From 1748b219d1d8e0c05eb5aa7ce43cd334cc09d709 Mon Sep 17 00:00:00 2001 From: Terry Heley <43243051+theley502@users.noreply.github.com> Date: Thu, 16 Jan 2025 17:13:19 -0600 Subject: [PATCH 1/4] Update CAN18YETax.md --- dynamics-gp/payroll/CAN18YETax.md | 7 ++++--- 1 file changed, 4 insertions(+), 3 deletions(-) diff --git a/dynamics-gp/payroll/CAN18YETax.md b/dynamics-gp/payroll/CAN18YETax.md index 902e8b83..61662b34 100644 --- a/dynamics-gp/payroll/CAN18YETax.md +++ b/dynamics-gp/payroll/CAN18YETax.md @@ -8,7 +8,7 @@ manager: jswymer ms.topic: article ms.reviewer: jswymer ms.author: theley -ms.date: 12/9/2024 +ms.date: 1/16/2024 --- # Canadian Payroll 2024 Year-end Update & 2025 Tax Update @@ -327,9 +327,10 @@ Contribution rates for both employers and employees for 2025 is 5.95%. The follo > Example: > Constant 1 2024 Maximum > Constant 2 2025 Maximum +> To determine when you run a 2025 payroll what maximum to use, the system looks to the Federal Basic Personal Amount in the Tax Credit Control window (Tools > Setup > Payroll Canada > Control > Tax Credits). +> The system expects the amount of $16,129 for Federal Basic personal Amount in the control and then it will pull the 2025 maximum. -To determine when you run a 2025 payroll what maximum to use, the system looks to the Federal Basic Personal Amount in the Tax Credit Control window (Tools > Setup > Payroll Canada > Control > Tax Credits). -The system expects the amount of $16,129 for Federal Basic personal Amount in the control and then it will pull the 2025 maximum. +#### Canadian Payroll Tax Calculations [The CRA accepts different tax calculation methods, and these are outlined on their website](https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/t4127-payroll-deductions-formulas-computer-programs.html) From a0c840939608c5b37925693a970d7cb9807c6fc1 Mon Sep 17 00:00:00 2001 From: jswymer Date: Mon, 27 Jan 2025 13:50:20 +0100 Subject: [PATCH 2/4] Fix broken link in CAN18YETax.md --- dynamics-gp/payroll/CAN18YETax.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/dynamics-gp/payroll/CAN18YETax.md b/dynamics-gp/payroll/CAN18YETax.md index 61662b34..647553af 100644 --- a/dynamics-gp/payroll/CAN18YETax.md +++ b/dynamics-gp/payroll/CAN18YETax.md @@ -140,7 +140,7 @@ Canadian Payroll for Microsoft Dynamics GP has the ability to generate the XML f ### Finding the Software Developer Number and RL-1 Authorization number -If you plan to use the Internet to submit RL-1 records, you need to obtain the [Software Developer Number and the RL-1 Slip authorization number](https://learn.microsoft.com/dynamics/s-e/gp/cagptuye2018_285). Both numbers change every year. +If you plan to use the Internet to submit RL-1 records, you need to obtain the [Software Developer Number and the RL-1 Slip authorization number](/dynamics/s-e/gp/cagptuye2018_285). Both numbers change every year. You also can see [XML and form changes](#xml-and-form-changes) for the RL-1 authorization number and the steps for entering it. From 5957c8df69eb185af0d1c5d77fda684b78731def Mon Sep 17 00:00:00 2001 From: jswymer Date: Mon, 27 Jan 2025 14:04:52 +0100 Subject: [PATCH 3/4] Fix formatting for CPP and EI maximums --- dynamics-gp/payroll/CAN18YETax.md | 9 +++++---- 1 file changed, 5 insertions(+), 4 deletions(-) diff --git a/dynamics-gp/payroll/CAN18YETax.md b/dynamics-gp/payroll/CAN18YETax.md index 647553af..28e8db73 100644 --- a/dynamics-gp/payroll/CAN18YETax.md +++ b/dynamics-gp/payroll/CAN18YETax.md @@ -105,8 +105,9 @@ Use the following checklist for Canadian Payroll year-end processing. For detail To make it easier to determine CPP and EI maximums between running a payroll in a new year (2025 maximums) and printing T4's from prior years (2024 maximum), two constants are created each with the year maximum in place. Example: -Constant 1 2024 Maximum -Constant 2 2025 Maximum + +- Constant 1 2024 Maximum +- Constant 2 2025 Maximum To determine when you run a 2024 payroll what maximum to use, the system looks to the **Federal Basic Personal Amount** in the Tax Credit Control window. Tools | Setup | Payroll Canada | Control | Tax Credits. @@ -325,8 +326,8 @@ Contribution rates for both employers and employees for 2025 is 5.95%. The follo > To make it easier to determine CPP and EI maximums between running a payroll in a new year (2025 maximums) and printing T4's from prior years (2024 maximum), two constants are created each with the year maximum in place. > > Example: -> Constant 1 2024 Maximum -> Constant 2 2025 Maximum +> - Constant 1 2024 Maximum +> - Constant 2 2025 Maximum > To determine when you run a 2025 payroll what maximum to use, the system looks to the Federal Basic Personal Amount in the Tax Credit Control window (Tools > Setup > Payroll Canada > Control > Tax Credits). > The system expects the amount of $16,129 for Federal Basic personal Amount in the control and then it will pull the 2025 maximum. From 8947d5d413c223b8d4f63cb2e3d511d61ba447d7 Mon Sep 17 00:00:00 2001 From: jswymer Date: Mon, 27 Jan 2025 14:06:14 +0100 Subject: [PATCH 4/4] Add example for 2025 payroll maximum. --- dynamics-gp/payroll/CAN18YETax.md | 1 + 1 file changed, 1 insertion(+) diff --git a/dynamics-gp/payroll/CAN18YETax.md b/dynamics-gp/payroll/CAN18YETax.md index 28e8db73..0f6d0d5e 100644 --- a/dynamics-gp/payroll/CAN18YETax.md +++ b/dynamics-gp/payroll/CAN18YETax.md @@ -328,6 +328,7 @@ Contribution rates for both employers and employees for 2025 is 5.95%. The follo > Example: > - Constant 1 2024 Maximum > - Constant 2 2025 Maximum +> > To determine when you run a 2025 payroll what maximum to use, the system looks to the Federal Basic Personal Amount in the Tax Credit Control window (Tools > Setup > Payroll Canada > Control > Tax Credits). > The system expects the amount of $16,129 for Federal Basic personal Amount in the control and then it will pull the 2025 maximum.