• produce the Net Summary by employer no (as an Excel rpt)
• produce the T4 Control report
• balance earnings, statutory deduction totals from the Net Summary to the T4 control report (verify that there are no negative amounts)
• produce the Taxable benefit report to balance the taxable benefits included in Box 14 of the T4 and Box A of the RL1.
• spot check a few employees to make sure the totals are correct
• import YE adjustments
• Produce the Empl.Payinfo.T4 adj report to view the adjustments.
• balance new totals including adjustments (Use the Net Summary report and the Empl.Payinfo.T4 adj reports)
• produce YE reports hard copy OR save file to a YE directory. The data must be saved for 6 years in case of GOVT audit.
• produce T4 and R1 page 1 only to verify all boxes are showing correctly
• once everything has been validated produce and distribute the T4 and R1 slips to your employees before Feb 28th
• prepare the T4 and R1 XML files
• transmit to Rev Can and Rev QC before Feb 28th
• complete the R1 summary using the figures from R1 control report.
• balance the YE statutory deduction totals to the amounts remitted during the year.
• ADD YE summary amounts and prepare remittance cheques for the balance dated at the latest Feb 28th.
• Prepare and send the other Year End reports
  • WSIB, WCB, CNESST
  • WSDRF
  • CARRA
  • etc