As per the Canada Revenue Agency, T4 Box 52 for Pension adjustment needs to be reported in dollars only. Currently AccPac reports this amount in dollars and cents, which is incorrect.

Here is the information from the CRA Employers' Guide Filing the T4 Slip and Summary, http://www.cra-arc.gc.ca/E/pub/tg/rc4120/rc4120-10e.pdf, page 12:

Box 52 – Pension adjustment

If you have a registered pension plan (RPP) or a deferred
profit sharing plan (DPSP), enter, in dollars only, the
amount of the employee’s pension adjustment (PA) for the
year.

Is this something that can be easily adjusted in AccPac, this is a much easier fix in the program itself than to have to enter manual Transaction History adjustments to get this number to a dollar amount only.

by: Trevor S. | over a year ago | Payroll