Preparing for Year-End - Overview Video
Year-end payroll preparation can be complex, but this guide will help you navigate through the process smoothly. Here's a breakdown of the key topics covered:
- Reviewing the tax season process as a payroll admin
- Checking payroll remittance frequency with CRA and Revenue Quebec
- Assigning mandatory Dental Benefit T4 codes
- Using Humi tools to balance and reconcile T4s and RL-1s
- Preparing for 2025 by adding workers' compensation benefits rates and personal tax credits & deductions
By following these steps and utilizing Humi's features, you can streamline year-end payroll processes and transition smoothly into the new year.
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