Payroll management ensures employees are paid accurately and on time, while your business meets all legal and tax requirements. Proper payroll handling reduces errors, prevents penalties, and keeps your team satisfied. Here are the key components:

1. 1. Employee Setup: We establish accurate employee records, including wages, benefits, and deductions, ensuring all payroll data is correctly maintained from the start.
2. 2. Payroll Processing: Wages, overtime, bonuses, and deductions are calculated with precision. Direct deposits are issued on schedule, ensuring employees are paid promptly and correctly.
3. 3. Source Deductions: We manage statutory deductions such as CPP, EI, and income tax, making sure the correct amounts are withheld and remitted to the CRA on time.
4. 4. Record Keeping: Detailed payroll records are maintained for each pay period, providing a clear and reliable history of employee compensation and deductions.
5. 5. Year-End Reporting: T4 slips and payroll summaries are prepared accurately and delivered on time, ensuring compliance with CRA requirements and simplifying year-end processes.

Professional payroll management gives your employees confidence, keeps your business compliant, and frees you from the stress of managing complex payroll obligations.