Printing T5 Forms

Overview

In NV2 Accounts Payable, T5 forms may be printed for any year, whenever required. There are no year-end "closing" steps - T5 information is always available up-to-date and "on-screen". You simply print it.

For a direct link to the Canada Revenue Agency instructions for the Return of Investment Income (T5), see www.canada.ca.

Printing T5 - Four Simple Steps

To print one or more T5, you:

1. Select the Accounts Payable "T5 Information" view and edit the Recipient Id and Contact Name. See Info for CRA T4A, T5 and T5018 slips for more.
2. Setup (<F11>) the amount column(s) to dates for the appropriate year.
3. Ensure the leftmost amount column is the one you want reported.
4. Block one or more accounts/recipients on the T5 Information window. Then Print>T5s to print.

Vendor accounts that do not have a "Recipient Type" set or have payments less than the minimum amount will be skipped.

The template selected in the Print T5s prompt determines the Excel output is for printing.

The steps are explained in further detail in the manual pages:

• Setting up the T5 Information table
• T5 Preparation
• Printing
• Internet File Transfer (XML)