Sage 100 Contractor: Federal/provincial tax report - MAJOR FLAW - completely misses certain payrolls if using end date (bi-weekly). However check date is incorrect reporting method. Payroll tax remittances and year end reporting are based on when wages were earned not when they were paid.

Votes

1 Federal/provincial tax report - MAJOR FLAW - completely misses certain payrolls if using end date (bi-weekly). However check date is incorrect reporting method. Payroll tax remittances and year end reporting are based on when wages were earned not when they were paid.

by: Julie M. | over a year ago | Payroll

For example if your last two weeks' pay of the year ends on Dec 31, 2022 but the check date is Jan 5 you would be reporting that payroll as 2023. So your source deductions would be reported incorrectly and late and your year end could include 2021 wages and be missing 2022 wages.

by: Julie M. | over a year ago | Payroll

1

Federal/provincial tax report - MAJOR FLAW - completely misses certain payrolls if using end date (bi-weekly). However check date is incorrect reporting method. Payroll tax remittances and year end reporting are based on when wages were earned not when they were paid.

Comments