Create User-Defined Elements for Prior Tax Balances for Canada

Canada has tax balances to hold the prior contribution values for an employee. The tax balances are for Prior Canada Pension Plan (CPP), Prior Quebec Pension Plan (QPP), Prior Quebec Parental Insurance Plan (QPIP), and Prior Employment Insurance (EI).

This is to accommodate those values deducted by a previous employer in the case of acquisitions. These prior values are considered for the annual maximum contribution limits. The balances are listed below.

The dimension of Relationship No Calculation Breakdown, Province, Statutory Report Type Year to Date is used to initialize the following balances for Employment Insurance (EI)I:

• Prior EI Employer Liability

• Prior EI Employee Withheld

• Prior EI Employer Taxable

• Prior EI Employee Taxable

The dimension of No Calculation Breakdown, Statutory Report Type Year to Date is used to initialize the following remaining balances:

• Prior CPP Employer Liability

• Prior CPP Employee Withheld

• Prior CPP Employer Taxable

• Prior CPP Employee Taxable

• Prior CPP Employee Basic Exemption

• Prior QPP Employer Basic Exemption

• Prior QPP Employer Liability

• Prior QPP Employee Withheld

• Prior QPP Employer Taxable

• Prior QPP Employee Taxable

• Prior QPP Employee Basic Exemption

• Prior QPP Employer Basic Exemption

• Prior QPIP Employer Liability

• Prior QPIP Employee Withheld

• Prior QPIP Employer Taxable

• Prior QPIP Employee Taxable

You can also adjust these balances using the balance adjustment process. Because these balances can't be adjusted directly, create an element corresponding to each balance you want to adjust, and use that element to feed the balance.

Use the Elements quick action under Payroll on your Home page, and create an element of Employer Taxes primary classification. Enter the required data and accept the default entries. After you submit the basic information create these components.

The classification of Employer Taxes covers both the employer and employee balances.

• On the Element Summary page, enter Input Values for Province and Statutory Reporting Type.

• Create the element eligibility for the base element, as well as the Results element created.

  Note: If you don't see the Results element for selection, ensure you have created the element eligibility for the Results element.

• Create the necessary adjustments for the prior balances.

  Use the Pay Value to adjust the balance value. For any EI elements, select the province from the list as part of the adjustment entry. For non-EI elements, only adjust the Pay Value.