QuickBooksHelpIntuitPayroll calculations differ from the CRA payroll deductions calculator
by Intuit•2• Updated 2 years ago
The payroll calculations in QuickBooks Desktop may be different from the printed tables supplied by the Canada Revenue Agency (CRA) or the CRA Payroll Deductions Online Calculator.
QuickBooks Desktop uses a more accurate method to calculate taxes, which can create differences between the calculations from the CRA Payroll Deductions Online Calculator.
- QuickBooks Desktop calculates federal, provincial, and territorial taxes based on a formula provided by the CRA.
- The CRA Payroll Deductions Online Calculator amounts are based on tables, which are not as precise as those which QuickBooks Desktop calculates.
Sign in now for personalized help
See articles customized for your product and join our large community of QuickBooks users.
More like this
- How to calculate Canada Pension Plan in QuickBooks Online Payrollby QuickBooks
- Canada Revenue Agency (CRA) payroll resourcesby QuickBooks
- QuickBooks Desktop tax table informationby QuickBooks
- Set up your payroll service in QuickBooks Desktopby QuickBooks