PR418 – Canada Workers Compensation Report

About PR418

Run Canada Workers Compensation Report (PR418) to calculate workers' compensation (WC) premiums on the basis of parameters defined on CanadaWorkers Compensation Classification (PR18.2). PR418 creates a detail or summary report and an error report in one print file. The error report is in a separate print file. **Processing Effect The report select payments, history time records, and taxable benefit deductions based on the employee's country and the program parameters you select (i.e., process level, province, and check date). You can process an employee whose tax province is different from the WC Province. PR418 calculates assessable/excess wages from the beginning of the year through the To Date even if the report is being run just for a specific month. For example, when running for April 1, 2004 through April 30, 2004, thecalculation of the assessable and excess wages includes the wages and taxable benefits from January 1, 2004 through April 30, 2004. If an employee"e taxable benefits if the WC pay class includes the "dbenefits are reported by process level for PR418 Report Options 3 and 4. 6.

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