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February 19, 2022
Question

CPP Calculation

  • February 19, 2022
  • 1 reply
  • 0 views

I just received notice from the CRA that I have paid short on the Source Deductions for 2021 - When I look at the CPP Tax Liability Report it shows example CPP Employee  $2558.48 CPP Employer $2047.43 - from the time I migrated from Sage Aug 30 -  this issue started Sept 30 2021.  It's on going todate.

1 reply

February 21, 2022

Hi DMcMaster,

 

Thanks for reaching out here.  It's essential that your payroll calculations are accurate and in accordance with the CRA guidelines.  QuickBooks Online Payroll is a great way to ensure deductions and contributions are recorded with confidence.  I'll be happy to guide you in the right direction to ensure your goals are met!

 

Based on the information provided, the best course of action would be to contact our specialists so they can have a look at this from our end and make the necessary corrections on your behalf. 

 

Feel free to reach back out with other questions.  We'd be glad to assist!