Outsource your payroll to our experts
Why Outsource Your Payroll
Know an expert is ensuring your payroll is correct
Sleep better knowing you employees are being paid accurately
Spend more time working on your business, not payroll
Increase your ability to earn with more time
Accurate payroll keeps your employees happy
Happy employees are less likely to leave or search for new jobs
Tax & other deductions correctly calculated
Compiled for T4s
Guaranteed CRA compliance
Understand your payroll
Have an expert guide you through staffing changes
Welcome to Ottawa Bookkeeping & Tax
Ottawa's Payroll Experts
Being a business owner is too hard to also focus on managing accurate payroll. However, mistakes in your payroll can lead to huge employee frustration, turnover, and government penalties.
That's where outsourced payroll helps your business. We ensure that your employees are paid on-time with accurate deductions for CPP, EI, and taxes.
Gurek Deol
Partner at Philovera Accounting & Tax
Bookkeeping
Monthly updated and accurate books
Tax filing ready books
CRA compliant bookkeeping
Gain a better understanding of your business finances
Build an optimized tax strategy
T2 preparation and filing with the CRA
CPA prepared and certified filing
Tax planning for your business
Outsourcing payroll offers several advantages, including:
Accuracy: Professional accountants ensure precise calculations of wages, taxes, and deductions, reducing errors.
Compliance: Experts stay updated with the latest tax laws and regulations, ensuring your business remains compliant.
Time Savings: Delegating payroll tasks frees up time for you to focus on core business activities.
Employee Satisfaction: Timely and accurate payroll processing leads to happier employees and reduces turnover.
When you outsource payroll, you provide your accounting firm with employee information, hours worked, and any relevant deductions. The firm then processes this data to calculate wages, withhold taxes, and generate pay stubs. They may also handle tax filings and payments on your behalf.
Reputable accounting firms (such as Philovera Accounting & Tax) implement robust security measures to protect your sensitive payroll data, including encryption, secure servers, and strict confidentiality policies. It's essential to discuss data security practices with your chosen provider.
Yes, experienced accounting firms can manage various payroll complexities, such as multiple pay rates, bonuses, commissions, benefits deductions, and compliance with different provincial or federal regulations.
No, outsourcing provides you with detailed reports and access to payroll data, allowing you to maintain oversight. Collaboration with the accounting firm ensures your payroll processes align with your business policies.