Balancing T4’s
You have two months of payroll remittances left to make sure that you have reported and paid your Source Deductions for the entire year correctly.
It is important for you to review the balance of your Payroll Liability account on your accounting program with your CRA Payroll account balance in November, so that you are able to make any adjustments to your December or January’s remittance & payments.
By doing this in November will save you time in February when balancing your T4’s.
If you need help balancing your Payroll Liability accounts or filing your T4’s, please call Preferred Client Services today and one of our 15 Professional Bookkeepers are here to help!