Hi,
How to post the journal entries for the paying the benefits statement to the benefits company at the beginning of the month the employee and employer portion is automatic out of the account.
How to post the payroll entry with the employee deduction for payroll. I have it set up as a payable but how do you clear that payables account?
Employer portion 60% employee portion 40%.
How do you record the employee paid portion on the T4 to box 85?
Thanks,
Kari