canada_-_cpp_ei_ppip_exempt_setup
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canada_-_cpp_ei_ppip_exempt_setup [2015/02/27 15:13 (9 years ago)] – derek | canada_-_cpp_ei_ppip_exempt_setup [2019/04/02 14:16 (5 years ago)] (current) – rreyes | ||
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- | Payroll Configuration to Conform to CRA Requirements for T4 Form | + | ====== CPP / EI Exempt Employees====== |
- | 1. Enable exempt flags (Ex. CPP Exempt | + | Canada Pension Plan (CPP) and Employment Insurance (EI) as configured in Windward Payroll are setup as taxes. These taxes were mandated by Canadian Revenue Agency. However, there are provisions that an employee |
- | a. Open the employee exempt | + | |
- | b. Turn on flags for CPP Exempt and EI Exempt | + | |
- | 2. Print T4 - STMT REMUNERATION form | + | If an employee is CPP and/or EI exempt, special subtypes and calculation types was created to cater this special functionality in calculating Canadian income taxes. |
- | a. CPP and EI boxes must contain “X” marks signifying that the employee is CPP and EI exempt | + | |
- | 3. Generate T4 STMT OF REMUNERATION PAID XML EXPORT | + | As an example, when setting an employee to be EI exempt, in the //Employee Details// tab of the employee setup there is a check box for EI exempt. If exempt for both CPP and EI, then both check boxes needs to be checked. However, this check boxes doesn' |
- | a. Ensure | + | |
- | i. Select proper Tax Year (Ex. 2014) | + | {{cppeixbox.jpg}} |
- | ii. Provide Principal Owner SIN# | + | |
- | iii. Provide Unique Reference – this is user-defined numbers, i.e., any numbers | + | The factors affecting the calculation is the subtype and calculation type being used. Thus, if an employee |
- | iv. Provide | + | |
- | v. Define | + | {{eixsubtype.jpg}} |
- | vi. Enable Validate XML Export | + | |
- | vii. Click Generate XML to generate | + | After selecting |
+ | |||
+ | {{EIXCalcType.jpg}} | ||
+ | |||
+ | < | ||
+ | |||
+ | Once the income type has been added using the appropriate subtypes and calculation types, you can then add the specific income tax to be withheld from the employee. |
canada_-_cpp_ei_ppip_exempt_setup.1425078796.txt.gz · Last modified: 2015/02/27 15:13 (9 years ago) by derek