Streamline your T4A and T5018 slips
Track payments, generate slips for CRA filing, and effortlessly share them with your vendors—all in one place.
Effortless Account Mapping
Map accounts to T4A/T5018 boxes without any hassle. Instantly view recommended accounts based on your tracked vendor payments—no need to recall past account selections. The intuitive mapping feature also flags if an account has already been mapped in other boxes or forms.
Automatic T4A and T5018 Slips Generation
Stay updated on your T4A/T5018 vendor payments and automatically generate a list of vendors and subcontractors who meet CRA reporting thresholds. Gain access to a clear view of each vendor’s reportable and non-reportable payments, all in one place.
Customizable Reporting
Refine your T4A/T5018 reports easily. Add or exclude transactions as needed, update missing vendor details like address or email, and quickly track any overlooked vendors—all from one screen. Every change is saved in a detailed comment and history log, ensuring full visibility over report updates.
Seamless Electronic Filing of T4A and T5018 slips
Convenience doesn't have to be lost when meeting CRA electronic filing requirements. Generate and export XML files of T4A and T5018 data from Zoho Books and file in CRA portal.
Secure T4A/T5018 Distribution to Vendors
Easily distribute T4A/T5018 slips to all your vendors. With Zoho Books, you can email forms, send in bulk, or share through our vendor portal, making it simple to fulfil your reporting obligations.
FAQ section
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What is the deadline for filing T4A and T5018?
T4A forms must be filed with the Canada Revenue Agency (CRA) on or before the last day of February for the previous calendar year. T5018 forms must be filed within 6 months from the end of the calendar or fiscal year.
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Is there any payment limit for filing T4A and T5018 forms?
T4A and T5018 forms need to be prepared only if payments made throughout the year is more than $ 500.
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What happens if I file T4A forms late?
If you miss the filing deadline, you could be hit with a penalty of $25 per day per slip, with a minimum of $100 and a maximum of $2,500.
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What should I do if I don't issue T5018 forms?
If you don't issue T5018 forms, you need to send a list of all payments made to subcontractors to CRA.