NV1 Canadian Payroll Update v120 for Jan 1, 2021
For the 2020 tax year, the CRA has introduced additional reporting for the T4 slip. In addition to reporting employment income in Box 14 or Code 71, four other information codes 57, 58, 59 and 60 must now report employment income and retroactive payments in four periods.
Box 57 – Income from Mar 15, 2020 to May 9, 2020
Box 58 – Income from May 10, 2020 to Jul 4, 2020
Box 59 – Income from Jul 5, 2020 to Aug 29, 2020
Box 60 – Income from Aug 30, 2020 to Sep 26, 2020
This leaves only two other information boxes on the T4 that can be used for reporting typical non-cash taxable benefits and other information.
The CRA website provides the following notes when more than six other information codes apply:
- If more than six codes apply to the same employee, use an additional T4 slip. Do not repeat all the data on the additional slip. Enter only the employer’s name and address, the employee’s SIN and name, and fill in the required boxes in the “Other Information” area. Report each code and amount only once.
Unfortunately, NV1 is not capable of printing a second T4 for the same employee if more than six codes apply. No further development is planned for NV1, except for maintaining standard annual payroll updates.
We would like to remind you that NV2 for Windows is fully up to date with all payroll requirements. NV2 was released in 2005 and is now at version 2.34.5. NV2 runs on all current hardware and software and is able to print to any printer. All your NV1 data can be easily converted to NV2.
If you are still running NV1 on Windows 7, which is no longer supported by Microsoft, we strongly recommend that you plan to upgrade to NV2 and take advantage of reduced pricing on our data conversion and support services.
The promotional pricing for upgrading from NV1 to NV2 has been extended to December 31, 2021, and you can schedule the actual transition anytime before June 30, 2022. This enables you to choose a period when your organization has some downtime. It also ensures that you will receive assistance with a quick transition if the computer currently running NV1 unexpectedly develops any hardware issues before your planned upgrade. Please note that NV1 Payroll can be converted to NV2 Payroll seamlessly at any time of the year.
Taking advantage of the NV1 to NV2 Upgrade Promo will not only save you money on the upgrade itself, it will also save you money over the long term as shown below.
|Annual Cost for NV1||Annual Cost for NV2|
|With Payroll & Premium Support||$548||$440|
|With Premium Support Only||$249||$225|
The NV1 to NV2 Upgrade Promo Package includes:
- 1 NewViews 2 Workstation License
- Conversion of NV1 books to NV2 (up to 4 hours)
- 1 year free updates (including Payroll updates)
- 1 year free support (max 120 minutes)
This upgrade package would normally cost $1,380, but is available for only $995 (a savings of $385) until the promotion ends.
To take advantage of this offer, click here to order online: https://newviews.com/product/nv1-to-nv2-upgrade-package/. You can also contact us at 1-800-267-7243. If you have any custom procedures, be sure to let us know before you place your order so we can determine your best option for maintaining that functionality in NV2.
To schedule a live, online demo of NV2 at no cost, during which we can answer any questions you may have, click here: https://newviews.com/newviews/nv2-free-webinar/
NewViews for DOS (NV1) Legacy Support
Q.W. Page will continue to support NV1, the DOS version of NewViews, as long as doing so is feasible. Payroll for NV1 is currently being maintained as well. However, company resources are focused on NV2, the Windows version of NewViews. NV2 can import all the data from NV1 and upgrading is strongly recommended.
NewViews Version 1.41b (the final DOS version released November 25, 1993) will run on any 32 bit Windows operating system from Microsoft. This includes the 32 bit versions of Microsoft Windows 10.
By default, Windows 10 does not allow a command prompt window to run full screen. Consequently, all DOS programs (including NV1) cannot operate in full screen mode. You will still see all 25 or 43/50 lines of the DOS screen, but the characters may be smaller.
Have You Taken Steps to Preserve your NV1 Data?
It’s important for NV1 users to realize that keeping archived backups of your NV1 data files is NOT enough to preserve your financial information.
You may have several backup copies of your main financial data files. You may even have them properly spread across different media, e.g. CD, hard drive and USB storage. But do you have hardware that can open those archived files, along with a copy of the original program that created them?
Three things are required to access your archived NV1 data files. The correct hardware, an appropriate operating system, and the NV1 program. Without all three, your archived NV1 data files are useless.
Below is a summary of how the personal computer landscape has changed over the years.
1981 to 2002: The original NewViews and NV1 data files were designed for a 16 bit DOS operating system using floppy disks and the FAT file system. This platform was used from 1981 to 2000. The last major operating system to use this platform was Windows 98, and mainstream support for Windows 98 ended in 2002.
1996 to 2008: The platform for personal computers from 1996 to 2008 was the 32 bit version of Windows (i.e. Windows NT 4, 2000 and XP). These 32 bit operating systems were backwards compatible with properly written 16 bit DOS programs like NV1.
This is the last platform on which NV1 can export all reports, accounts and transactions. NewViews 2 was released during this time period, and can import your NV1 data. Once converted to NV2, your archived data is accessible today and in the foreseeable future.
2007 – present day: The PC platform shifted from 32-bit to 64-bit in 2007, starting with Windows Vista. Mainstream 64-bit versions of Windows (i.e. Windows Vista, 7, 8 and 10) are NOT compatible with the original 16-bit version of NV1. You are NOT able to open your archived NV1 financial data files, or convert your data to NV2 on these platforms.
32-bit versions of Windows 10 are available, but only by special order. There are also some DOS emulators for standard 64-bit systems, but none are perfect and most do not support printing from NV1. Furthermore, when NV3 is released, it will include a converter from NV2 to NV3, but not from NV1 to NV3.
So even if you have archived your NV1 data, it may not be accessible when you need it. The best way to preserve your information is to convert your NV1 data files to NewViews 2 for Windows.
NV1 Printing Issues and Problems with New Hardware
DOS programs, including NV1, send output to a printer via an LPT (parallel) port or to a file. NV1 cannot print directly to a USB port or USB printer.
There are utilities advertised online that claim to solve DOS printing with USB printers. These utilities work with some DOS software and some printers, but not all DOS software with all printers.
DOS and New Computers and Printers
Desktop computers and portables built in the 1980s and 90s had a built-in parallel port (i.e. the DB-25 connector at the back). This was the main connection for all PCs to a printer. DOS programs were programmed to communicate to a printer via the parallel/LPT ports.
Today’s computers and laptops have one or more USB ports instead of a parallel port. Modern printers come with a USB or network interface to connect to a computer, and are controlled by a software printer driver in Microsoft Windows. As a result, DOS programs do not know how to communicate with a USB port.
This is the reasons that DOS programs like NV1 generally cannot communicate directly with newer printers.
Note: Printing is not an issue with NewViews for Windows (NV2). NV2 can print to any printer connected directly or indirectly to your Windows computer, which is another reason we strongly recommend upgrading.