How to adjust T4 amounts
Description
Cause
Resolution
After you close the payroll at year-end, you can't change to the payroll for last year. However, you can modify the T4 amounts.
 NOTE: This process only affects the T4 forms. It doesn't change the amounts in the payroll module.
 NOTE: Consult with your accountant for adjusting journal entries if needed.

 

Follow these steps to adjust the T4 amounts:

  1. Click Edit, Payroll, then select T4 and T4 Summary.
  2. Click OK to create the employee list.
  3. Double-click the employee name you wish to adjust.
  4. T4 information will come to the screen. Enter the Adjusted amount
  5. If you need to add a box to T4, select the box number and enter the Adjusted amount.
  6. Click Save icon.
  7. Click Close icon.
  8. Repeat the process for other employees.
  9. Place a check mark in the box in front of the employee you wish to print T4.
  10. Click the dropdown arrow next to the printer icon and select Print T4.
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