Mid-year balancing report
Preliminary balancing reports are generated every November in preparation of year-end and tax form production as a part of the regular year-end package. A mid-year balancing report can be generated on request to allow you to review and make any required adjustments before year-end.
Why is this important?
This allows you to:
- Update any manuals/reversals required
- Update employee profile information (addresses and SINs)
- Correct any deficiencies on CPP/QPP & EI/QPIP
Any remittances required from these corrections will be remitted by Dayforce (if we remit for your Company).