FormerMember

recent conversion from 2012-2018

Posted By FormerMember

I just converted my company files from simply 2012 to sage pro 2018.

I'm trying to post paychecks but "create paycheck" won't highlight and allow me to post my paychecks.

What am I missing here? Didn't all my employee info transfer?

  • 0

    Hi

    You do need a support plan in order to post paycheques in Sage 50 Canadian Edition.

  • 0

    I just converted my company files from simply 2012 to sage pro 2018.

    I'm trying to post paychecks but "create paycheck" won't highlight

    Newer versions require a support plan, even to manually enter paycheques

  • 0

    Hi L Daciuk:

    If you really need to do payroll and you do not want to pay for support I would suggest using your 2012 version and CRA especially if you do not have too many employees. Just calculate with CRA and then manually enter into your 2012 Sage 50.

    Hope this helps!

  • 0 in reply to Agate

    If you choose to keep using an older version of Sage like this, be aware that you might have to do some manual adjustments to your EI insurable earnings when you print your T4 slips.  Sage back-calculates the EI insurable earnings using the formula (EI actually deducted) ÷ (EI rate in effect when the program was published) - so, if you are using the 2012 version to print 2018 or 2019 T4's, the EI insurable earnings will be wrong because the rate in 2012 was 1.83%; 2018, 1.66%; 2019, 1.62%.

    For example, $1,000 of EI-insurable earnings at 2018 rates = $16.60 deducted.  Sage 2012 will back-calculate from 16.60 deducted and assume that EI insurable was only $907.10.  CRA will then ask you why you deducted $16.60 of EI on $907.10 insurable earnings, when the correct 2018 amount would have been only $15.06.

    This is no big deal.  You just enter the payroll as actually paid throughout the year, and then figure out for yourself what the EI insurable earnings should actually be, and type this into the T4 tab of each employee's profile, before printing T4's.

    Oh - and take the PIER report from Sage with an even bigger grain of salt than usual when using an old version for current payroll.