The Canada Revenue Agency allow companies to file their T5018 reports based on either calendar year or fiscal year. They encourage you to choose one method and stick with it year after year. If you do need to change your reporting period with the government, you have to write to them requesting permission. Sage 100 only offers T5018's to be filed by calendar year. If it is a choice with CRA, the software should be able to offer the same choice.

by: Dana P. | over a year ago | Review and Reporting