Bredet Services Inc. Payroll Year End

Payroll Year End Checklist

Back-up Database Install and Activate the latest Tax Update Update Federal and Provincial Tax Forms Update TD1 Claims in Accpac Print T4 Forms for Employees, Employers

and Summary for the CRA.

Step 1- Back Up Database

In order to back up a database go to:Start- All Programs- Sage Accpac- Tools –

Database DumpSelect the Database and click Dump.

Install and Activate Tax Update

Tax updates are needed to produce Government Reports and process Payroll correctly.

Sage Accpac will provide you with the update.

Launch download and allow download to Run.

Install and Activate Tax Update Once Tax Update is Installed you must activate Update.

Go into Sage Accpac Data Activation to complete this step.

Update Federal TD1 Form

Update Provincial TD1-ON Form

Update Employee Records

There are 2 ways to complete thisUsing Update TD1 ClaimManually changing each employee record.

Using Update TD1 Claim

Update Taxes Manually

Print T4 Forms for Employees

By Feb 28th employees require a copy of their T4 Statements.

Accpac has the ability to print the form for you in the template of the government form.

To access the form go to Sage Accpac – Payroll Government Reports – T4

Accpac also can send T4’s electronically.

Payroll T4 Report

T4 From Accpac

Thank you for attending!

Daniela Puzzo

Jennifer Holmanjholman@bredetservices.com

Thank You