Setting up Payroll Remittance (assigning accounts payable cards)

The Payroll Remittance section of the payroll setup window is used to assign accounts payable cards to some of the remittance requirements you may be working with. Custom deduction remittances are not covered under this section.  

1. Click Setup in the Payroll menu. The Payroll window will appear.
2. Select Payroll Remittance from the left-hand menu.
3. Enter the following information:
   • CRA Remittance payable card – Use the button to bring up the Accounts Payable Supplier window and chose CRA – Payroll or other appropriate account. Amounts due to Canada Revenue Agency such as Income Tax, CPP and EI will be held in this account until such time as you enter the withdrawal to record the payment to CRA.
   • Remittance frequency – Use the drop down list to pick the appropriate remittance frequency for your payments to CRA. Most businesses will use a Monthly remittance frequency but may use Weekly, Bi-monthly, Annually, Quarterly or Semi-monthly. If you are unsure of the frequency with which you are required to submit payroll deductions to CRA, contact your accountant.
   • Revenu Quebec remittance payable card – Use the button to bring up the Accounts Payable Supplier window and choose Revenu Québec – Payroll from the list. If you are completing payroll outside of Quebec, you may assign the same account used for CRA remittance payable card.
   • WCB remittance payable card - Use the button to bring up the Accounts Payable Supplier window and choose WCB – Payroll account. If you are not participating in the program you may assign the same account used for you CRA remittance payable card.
   • WCB remittance frequency – Use the drop down list to pick the appropriate remittance frequency for your payments to WCB (or CSST in Quebec). If you are unsure of the frequency with which you are required to submit premiums to the Workers’ Compensation Board, contact your accountant.
   Note: if the appropriate Accounts Payable card does not exist in the Accounts Payable Supplier windows then you may create it by clicking the Add button in that window.
4. If you have made any changes in the Payroll Remittance setup window, you must click on the Apply Changes button before continuing on to the next step.

Last updated on June 27, 2014 by FCC AgExpert