This looked like a short month; in fact, it actually was just 28 days. Time flies. Over the past month, I was preparing Non-resident withholding tax for year 2010 and the preparation of monthly remittance. ( It took me about a week or so to ensure everything back on track). If you have followed me, I had briefly introduced on what Non-resident withholding tax is in January wrap-up. I had to ensure all the transactions, which were involved with the US companies while performing works in Canada, the number of days in Canada, travel expenses, and such were correctly entered into the spreadsheet. Also, I got some advice from my supervisor where there were some grey areas, to back on track. From the spreadsheet that I produced, then reviewed and got the approval from my supervisor before remittance to Receiver General. Believe or not, I have been enhancing my skill in Excel! Besides there were some typos, overall I did well with the preparation sheet.
I have been working on quarterly report for Alberta Fuel Tax rebates for clear diesel and gasoline since last week. They were a huge data for these two accounts especially the unleaded gasoline. However, I was advised that this will be the second last time of doing it. According to Alberta budget 2011, "Rebates relating to the Tax-Exempt Fuel Use (TEFU) and Prescribed Rebates Off-Road Percentages (PROP) programs have been eliminated for fuel purchased or used after February 24, 2011. "
Monday was the month-end for February. So, I had to record journal entries pertaining to G.S.T. accounts, and prepared a cheque requisition for GST remittance to the Receiver General. This process takes three days for rolling-up from other departments.
