Payroll services consist of accurate calculation of payments to employees for their work in the company, whether based on time (hourly) or productivity (contract or salary), as well as calculation of benefits and statutory deductions. It also involves the disbursement, pay slip generation, managing tax services, and record-keeping compliance.

Payroll can be scheduled to be processed weekly, bi-monthly, monthly, or daily (for daily wage workers) but must be done on a regular basis as per the determined pay period. Exodus Accounting can help you avoid the headache and problems associated with inaccurate payroll systems, with timely, professional, and accurate payroll services.

At month-end, Exodus Accounting will calculate payroll tax to determine the amount your employer is responsible for paying the Canada Revenue Agency for the deductions taken from the employee paychecks, known as remittance, plus the employer’s portion of Employment Insurance and Canada Pension Plan (CPP). We will develop a payroll strategy that is right for your business and your employees. We look forward to helping you with all your dividends, payroll, and t-slip needs.

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