Accounting & Bookkeeping

A collection of our best articles for the accounting and bookkeeping community.

Accounting & Bookkeeping: CAAccounting & Bookkeeping: USPayroll: CAPayroll: USSmall Business: CASmall Business: US
August 6, 2019

5 Steps for Choosing the Right Construction Payroll Provider

There is no question that payroll is one of the most important aspects of a construction business that needs to be managed effectively. The sheer size of construction projects, as well as a slew of tax regulations, make construction payroll a complex process. Plus, with a large workforce, payroll can be time-consuming and stressful. A […]

What is a Record of Employment (ROE)?

What is a Record Of Employment (ROE)? An ROE is used by Service Canada to determine if a person is eligible to receive Employment Insurance (EI) benefits. It details the insurable earnings collected by your employees during their time with your business. The system is designed to help regulate what the payout will be and […]

Changing Payroll Companies — Webinar Recap

There are many reasons why you might want to change small business payroll providers. Your current solution might not be as automated as you like or you might not be feeling the love from customer support. (We hope that never happens with Wagepoint. If you’re ever feeling “unloved” — let us know cuz that shouldn’t […]

The Complete History of the Social Insurance Number

A Social Insurance Number (SIN) is a 9-digit form of identification that every individual residing and/or working in Canada must have in order to access government benefits, file income taxes and, most importantly, get paid. (Through the fate of acronyms, SIN also sounds a bit biblical.) A short timeline of the SIN. 1964 — SINs were […]

What You Need to Know About HAPSET in Manitoba

Unlike the provincial motto, “Gloriosus et liber” meaning “glorious and free,” there are very few things that are free when you own and/or operate a business in Manitoba. Enter the Health and Post-Secondary Education Tax Levy (HE Levy or HAPSET). What is the HE Levy? According to Information Bulletin HE 002, the HE Levy is a […]

Employee Terminations and Subsequent Payments

You would think that once an employee has been let go, that would be that. But payroll is never just that simple. It’s not at all uncommon for employees to be paid after what was supposed to have been their final paycheck and after a Record of Employment has been issued. From the employee perspective, […]

Double Overtime — Absolutely Everything You Need to Know

Double Overtime is relevant to your company if any of the following applies, You’re a California, US-based company You’re a British Columbia, Canada based company You have employees who work in either of the above locations If none of the above applies to your business, you don’t have to worry about double overtime. You only […]

4 Ways to Handle Vacation Pay in Canada

Small business owners have a decision to make when it comes to Vacation Pay. As delightful as vacations can be, the complexities of vacation payroll can sometimes leave you wishing for a vacation day. Vacation pay is one of those areas in payroll where there are great variations between employers, including differences in the vacation […]