Some of the most common mistakes made with payroll are due to a lack of a good payroll system. Our payroll system is easy and will save you time and money.
Our Payroll System:
- We set up employees on our system. This ensures accurate information at T4 time.
- You e-mail or fax your hours to us
- We enter the payroll on the system. This can be done weekly, bi-weekly, semi monthly or monthly
- We can print out computerized cheques at our location, or give you the payroll information and you can write the cheques at your end.
- We also provide a direct deposit option, where the payroll is deposited directly into your employee's account.
- When an employee is terminated, we provide a Record of Employment
- Before the 15th of every month, we provide a report of how much source deductions you owe for the month and advise you of the due date to avoid penalty
- At the end of the year, we provide T4's .
Employee taxes usually change twice a year - once in January and once in July. Make sure to give the updated TD1 forms to your employees every time the taxes change. You can find a link to the TD1 forms in our Resources section.