What's New - Powerpay 6.6

Welcome to the 6.6 release notes. Review the information for details relating to the 6.6 release. If you prefer, you can view a PDF version of the release notes.

New Functionality

The COVID Wage Subsidy Report page.Closed From the Reports menu, select COVID Wage Subsidy Report. displays the details on the selections and amounts that were entered each Pay Period on the COVID Wage Subsidy page, eliminating the need to review the Audit for each pay period.

The report displays the following information when values were entered or selected on the COVID Wage Subsidy page:

  • Pay Period Number – the pay period number and run type

  • Ending Date – the end date for the pay period

  • Business Number – displays when a ‘Reduce Remittance By’ amount was entered on the COVID Wage Subsidy page for the pay period. If a ‘Reduce Remittance By’ amount was entered for multiple business numbers in the same pay period, each business number displays in the report.

  • Subsidy Claimed – the amount entered in the a ‘Reduce Remittance By’ amount on the COVID Wage Subsidy page for the business number and pay period.

  • Defer MB EHT – displays ‘Yes’ if the defer Manitoba Health & Education Levy checkbox was selected for the pay period.

  • Defer NS WCB - displays ‘Yes’ if the defer Nova Scotia WCB checkbox was selected for the pay period.

  • Defer ON EHT - displays ‘Yes’ if the defer Ontario Employer Health Tax checkbox was selected for the pay period.

The report can be viewed and saved in PDF and Spreadsheet format.

Use the COVID - T4 Other Information Codes page.Closed From the Payroll menu, select Adjustments > COVID - T4 Other Information Codes. to replace the amounts in the COVID wage boxes (boxes 57-60) on an employee’s tax form on a Regular or Extra run in 2020.

Important: The employer is solely responsible for the accuracy of the amounts reported.

The 2020 T4 form includes four new Other Information Codes (57 to 60) that report subtotals of employment income (Box 14 or Code 71) paid to individuals during the following four periods:

  • Code 57: Employment income paid – March 15, 2020 to May 9, 2020

  • Code 58: Employment income paid – May 10, 2020 to July 4, 2020

  • Code 59: Employment income paid – July 5,2020 to August 29, 2020

  • Code 60: Employment income paid – August 30, 2020 to September 26, 2020

The totals are available on your Preliminary Year End Balancing Reports (Reports > Payroll Reports > Preliminary Year End Balancing Reports) and the Year-End Reports page (Reports > Year-End Reports).

If the total on the Year-End report is incorrect:

  1. Go to the COVID - T4 Other Information Codes page.Closed From the Payroll menu, select Adjustments > COVID - T4 Other Information Codes.

  2. Select the employee whose amount needs to be corrected.

  3. Enter the correct amount in the COVID Wage boxes.

    Note:

    • Entering an amount replaces any previous amount.

    • Enter a zero to exclude the code from the employee’s tax form.

    • Clear a field to revert to the amount on the balancing report.

  4. Click Save.

Any amounts entered are not processed until the last run of the year.

If an amount is entered and processed for an employee on a Regular or Extra run, the field displays the previously entered/processed amount. If no new amount is entered and processed, the previous amount remains on the tax forms.

Use the T4 Other Information Codes page.Closed From the Payroll menu, select T4 Other Information Codes. to replace the amounts in the COVID wage boxes (boxes 57-60) on an employee’s tax form on a Year-End run.

Important: The employer is solely responsible for the accuracy of the amounts reported.

The 2020 T4 form includes four new Other Information Codes (57 to 60) that report subtotals of employment income (Box 14 or Code 71) paid to individuals during the following four periods:

  • Code 57: Employment income paid – March 15, 2020 to May 9, 2020

  • Code 58: Employment income paid – May 10, 2020 to July 4, 2020

  • Code 59: Employment income paid – July 5,2020 to August 29, 2020

  • Code 60: Employment income paid – August 30, 2020 to September 26, 2020

The totals are available on your Preliminary Year End Balancing Reports (Reports > Payroll Reports > Preliminary Year End Balancing Reports) and the Year-End Reports page (Reports > Year-End Reports).

If the total on the Year-End report is incorrect:

  1. Go to the T4 Other Information Codes page.Closed From the Payroll menu, select T4 Other Information Codes.

  2. Select the employee whose amount needs to be corrected.

  3. Enter the correct amount in the COVID Wage boxes.

    Note:

    • Entering an amount replaces any previous amount.

    • Enter a zero to exclude the code from the employee’s tax form.

    • Clear a field to revert to the amount on the balancing report.

  4. Click Save.

If an amount is entered and processed for an employee on a Regular or Extra run, the field displays the previously entered/processed amount. If no new amount is entered and processed, the previous amount remains on the tax forms.

Enhancements

To ensure that all updates are properly saved, the Government Rates page.Closed From the Company menu, select Government Rates. does not display when the payroll is in the Submitted or Processing state for Regular, Extra and ROE runs.