Common Payroll Year-End Questions (Canadian Payroll)

Sage 300 allows Canadian Payroll users to create tax forms without closing the payroll year. There are different formats for T4 and Relevé 1 slips.

Obtain T4 or Relevé 1 tax forms

• Order T4 forms directly from the Canada Revenue Agency
• Order Relevé 1 forms directly from Revenue Québec

Choose Relevé 1 print formats

• Laser printer format prints Relevé 1 data only on pre-printed forms
• Plain paper format prints Relevé 1 data and the form on blank 8.5” x 11” paper
• Provide paper copies to employees, but don’t submit plain paper copies to Revenue Québec

Choose T4 print formats

• Laser printer format prints T4 data only on pre-printed forms
• Plain paper format prints T4 data and the form on blank paper

Print limits and timing

• You can print T4 slips as many times as needed

Close the payroll year

• You never close the payroll at year-end
• Continue processing payrolls normally when the calendar year changes
• Payrolls use the year based on the period end date
• After completing year-end tasks, back up data. Run Delete Inactive Records to remove terminated employees and obsolete information

Produce prior-year T4s

• Sage 300 allows T4 creation after processing new-year payrolls
• Enter the prior year in the Payment Year field when generating T4s