Year-End for Canada Payrolls
Preparing for and completing year-end processing of Canada payrolls also prepares you for commencing next year's payroll processing.
Prior to year-end processing
We recommend that you familiarize yourself with the entire year-end process prior to beginning your year-end processing.
- View the Release Notes for this release: What's New in Spectrum 2024 R3.
- Explore Year-End Training for Customers with Canada Payrolls in the Viewpoint Academy.
- Because the 2024 R3 Release contains Canadian Revenue Agency mandated changes, it is essential to update to Spectrum version 2024 R3 before doing year-end processing.Tip: Viewpoint provides a data file that automatically updates the Tax Tables for in Spectrum. You may download this file from the Viewpoint Customer Portal. It includes all known changes to electronic tax tables for Federal and all provinces. We update this file throughout the year to reflect changes issued by each entity.
