PeopleSoft - Course Details

PSYEP-C PeopleSoft Year-End Payroll - Canada

PeopleSoft Course Description:
This course is not release-specific. Students 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 on PeopleSoft releases 8.81 or higher.
PeopleSoft Course Duration:
1 Day Training
PeopleSoft Course Target Audience:
Business Analysts,End Users,Functional Implementer
PeopleSoft Course Prerequisite:
Working knowledge of PeopleSoft Payroll for North America,Knowledge of your company's year end payroll processing reqs
Course Content:
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