T4 and T4A Procedures with Virtuo MIS Human Capital Management

by Chi Lloyd

The Virtuo MIS Human Capital Management (HCM) suite automates and integrates complex Payroll and HR Administration activities (including Scheduling and HR Management) enabling you and your team to respond quickly to the needs of your organization without increasing overhead costs or creating information overload.

Our product specialists Chi Lloyd and Paula Bruce, prepared two extensive and thorough user guides to help you prepare and create T4 and T4A forms, with ease and accuracy, using the Virtuo MIS HCM suite. Simply follow the steps described in the guides and you're ready to go.

The guides can be downloaded from the Medi360 portal.

What's inside

Preparing T4 Employee Slips

Update to the Most Current Version of the Statutory Reports Module
Ensure Accumulator T4 Print Boxes Have Been Set Up Correctly
Create T4 Table
Audit T4 Balances
Adjust T4 Balances (If Required)
Calculate Pension Adjustments
Print T4 Summary Report
Print T4 Slips
Create Electronic T4 Submission File
Save a Copy of Employees’ T4 Slips Using the Adobe Acrobat (PDF) Format
Posting T4 Data
T4 Recall

T4A Procedure

Update to the Most Current Version of the Statutory Reports Module
Set Up T4A Accumulators and Record T4A Amounts
Create the T4A Table
Adjust T4A Balances
Print T4A Slips
Create Electronic T4A Submission File
Save Employees’ T4A Slips Using the Adobe Acrobat (PDF) Format

About Virtuo MIS Human Capital Management

Virtuo MIS Human Capital Management (HCM) is part of the Virtuo MIS suite, a complete software solution that encompasses all areas of finance, decision support, supply chain, human resources and payroll.

Virtuo MIS HCM simplifies and streamlines the management of people and relevant workforce-related costs, while its robust and integrated, table-driven payroll system is fully customizable to empower even the most complex organizations with diverse workforce and multiple collective agreements.