1. Administering Payroll for Canada End-of-Year Processing
  2. Create Balance Feeds and Adjustments for End-of-Year Reporting

Create Balance Feeds and Adjustments for End-of-Year Reporting

Review the balances required for year-end reporting and if required, perform balance adjustments and create balance feeds before you begin the end-of-year processing. This example demonstrates how to adjust the balance and create balance feeds for year-end reporting.

How to Adjust an Individual Balance

Process an individual year-to-date balance adjustment for an employee to report balances not processed through the payroll.

Complete these steps to adjust an individual balance for an employee.

  1. Search and select the Adjust Individual Balances task under Payroll in My Client Groups on the Home page.

  2. Enter the search criteria and click Search.

  3. Select the employee name in the Search Results section to open the Adjust Individual Balances page.

  4. On the Person Details page in the Adjust Individual Balances Element Details section, complete the fields as shown in this table. Use the default values except as indicated in this table.

    Field

    Value

    Effective Date

    Enter the effective date of the adjustment. Use a date that's on or prior to December 31, of the calendar year.

    Note: The adjustment date must be within the calendar reporting year.

    Element Name

    Select the name of the results element.

    Note: Ensure you populate all the required input values of the element, for example, province and reporting type.

    Assignment Number

    Select the assignment number of the employee, if applicable.

  5. In the Adjustment Values section, enter a value for the Pay Value and select the Province.

  6. In the Costing and Payment Details section, select No for both these questions.

    • Do I owe the person a refund?

    • Does the balance adjustment require costing?

  7. Click Submit.

  8. Click OK and then Done.

How to Create the Balance Feeds

Complete these steps to create the balance feeds.

  1. Search and select the Balance Definitions task under Payroll in My Client Groups on the Home page.

  2. In the Balance Definitions search section, enter the year-end balance name in the Name field. For example, T4 Pension Adjustment.

  3. Select a Canadian Legislative Data Group.

  4. Click Search.

  5. Select the balance to navigate to the Balance Definitions page.

  6. Select Balance Feeds folder in the left pane.

  7. In the Balance Feeds by Elements section, select Actions-Create.

  8. Select the Element Name. This element feeds the year-end balance.

  9. Select the Input Value of the Pay Value.

  10. Select Add.

  11. Click Submit, then Done.

Related Topics