PIER Report
Other Payroll software has the ability to run a report that verifies CPP and EI deductions. Often at the end of the year we need to run a report to verify CPP and EI deceptions are correct to avoid a PIER report from CRA. This is important for employees who do not work consistent hours as often there will be minor issues like $10 on the CPP amounts.
The report simply takes the EI income and multiplies it by the EI rate and looks at YTD and shows the different.
CPP would be the same, however it needs to include the CPP exemption amount
Included in this feature should be the ability to ignore amounts under $1.
Thanks
Andrew
Please sign in to leave a comment.
Comments
0 comments