2020 payroll year-end update and 2021 payroll tax update

This article discusses the payroll year-end update and the payroll tax update. When the payroll year-end update for the year 2020 and the payroll tax update for the year 2021 are released, you may download the file from Customersource. (See the links that are listed in the 'Install the 2020 Canadian year-end update' section.) Until the payroll year-end update and the payroll tax update are released, use this article for information and for preparation purposes only.

Note Before you follow the instructions in this article, make sure that you have a complete backup copy of the database that you can restore if a problem occurs.

Summary

This document outlines the recommended year-end closing procedures for the Microsoft Dynamics GP integrated Canadian Payroll module. The "More Information" section contains the following:

  • A detailed checklist of the steps that you must follow to complete the year-end closing procedures

  • Detailed information for each step in the checklist

INTRODUCTION

Read this whole article before you perform any one of the steps. If you have any questions, contact Microsoft Dynamics Technical Support. More information about the Canadian Payroll module is typically included in the year-end update documentation.

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