To Access Payroll Liability RemittanceThe software automatically records all payroll liability entries while making payroll entries. As a result, preparing payroll remittances are easily processed.
To Access Payroll Liability Remittance
The payroll liability remittance dialog calculates and displays the remittance amounts automatically. Once all fields are ready, click Save to process the remittance.
Location - Choose the location you are remitting for. If you are logged into the enterprise head office, you may remit on behalf of other locations. To balance the transaction, account 1355 - Payments from Other Locations is used. If payroll was entered in head office location then all liabilities will be remitted from that location.
Remittance Due Date - Is the date the remittance is due to be remitted.
Reporting Period - Is the date range to include for the remittance period.
Total Payroll - Is the total gross pay for the selected period.
Liability - Each user defined payroll liability will be listed in this column. Check the box if the liability is to be included in the remittance.
Note: There may be times when you may not want to include a liability account in the remittance. For example, if you deduct amounts from employees for uniforms it is used to recoup the expense and not remit to a government agency.
Employee - The total contribution from the employees for each liability.
Employer - The total contribution from the employer for each liability.
Adjustment - The total of any adjustments made to each payroll liability account using the GL Adjustment Tool.
Total Remittance - The total to be remitted.
Bank Account - The bank account the check will be written from.
Click Save to process the payment. You will be prompted if you would like to print a copy of the remittance for your records.
