RPP Box 50 & 52
* how about tracking RPP for Box 50 & Box 52 * It should be simple enough: Box 52 is the total of contributions from the employer and the the employee. This would mean that when setting up a payroll item for Employee contributions it would refer back to box 20. Then payroll item for RPP Employer contributions, would go to box 52. Box 52 would then also have to add in box 20 totals when the T4 was pulled up.
Box 50 is simply the Pension number that could be input with the payroll items.
Its a lot of work to go and add in box 50 & 52 for a slew of employees when doing the T4, especially when you have the Premier version plus payroll.
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I have QB Premier and payroll. I have employees with Registered Pension Plans. Each year I have to manually review and complete Box 50 and 52 on their T4's with the pension plan registration number, and the pension adjustment amount.
Am I missing something? I can track the employee's RPP contributions by indicating Box 20 for the tax tracking, however for box 50 I see nowhere to set this up, and for box 52 I would need to add Box 20 plus all the employer contributions.
Any ideas out there...
Thank you.
Hi Woodennickel,
QuickBooks does not track for you items in Boxes 50 and 52 automatically. You will need to enter them manually when you edit the T4s for your employees.
Eric
