Sage 50 Canada

Hi I need help with an error I made. I have an employee who turned18 in the summer and forgot to start collecting CPP from his paycheque. My accountant has informed me that as a result we owe the CPP that wasn't collected but that we can set up a loan…

So we are planning on renting a house from another company to be used as a staff house. We will then charge our employees a fraction of the cost of the rent and the company will pay the rest of the cost. Question: Do we count charging our employee rent…

Hello everyone! The organization I work for hired someone to fill a 1 year maternity replacement position. Typically staff would enroll in our RRSP plan and take advantage of our health benefit plan. In lieu of RRSP and health benefits I was asked to…

I have 1 client that I share the Sage file with (we each have our own copy of Sage 50 2018). I have most of my other clients on 2019 and I also subscribe to payroll. I found that the 2019 versions all had their tax tables updated to the July 2019 version…

I received a cheque from the MRQ for a reimbursement of $236.04 regarding deductions at source (Taxes, RRQ, FSS, RQAP) for the 2018 tax year. How do I enter this in Simply Accounting? I guess I overpaid them. My fiscal year is June 1st to May 31st…

I am creating my T4's for 2018 but I am unsure about one employee. From Jan.-June he was considered an employee, but then he purchased the company (100% of it) from the original owners and is now considered EI exempt. So from July forward I was not taking…

The CPP deductions seem to be calculating wrong on salaries that are higher than the CPP maximum amount since the 2019.1 update. Example: Salary: 100,000 CPP Exemption: 3,500/26=134.62 CPP rate: 5.1% 100,000/26 =3846.15 3846.15-134.62=3711…

An employee used company materials and has asked me to just deduct it from paycheque. What's the best way to do this? Currently what I'm doing is making a purchase invoice to our company. (As if company purchased something from itself). I post…

1. An employee was given a cheque $178.56... as an advance that will come off of his next paycheck. I minus deductions from $184.00 to find $178.56 and write a cheque out manually from our cheque book. Was I right to minus deductions on this advance?…

Can someone confirm if latest version does the same? If I save a recurring paycheque for full-timer with manually calculated amounts in each of CPP, Tax, and EI (all 3 differ from what the program calculates) - it saves and recalls correctly all amounts…

Have just taken on a student employee who will work sporadically - mainly to assist a field tech when a client needs an onsite visit or when a specific project requires either more hands or a specific programming task to be done (which he is skilled at…

I have been doing payroll for my father's business for 2 years. My brother and sister also work here along with other regular employees. I have been deducting EI from my sister, brother and my paycheques since Jan 1, 2014. How can I amend a T4 to change…

We have one employee who receives an advance of 1500.00 each month. I think i have it set up properly however, when I create him his actual pay cheque at the end of the month and deduct the 1500.00 from his current pay it will not automatically calculate…