PeopleSoft Year-End Payroll - Canada

Course Details
Code:
D78487GC20
Tuition (USD):
$900.00 • Classroom (1 day)

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.

Benefits to You

By taking this course, you'll be able to better manage your payroll using this powerful solution.

Use a PeopleSoft 9.2 Environment

This course is not release-specific. Please reference PeopleSoft Payroll for North America Tax Updates for release-specific information. The course is taught using a PeopleSoft 9.2 environment, update image 18 environment - but is intended for organizations using PeopleSoft releases 8.81 or higher.

Live Virtual Class in Seminar Format

The LVC course is conducted in seminar format. The instructor demonstrates all activities. Students do not have hands-on access to an environment. If you prefer hands on, please consider scheduling a private, in-class ILT (instructor led training) event for your organization.

Skills Gained

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

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 Scheduled Tax Updates
  • Describing Preparation for Year-End Processing
  • Describing the Five Steps of Year-End Processing
  • Describing Sources of Information fo PeopleSoft Payroll for North America and Year-End Processing

Performing Preprocessing Audits of Setup Tables

  • Mapping Values to the Tax Form Definitions Table
  • Auditing the Tax Form Definitions Table
  • Specifying Year-End Form Options for PDF Year-End Slips Processing
  • 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 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
  • Printing and Viewing T4, T4A, RL-1, and RL-2 Year-End 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:
D78487GC20
Tuition (USD):
$900.00 • Classroom (1 day)