With Sage HRMS, year end is a simple process but it requires a little effort to validate the amounts reported.
Verify the year-to-date values are correct for gross wages, earnings subject to tax, earnings subject to tax (no ceiling), employer expense, and employee withholding. Two reports you can use to validate this information are Earnings and Hours (select Reports > Canadian Payroll > Transaction Reports), and Tax Calculation Analysis (select Reports > Canadian Payroll > Transaction Reports).
Compare Earnings and Hours to Tax Calculation Analysis
Using the Earnings and Hours and Tax Calculation Analysis reports, select the Report Type Calendar Year Totals to retrieve YTD information. Use the Report Summary pages and Year To Date columns in the reports to balance the following taxes:
If amounts are incorrect use transaction history to make adjustments
How to create a transaction history record - ID 47670
Transaction history and general ledger - ID 21088