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November 29, 2019
Question

How can I set up standby charge in payroll

  • November 29, 2019
  • 1 reply
  • 0 views

Hello ,

just wondering how to set up standby charge in payroll to assure that will appear on the T4 in Box 34?

 

Thank you

1 reply

November 30, 2019

Hi there, 

 

Thanks for reaching out to the Community. I want to make sure you set up the Standby Charge correctly so your books are in order. 

 

I recommend contacting an accounting professional. If you're not in contact with one, I encourage you to search for one on our website using this link here. Doing this will help prevent any future discrepancies. I recommend checking this helpful article which goes over how to calculate Standby Charges. You can check it out using this link: What Is a Standby Charge? .

 

Let me know if you have questions. I'll be happy to assist.