How to reconcile benefits
To reconcile both cash and non-cash benefits, we recommend reviewing employees who receive benefits and how much they should have paid. This only applies to customers who do not use Rise as their benefits broker. 1. Click Reports, then Custom ...
How to process tax form runs
Prior to processing year end tax forms, you must complete the following steps: 1. Close the previous year. For details on how to close the previous year, check out our article on How to close the year. 2. Find your T4 remittance balance from the CRA. ...
How to send one-off finalized tax forms to your employees
Once you complete your year end in Rise Payroll, you can send employees' tax forms to their work email. Only previous year’s tax forms and current year’s finalized tax forms can be sent. 1. Navigate to Payroll and click the Employees tab. 2. Here ...
Frequently Asked Questions - Payroll
Q: How does Rise calculate deductions for federal and provincial taxes? A: Rise uses cumulative averaging, meaning that our system uses the year-to-date options in the tax calculation as described in the Payroll Deductions Formulas for Computer ...
How to preview T4s before closing the year
Creating a Preview T4 Run 1. Click on "Payroll" in the top menu, and then on "Mid-Year Review" within the Remittance Auditing section. 2. A new tab will open with the heading "Mid-Year Review". Click on "Prepare New" next to this year's entry. 3. A ...