My client is closing their corporation, and I need to submit the 2020 T4s now in order to close the RP Account. Is there a way to prepare the '20 T4s before Dec 31st '20?

Hello nomij,

T4 slips show what you paid your staff over the previous calendar year. I'd be happy to share more info on this so you can get back to doing what you enjoy. 

QuickBooks is a powerful program which offers a variety of features. Payroll is one of the features which gives business owners like yourself the versatility to get your work done fast. At this time, T4s are only available on the 1st of January. I understand your client is closing their corporation and you need to get the T4s ASAP. 

Based on this situation, you have 2 options. The first option is manually calculating the T4 amounts according to the information on your QB account. The second option is waiting until January 1 2021 to process the T4s for 2020. The subscription can remain canceled from now up until January where you have the option to reactivate the service so you can access the T4s. 

Let me know if you have questions about this. I'm here to steer you in the right direction. In case you have other questions, feel free to contact our support team using this link here. Otherwise, leave a comment below. I'll be one message away. :)