WCB Rates

Your company will remit WCB in each province they post timesheets in.

Employees are set up with either a default WCB class for their timesheets:

or that their timesheets should always default to the job’s WCB class:

When timesheets are posted for an employee they are posted to the appropriate WCB Class, but you can overwrite it with a different, valid class:

To set up WCB rates, navigate to the WCB Class Entry screen. First, navigate to [c] Payroll, then [u] Set Up, then [k] WCB Class Entry:

[c] Payroll | [u] Set Up | [k] WCB Class Entry

The first tab is for setting up the general ledger account the WCB amounts are posted to.

If you click on the G/L account hotlink, you’ll be taken to the entry screen for that account.

On this screen, if you click on one of the period hotlinks, you’ll see all the WCB amounts listed for each payroll cheque posted in that period.

[d] General Ledger | [a] Account Entry | hyperlink

And from that report you can drill down to the original cheque and verify the WCB amount:

On the rates tab, enter the rate for the current year:

Note that WCB sets a maximum amount to remit for a WCB class. Your employees may be working in more than one WCB jurisdiction. If, for example, they’re being moved from a job in Alberta to a job in British Columbia. Abio understands the nuances of interprovincial work – in this case Abio won’t remit more than the maximum WCB for any single class your employee is working in. It determines the maximum remittance and apportions it amongst the employees WCB classes.

WCB Reports

A number of reports are available to support you in identifying your WCB costs.

WCB Remittance by Employee

The Employee WCB Remittance allows you to query WCB by employee:

[c] Payroll | [b] Employee Reports | [d] Employee WCB Remittance Criteria

[c] Payroll | [b] Employee Reports | [d] Employee WCB Remittance Report

Employee Within WCB Class

When employees work in several provinces over the course of a year, their WCB earnings must be prorated according to how much was paid in each Canadian jurisdiction.

The Employee Within WCB Class report shows WCB assessable earnings and remittances for up to three WCB classes.

[c] Payroll | [b] Employee Reports | [d] Employee Within WCB Class Criteria

[c] Payroll | [b] Employee Reports | [d] Employee Within WCB Class Report

Employee Anomaly Report

The Employee Anomaly Report will identify when the WCB earnings don’t equal the employee’s taxable earnings.

[c] Payroll | [b] Employee Reports | [i] Employee Anomaly Criteria

[c] Payroll | [b] Employee Reports | [i] Employee Anomaly Report

Timesheet WCB Earnings by Job

WCB is calculated and recorded on each cheque, but a cheque may represent work done on several jobs. This report looks at how WCB is earned on each timesheet, which then allows you to see the WCB Assessable Earnings for each job. You can select a range of jobs, employees, G/L periods and dates.

[c] Payroll | [b] Timesheet Reports | [i] Timesheet WCB Earnings by Job Report

WCB Remittance by Cheque

The ‘Cheque WCB Assessments’ report allows you to report WCB remittance amounts by cheque number range:

[c] Payroll | [i] Cheque Reports | [h] Cheque WCB Assessments Criteria

[c] Payroll | [i] Cheque Reports | [h] Cheque WCB Assessments Report

Previous Lesson

Back to Course

Next Lesson