What to Expect in This Lesson

In this lesson, we’ll guide you through generating and submitting T4 slips for the CRA and RL-1 slips for RQ using Humi. We’ll highlight key steps to ensure accuracy before submission and walk you through critical year-end tasks.

Here’s what you’ll learn:

• Verifying Payroll Information – Checking and updating your payroll remittance frequency with the CRA and Revenue Quebec.
• Assigning Dental Benefit T4 Codes – Understanding and applying mandatory T4 codes.
• Making Adjustments – Using Humi’s adjustment tools to correct any discrepancies.
• Balancing and Reconciling Slips – Ensuring T4s and RL-1s match payroll records.
• Performing a Self-PIER Audit – Reviewing CPP, EI, and income tax deductions for accuracy.
• Running Preview Reports – Generating T4 and RL-1 previews to catch errors before finalizing.
• Finalizing and Submitting Forms – Make necessary adjustments and officially file the slips.

We’ll also cover additional steps like generating and filing RL-1 summaries, amending T4 slips if needed, and preparing for the next tax year by updating information for 2025.