Payroll FAQ
Answers to your most common questions about outsourcing your Canadian payroll to FinMegh.
How much does payroll processing cost?
Our pricing is highly competitive and tailored to the size and complexity of your business. We offer predictable, affordable monthly pricing with no hidden fees. Request a quote to get exact numbers for your specific needs.
Do you handle CRA remittances?
Yes, absolutely. We ensure all required CRA remittances (including CPP, EI, and Income Tax deductions) are calculated correctly and submitted securely on time. You never have to worry about missing a deadline or incurring penalties.
Can you process direct deposits?
Yes. We offer fully integrated direct deposit processing. Your employees' wages will automatically be deposited into their respective bank accounts accurately and right on schedule every pay period, paired with digital pay stubs.
Can you switch us from another payroll provider?
Yes! The transition process is seamless. We handle the entire onboarding and data migration from your previous provider or internal system, ensuring zero disruptions to your employees' pay schedule during the handover.
Do you prepare T4s?
Yes, year-end T4 and T4A preparation and filing are included as part of our full-cycle Canadian payroll service. We also manage the generation and filing of Records of Employment (ROE) whenever necessary.
Can you process payroll for hourly employees?
Yes, we process both salaried and hourly payroll, and we are experts in managing variable hours, complex shift differentials, vacation pay accruals, and statutory holiday calculations.
Can you handle contractors?
Yes, we can seamlessly integrate independent contractors into your payment cycles, process their payments, and manage T4A reporting at year-end to ensure total CRA compliance.
Still have questions?
Speak with a Specialist