YTD amounts – if you are switching payroll providers and the employee has been paid during the year, enter the YTD amounts off the employee's most recent paystub.
These amounts form the starting balances for the first payroll you process in Wagepoint. Note: YTD amounts have to be entered before you process your first payroll in Wagepoint. Any adjustments to YTD amounts after payroll has been processed will be charged at $10 per employee as per our Terms of Service.
Enter YTD amounts for terminated employees if you need T4 / RL1 forms at year-end. Note: minimum of two payrolls need to be processed within the calendar year for Wagepoint to prepare and submit T4 / RL1 forms on your behalf. See Terms of Service.