Statutory Reporting Code|7453627101RS0001