To enter YTD Amounts, open Set Up YTD Amounts window by either
• from the Home Page, click Payroll Centre icon > Set up YTD Amounts icon, or
• from Main Menu > Employees > Payroll Set Up > Set Up YTD Amounts:
- Read and click Next:
- Answer the questions & enter the required dates. Click Next:
- Answer the questions & enter the required dates. Click Next:
- Highlight employee’s name on the Employee column to enter YTD amounts and click Enter Summary:
YTD Summary is always shown on quarterly basis since payroll tax remittances are dues quarterly. In this example, we set the payroll date on Nov 30, 2012, which means we have three (3) quarterly summaries, October, and from 1-29 November 2012. Keep clicking Next Period button to go to next periods.
- Repeat the above process for all employees. Once you are done, click Next:
- If your company has not made any tax payment, click Next. Otherwise, click Create Payment if you have already made payments to Canada Revenue Agency for taxes and other payroll liabilities. Enter previous taxes values in the Amounts column:
- Once finished, click Done, which will bring you back to previous window. Click Next:
- Click Finish and check the Employee Earnings Summary Report to ensure your data is correct.