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<< Click to Display Table of Contents >> Modifying a HSF rate (Quebec) |
Access: Configuration > Business > Rate modifications > HSF rate
Things to remember Detailed description of the HSF rate calculation is available on the function’s screen and is different according to the current date (between January 1 and October 31 or between November 1 and December 31). Read this information before starting your modifications. |
1Under HSF rate for each company, enter the required information:
▪Salary mass: The total payroll amount for which the HSF rate will be automatically calculated.
▪New rate: Rate entered manually or calculated when an amount is entered in Salary mass. If the rate is entered manually, the Salary mass becomes blank.
▪Effective date: Date which the rate will be applied for the contribution calculation.
Things to remember If a total payroll amount or a new rate is entered and the current date is between January 1st and October 31st: ▪The value showing in Effective date will be January 1st of the current year and the field becomes unchangeable. ▪A warning message will appear to inform you that a retroactive calculation of your contributions paid for the current year will be made and service fees will be billed to you. You will receive a calculation confirmation in your messages on the home page. ▪The amount of the retroactive calculation and eligible earnings will be listed in Retro amount and Eligible earnings of the History of changes to the HSF rate window. If the month of the current date is November or December: the field will automatically show January 1st of the following year. You can modify the date if the rate truly applies to the current year. |
2Click on Save. The information entered will be transferred in Next rate and Effective date.
▪A history will be created automatically. Click on History to view it.
For more information
Viewing and modifying employer rates - Additional information