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Business Service

Payroll Solutions

Pay everyone and stay on top of your payroll taxes too! Avoid late payments and other paycheque mishaps with payroll solutions that make the process easier.

Client-exclusive pricing

As an Alterna Bank business client you get to enjoy special pricing.

Benefits to you and your business

Pay your employees and contractors

  • Send money directly to your employees’ bank accounts.
  • Let employees enter their personal profile details with the self-onboarding option.
  • Give everyone online access to their pay details and year-end forms.
  • Breathe easy, knowing your remittances are always on time.
  • Create and submit Records of Employment (ROEs) via Secure Automated Transfer (SAT).

​Automate withholding taxes, contributions and compliance for:

  • Federal and provincial/territorial income tax.
  • Employment Insurance (EI).
  • Canada Pension Plan (CPP).
  • Provincial and territorial taxes such as EHT.
  • Year-end T4s/T4As and reporting.
  • Put payroll taxes on cruise control.

Take control of managing payroll

  • Control user roles so your team accesses only what they need to.
  • Custom reports and filtering options to see the details you want, when you want.
  • Effective dating for mid-cycle wage changes to tax rates, remittance frequencies and employee statuses.
  • Payroll and year-to-date adjustments at your fingertips, ensuring your records are always up to date.

​Lower the risk of costly mistakes with automated calculations for:

  • Incomes — Overtime, bonuses, commissions, stat holiday pay
  • Deductions — Savings plan contributions, health insurance
  • Benefits — Medical, dental, life insurance 
  • Paid time off — Public holidays, vacation, sick time
  • Workers’ Compensation (WCB/WSIB)

New Clients

To take advantage of this payroll solution, start by opening a Small Business eChequing Account today!

Existing Clients

Existing Small Business e-Chequing Account customers, please contact us.

Articles

The 2024 Guide to Canadian Payroll Management

Payroll management is the set of processes a business undertakes to handle employee compensation.

Payroll Automation: What It Is and How to Get Started

Payroll automation systems are the superhero many finance teams don’t realize they need.

Productivity Hacks and Time Management Tools for Small Businesses

We all love a good hack or two that makes life so much easier, and that’s no different for small business owners.

CS Alterna Bank is a member of Canada Deposit Insurance Corporation (CDIC).

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