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August 25, 2021
Question

WSIB VACCINATION PROGRAM RECORD

  • August 25, 2021
  • 1 reply
  • 0 views

Hello,

 

I am trying to include COVID-19 OFF reimbursement in this month's payroll. 

To get reimbursed from WSIB, I need to submit a paystub as proof that I have paid employees for their sick days due to Covid Vaccination. I believe I need to include this item in a separate one from HOURLY WAGE or SALARY. I am concerned that this may affect federal tax for this month or year-end when I generate T4 for employees. Please let me know what I should do and how to set up a separate account. Thank you. 

1 reply

August 25, 2021

Hi Lemonade0104.

 

Having your payroll set up correctly and knowing what effects different entries can have is imperative when paying employees. I'd be happy to point you in the right direction to get your questions answered for how this might affect your T4's.

 

QuickBooks Desktop makes creating new payroll items easy to allow you to enter and track each one. In order to find out what effect the covid-19 vaccination sick days would have on your federal taxes or T4's I recommend reaching out to CRA as they would be able to answer these questions for you. You can reach out to them by following the steps on their Contact Us page.

 

As for if you should set up a separate account, you can inquire with them or with an accountant as they're trained on how to make these kinds of entries. You can reach out to an accountant in your area by going to our Find an Accountant page. If they say you should create a separate account you can do so by following these steps:

 

  1. Go to the Lists menu, then select Chart of Accounts.
  2. From the Account ▼dropdown, select New.
  3. Select an account type, then select Continue.
  4. Complete the account details.
  5. Select Save & Close.

 

If you have any questions let us know and we'd be happy to help!