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TD1/TP1015.3 Information

Owned by Nathan F. Welchlin [X] (Unlicensed)
Last updated: 11 06, 2024 by Claire Aleman

Overview:

The TD1/TP1015.3 Information window allows you to enter TD1 (Personal Tax Credits Return) and TD1X (Statement of Commission Income and Expenses for Payroll Deductions) information for employees with a Payroll Country Code of CAN in the Employee Payroll Information window. PENTA uses elements from this window in Canadian payroll calculations as necessary for specific formulas.

This window provides a field for each element on Federal and Provincial TD1 forms and on the TD1X form.

Benefits:

  • Enables full leverage of PENTA's Canadian Payroll functionality.
  • Allows end users to dynamically change Canadian Personal Withholding/Credit/Deduction amounts to remain in compliance with Canadian standards as the law changes.
  • Window also allows for automatic updates from PENTA. These Canadian compliance updates occur automatically on a semi-annual basis

Roles:

  • Payroll Clerk
  • Payroll Manager
  • Assistant Controller

Additional Content

Location:

  • Payroll Module> Employees> TD1/TP1015.3 Information

Video:

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Penta Technologies continuously strives to improve customer content, therefore, information is subject to change at any time.