How to adjust payroll for a closed year?
Description
Cause
Resolution
  • Sage BusinessVision program doesn't stop you from voiding a paycheque or entering a paycheque for last year
  • However, doing this will affect the earnings for the current year and not last year
  • T4 for last year doesn't change. The adjustment will affect the T4 for this year

If you want the adjustment to affect last year earnings and last year T4:

  1. Enter a manual journal general ledger entry for the adjustment.
  2. Edit the T4 for last year to reflect the adjustments.
[BCB:162:Chat BusinessVision CA:ECB]

 

 

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