PeopleSoft Year-End Payroll - Canada (Training On Demand)

Course Details
Code:
D86194GC10
Tuition (USD):
$815.00 $774.25 • Self Paced

This PeopleSoft Year-End Payroll - Canada training covers the steps necessary for Oracle's PeopleSoft Payroll for North America’s Canadian year-end processing. Expert Oracle University instructors will help you develop an understanding of adjustments, balances, year-end slip processing, common pitfalls and errors and balancing reports.

Learn To:

  • Create balance adjustments.
  • Perform year-end audits.
  • Process year-end slips.
  • Identify the five steps of year-end payroll.
  • Produce accurate year-end reporting results, including T4, T4A, RL-1 and RL-2.

Please Note

This course is not release-specific. You must reference PeopleSoft Payroll for North America Tax Updates for release-specific information. The course is taught using a PeopleSoft 9.1 environment, but is pertinent to customers using PeopleSoft releases 8.81 or higher.

Skills Gained

  • Prepare records for next year’s payroll processing
  • Define year-end payroll processing
  • Process year-end data
  • Perform year-end preprocess audits for core tables and employee data
  • Produce year-end forms and files

Who Can Benefit

  • Business Analysts
  • End Users
  • Functional Implementer

Prerequisites

  • Working knowledge of PeopleSoft Payroll for North America
  • Knowledge of your company's year end payroll processing reqs

Course Details

Defining the Year-End Business Process

  • Describing Tax Updates During the Year
  • Describing Preparation for Year-End Processing
  • Describing the Five Steps of Year-End Processing

Performing Preprocessing Audits of Setup Tables

  • Mapping Values to the Tax Form Definition and Tax Form Footnote Tables
  • Auditing the Tax Form Definition and Footnote Tables
  • Updating Tax Reporting Parameters
  • Defining Setup Information for T4, T4A, and RL Reporting
  • Updating the Wage Loss Replacement Plan
  • Describing Pension Adjustment Calculation Factors
  • Identifying Company Name and Address Information in the Company Table
  • Identifying Tax Form Information in the Canadian Company Tax Table

Performing Preprocessing Audits of Employee Data

  • Describing Employee Benefit Processing and Adjustments
  • Running the Open/Close Pay Calendar Process
  • Describing Methods for Adjusting Tax Balances for an Employee
  • Using a Manual Cheque to Adjust Balances
  • Making Online Balance Adjustments
  • Auditing Employee Data Using Year-End Reports

Processing Year-End Data and Loading It to Employee Records

  • Loading T4, T4A, RL-1, and RL-2 Records
  • Retrieving Year-End Slip Information Online

Performing Post-Processing Audits

  • Running the Year-End Error Report
  • Running the T4, T4A, RL-1, RL-2 Audit Report
  • Defining the Reload Process
  • Viewing the Tax Forms Online
  • Amending or Canceling T4, T4A, RL-1, and RL-2 Slips

Generating Year-End Slips, Reports, and Electronic Media Files

  • Describing Production Processing of Year-End Forms
  • Describing T4, T4A, RL-1, and RL-2 Reports
  • Reporting Year-End Slip Data on Electronic Media
  • Printing T4, T4A, RL-1, and RL-2 Slips
  • Producing Online T4 and T4A Slips in PDF Format
  • Producing Year-End Summary Reports
  • Reconciling and Balancing Year-End Slip Totals

Loading Next Year's Tax Data

  • Identifying the Pages Used to Update Employee Tax Information
  • Running the Update Source Deductions Process
  • Describing Year-End Balance Rollovers
  • Identifying the Steps to Prepare for the New Processing Year
Course Details
Code:
D86194GC10
Tuition (USD):
$815.00 $774.25 • Self Paced