Common Year–End Questions (Canadian Payroll)

Where can I obtain T4 or Relevé 1 forms?

• Order T4 forms from Canada Revenue Agency (CRA)
• Order Relevé 1 forms from Revenue Québec

Which Relevé 1 formats can I use?

The Payroll program prints Relevé 1s in:

• Laser printer format, which prints the Relevé 1 data only (you must load preprinted forms in the printer)
• Plain paper format, which prints both the Relevé 1 data and the Relevé 1 form (load 8.5” x 11” blank paper in the printer)
• Paper copies can be provided to your employees, but cannot be submitted to Revenue Québec

 

Which T4 formats can I use?

The Payroll program prints T4s in:

• Laser printer format, which prints the T4 data only (you must load preprinted T4 forms in the printer).
• Plain paper format, which prints both the T4 data and the T4 form (load blank paper in the printer).

 

Is there a limit to the number of times the T4s can be printed?

You can print the T4 slips as many times as you need to.

 

When do I close the year?

You never close the year. Simply continue processing payrolls as you do all year long, entering period-end dates in the new year as you cross the calendar year boundary.

After you have completed all of the previous year’s year-end processing, and made backup copies of the data, you can run Delete Inactive Records to remove terminated employees and other obsolete information from your data.

Can I produce T4s for last year after processing payrolls for Jan 1?

Yes. The Payroll program allows you to start processing payrolls for a new year and later produce T4s for the previous year without any additional procedures. When you produce T4s, select the appropriate year as the Payment Year.