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December 29, 2023
Question

How do I enter the non-tax benefit of a company car for an employee?

  • December 29, 2023
  • 1 reply
  • 0 views
I have calculated the standby charge and operating cost benefits - but where in QBO do I record it so that it appears correctly on the employees T4?

1 reply

December 29, 2023

Good afternoon, schan1.

 

Thanks for reaching out to the Community for support. I'd be happy to guide you in the right direction for the best assistance.

 

To ensure accuracy in your books, I recommend reaching out to an accounting professional for expert advice. They'll be able to help you with making the right decision in order to keep your books balanced. Having an accountant can be beneficial for you and your company. You can add your accountant by following the steps in this article. If you do not have an accountant, you can find an accountant who has experience with QuickBooks near you by clicking on this link

 

If you have any other questions, feel free to reach back out.