Vendor Payment Review for T5018 Reporting

Use the information on the Vendor Payments tab of the AP T5018 Payments form to review payment totals.

The Vendor Payments tab on the AP T5018 Payments form populates information automatically when you select Tasks > Generate Vendor Payment Totals from the toolbar. The information on this tab includes invoices that have been set as subject to T5018 reporting, whether or not the subcontractor/vendor is currently set as subject to T5018 reporting. In order for a vendor's invoice to be included in the sum displayed on this tab, it must meet the following criteria:

  • The invoice must have been set to be included in T5018 totals (you selected the Include in T5018 Totals checkbox in any of the AP Transaction Entry, AP Unapproved Invoice Entry, or AP Recurring Invoices forms), AND
  • The invoice must have been partially paid and the associated paid date must fall within the specified reporting period, AND
  • The total of paid invoice amounts (less discounts taken) for the subcontractor/vendor must be 500.00 or more within the specified reporting period.

The following fields are found on the Vendor Payments tab of the AP T5018 Payments form and their values default from the AP Vendors form. You can override the field values on this tab, but the system will not post these changes back to the AP Vendors form.

  • Business Type Code, Corp/Partnership Name, T5 Business No, FIN, First Name, Last Name, Middle Initial, SIN, Address, Address 2, City, Province, Postal Code, and Country.
  • The Amt Paid Incl Tax field displays the total sum of all payments made to the vendor, including GST and PST amounts. You can override this field if necessary.
  • The Report Type field is disabled, but defaults to Original for new records.
    Note: Beginning December 2021, you must use Aatrix to create and submit T5018s. If you need to amend a T5018, you must do so directly in Aatrix. Aatrix does not send data back to Vista; therefore, if you amend a T5018, Aatrix will not update the Report Type field here. However, it remains visible to preserve historical data.

For information about correcting T5018s, see Make Corrections to Regulatory Filings via Aatrix.