Payroll year-end has a way of making even the most fearless small business owners feel like castaways, adrift in a sea of payroll paperwork with the Canada Revenue Agency (CRA) looming on the horizon. It’s like being stuck on an island, Tom Hanks-style—frazzled, isolated, and just waiting for a volleyball named Wilson to show up […]
Payroll articles and news, from your payroll BFFs.
The Wagepoint 2023 Canada Small Business Payroll Calendar gives you a year-long overview of key small business payroll deadlines so you can focus on running your business without worrying about missing important dates.
Payroll year-end has a way of making even the most fearless small business owners feel like castaways, adrift in a sea of payroll paperwork with the Canada Revenue Agency (CRA) looming on the horizon. It’s like being stuck on an island, Tom Hanks-style—frazzled, isolated, and just waiting for a volleyball named Wilson to show up […]
On of the most feared year-end documents is the Pensionable and Insurable Earnings Review (PIER). Unfortunately, that’s because it tends to make payroll professionals or employers feel like they’ve done something wrong. Meaning, there’s a sense of wanting to avoid it at all costs. Before diving into how to avoid a PIER, it’ll first help […]
T4s, T4As and Relevés — what do they have in common, other than the fact that T4A and Relevé rhyme? Or, that you could easily refer to these things as “T4-ehs?” for all the confusion they cause. Don’t worry, this article will help answer some of your most burning questions about these forms. 🔥 What […]
As an employer, there are many decisions that you’ll have to make when it comes to hiring and paying your employees. Minimum wage, AKA the lowest hourly pay rate that an employer can pay an employee? That’s not one of them. In Canada, minimum wage by province or territory falls under the domain of the […]
There are so many rules in place for employers when it comes to payroll in Canada. And the fact that they vary across provinces or can be influenced by the federal government can make it even more confusing. Even the rules have more rules, so we don’t blame business owners for having so many questions! […]
In 2022, the Canada Revenue Agency (CRA) collected over $38 billion in payroll deductions from Canadian businesses. This significant figure highlights just how important payroll compliance for companies of all sizes is. As a small business owner in Canada, understanding and following payroll regulations is not only a legal requirement but also a fundamental aspect […]
Payroll management is the set of processes a business undertakes to handle employee compensation. Processing payroll involves tracking and calculating employee hours, deducting taxes, and issuing payments. With effective processes, you can ensure everybody is paid correctly and on time while complying with financial regulations. In Canada, payroll is a tricky territory where human resources […]
A collection of our best small business articles.
While QuickBooks Payroll may be one of the more popular choices, it’s not the perfect fit for everyone. Most of the pages you’ll read online about QuickBooks and their top competitors are more focused on the U.S. market. That’s why we’ve tailored this specifically to the needs of Canadian small business owners and bookkeepers. So, […]
While ADP Payroll is one of the better-known options for payroll services, we’re here to guide you through the best Canadian ADP Payroll alternatives on the market and why people look for alternatives in the first place. You’re a busy business owner, and you need the best possible fit in payroll software. Let’s dive into […]
The Wagepoint 2023 Canada Small Business Payroll Calendar gives you a year-long overview of key small business payroll deadlines so you can focus on running your business without worrying about missing important dates.
Payroll year-end has a way of making even the most fearless small business owners feel like castaways, adrift in a sea of payroll paperwork with the Canada Revenue Agency (CRA) looming on the horizon. It’s like being stuck on an island, Tom Hanks-style—frazzled, isolated, and just waiting for a volleyball named Wilson to show up […]
As the year comes to an end, it’s easy for small business owners to get laser-focused on tying up loose ends. From finalizing financials to ensuring compliance, the checklist can feel endless. While year-end checklists are essential, it’s just as important to take a moment to pause, reflect, recharge, and set your business up for […]
With the right approach, switching payroll companies can be painless — and even beneficial for your business and employees alike. When you’re already juggling multiple responsibilities, changing a key business tool can feel like more hassle than it’s worth. Especially when it comes to something as sensitive as your payroll. The last thing you want […]
T4s, T4As and Relevés — what do they have in common, other than the fact that T4A and Relevé rhyme? Or, that you could easily refer to these things as “T4-ehs?” for all the confusion they cause. Don’t worry, this article will help answer some of your most burning questions about these forms. 🔥 What […]
QuickBooks integrations level up Intuit’s small business accounting software and the way small business owners handle not only their books, but other areas of their business, too. When everything can work together smoothly, productivity increases and workflows smooth out in so many areas—from payroll to payments to invoicing and expenses and beyond. So, longtime fans […]
A collection of our best articles for the accounting and bookkeeping community.
The Wagepoint 2023 Canada Small Business Payroll Calendar gives you a year-long overview of key small business payroll deadlines so you can focus on running your business without worrying about missing important dates.
For small business owners, administrative tasks can consume as many as 120 working days per year. This is why bookkeepers and accountants are essential partners for any business, large or small. But as any professional bookkeeper or accountant knows, bookkeeping is a labor-intensive job. This is why automated bookkeeping offers a highly effective solution to […]
With the right approach, switching payroll companies can be painless — and even beneficial for your business and employees alike. When you’re already juggling multiple responsibilities, changing a key business tool can feel like more hassle than it’s worth. Especially when it comes to something as sensitive as your payroll. The last thing you want […]
The best bookkeeping apps offer a fantastic and versatile way for bookkeepers to streamline tasks when working with small business clients. If you’re in your due diligence phase, trying to find the best options, you’ll find that most advice and articles on the market focus on big players like QuickBooks Online or Sage. While these […]
Clients look to their bookkeeper or bookkeeping firm as their guiding light when it comes to payroll and paying their employees. No surprise then that as a bookkeeping firm owner, we do a lot of payroll. Meaning I needed to find the right payroll software. And my goal was to find a payroll software that […]
Cybersecurity is not something accounting professionals should skip out on or take lightly. As financial guardians, you’re trusted with sensitive client information. Unfortunately, this makes you prime targets for cybercriminals looking for financial gain through data theft or ransomware attacks. And don’t be fooled — the threat is real. In 2021, a staggering 60% of […]
Payroll automation systems are the superhero many finance teams don’t realize they need. Imagine you could recycle all those time-consuming hours spent sweating over intricate spreadsheets, panicking over whether your formulas are up to date and if you’ve remembered to account for tax. Picture yourself getting it all done within a few button clicks, confident […]
When I first started my bookkeeping business, I was using about ten different software for bookkeeping, payroll and organization. Not to mention programs for email, HR and other administrative tasks. Oof. Thinking about it gives me a headache! I knew I had to simplify things — not just for myself, but for my clients as […]
Our best stories about time and attendance tracking for small businesses.
Beaches Sandbox was established during the pandemic with a vision to provide a space for community connection, creativity and fun! Founders Paulette O’Leary and Jason Schuy noticed a lack of opportunities for people to come together and decided to create a hub that caters to all ages, abilities and backgrounds. No one is excluded from […]
Making an efficient work schedule is a core part of ensuring your business runs smoothly from day to day. But as any small business owner knows, there’s a lot more to it than just jotting down some hours. In fact, keeping your team members happy while also meeting business needs can be downright anxiety-provoking — […]
Meet Kristi Mercier, owner of Harmony Meadows Alpaca Farm. Like many small business owners, Kristi wears multiple hats: From feeding her furry friends to managing payroll. Recently, she made the switch to Wagepoint for her payroll and time and attendance needs, and the results have been nothing short of delightful. Inflexible software made schedule changes […]
No question, PTO management software is a must-have for growing teams. Imagine your entire team booking off the same day to go golfing without you realizing. That might be fun team building, but it’s not so fun for coverage in the workplace. Manual PTO tracking is last century. The answer, of course, is PTO management […]
Employee time tracking plays a big role in an efficient workday, whether you opt for manual or software-driven systems to help you manage it. Time tracking, or accurately recording the hours worked by employees on their various tasks and projects, allows small businesses to: Keep an eye on productivity Divvy up resources efficiently Make sure […]
As their name suggests, Olson’s GLO Estate Home for Special Care is a special place. As a small Residential Care Facility, they have the big job of caring for their residents. The last thing Nicole Spinney, Manager, needed was issues with time and attendance that took away from other aspects of running the business. Nicole […]
Meet Jaclynn and Caleb, proud owners of a thriving landscaping business, Elevate Your Landscape. With a bustling operation and a team of hardworking employees, Jaclynn found herself juggling multiple tasks, including the daunting task of time, attendance and payroll management. Let’s dive into their journey of transitioning from manual processes to a more streamlined solution […]
Finding the best employee time management software isn’t just about finding a handy tool — it’s about being functional, smoothing out workflows for your teams and meeting any of the other specific needs a business might have. Whether you’re a small business owner looking to track shifts and billable or non-billable hours for your small […]
Our best HR articles and tips.
If you’re a small business owner in Canada, let’s talk about something that’s probably been on your mind: HR software. Now, before you start thinking about daunting spreadsheets and endless forms, let me tell you, there’s a light at the end of the tunnel. Choosing the right HR software can free up your time and […]
We could explain employee objectives and define several subcategories of employee objectives — and we will — but employee objectives examples will help make all that crystal clear. Without examples, you might understand what they are, but it wouldn’t be as easy to recreate them in your business — which is the actual goal. So, […]
Learning how to track employee performance plays a big part in business success. Without a system for employee performance tracking, you can’t know if your team members are improving, growing into their roles or contributing to your company in a way that directly moves you closer to your business goals. Regular performance reviews is one […]
Employee management software helps to take the burden of managing HR-related tasks off your shoulders and boosts employee satisfaction in one. With the right tool, your workforce stays productive and happy, and you get to free up time to focus on your core business needs. As a small business owner, you already know how much […]
New employees can be vulnerable, out of their element, stressed, and eager to please. Instead of providing a nurturing environment and offering instant validation, however, many businesses expect their new hires to turn into genuine attack dogs in a matter of weeks, providing little training coupled with high expectations. Given that the newest workforce generation […]
It’s the end of December! Businesses around the world are planning for the new year and thinking about what they’d like to accomplish in the coming year. Call them what you will — goals, objectives, milestones, Key Performance Indicators (KPIs) — it’s important for small businesses to plan and set targets for the business and […]
Whether you’re just starting your small business and looking ahead to your future needs or you’re at the cusp of growth where you’re considering a human resources (HR) solution, you probably have questions. HR gets a bad rap, but realistically, it’s people management, and something you’ll want to consider as you grow your team. So, […]
There are a lot of challenges facing workplaces these days — from employee shortages to layoffs to the continued fight for equal pay. You may have even heard of the two latest buzzwords (that really aren’t new to the workplace at all): Quiet quitting and quiet firing. Quiet quitting = An employee doing the bare minimum […]
Real stories from real Wagepoint customers, just like you.
Beaches Sandbox was established during the pandemic with a vision to provide a space for community connection, creativity and fun! Founders Paulette O’Leary and Jason Schuy noticed a lack of opportunities for people to come together and decided to create a hub that caters to all ages, abilities and backgrounds. No one is excluded from […]
Meet Kristi Mercier, owner of Harmony Meadows Alpaca Farm. Like many small business owners, Kristi wears multiple hats: From feeding her furry friends to managing payroll. Recently, she made the switch to Wagepoint for her payroll and time and attendance needs, and the results have been nothing short of delightful. Inflexible software made schedule changes […]
“Payroll is now seamless and stress-free.” Meet Dr. Sara Markovic, the driving force behind River Street Endodontics, a specialized dental practice that focuses on root canal procedures. Since opening in August 2019, Dr. Sara has been dedicated to providing top-notch dental care and carving out a niche as the go-to provider for root canals. Her […]
As their name suggests, Olson’s GLO Estate Home for Special Care is a special place. As a small Residential Care Facility, they have the big job of caring for their residents. The last thing Nicole Spinney, Manager, needed was issues with time and attendance that took away from other aspects of running the business. Nicole […]
Meet Jaclynn and Caleb, proud owners of a thriving landscaping business, Elevate Your Landscape. With a bustling operation and a team of hardworking employees, Jaclynn found herself juggling multiple tasks, including the daunting task of time, attendance and payroll management. Let’s dive into their journey of transitioning from manual processes to a more streamlined solution […]
“I value my time as really important. So the work-life balance is crucial.” What do you get when you combine a last minute need for flowers (for your own wedding) with an eye for business? Floral haven Thyme Studio started when co-founder Nas Neufeld was about to get married and didn’t know where to turn […]
As a payroll practitioner and professional bookkeeper, Melissa Lenos, CPB, PCP, of King Business Solutions knows her stuff when it comes to the payroll and bookkeeping process. She understands the implications of many finer payroll details that small business owners might not know to look for, what the consequences are of not meeting compliance or […]
Venom Classics is all about revving up engines and memories. This auto shop specializes in customizing and repairing American classic and muscle cars and trucks between the 50s and the 80s. Co-owner Mary Hinton says the core of Venom Classics is integrity and honesty. Whether doing minor repairs or major overhauls, keeping their clients’ classic […]
Extra! Extra! Get the scoop on the latest Wagepoint news.
Driven by a mission to champion small businesses in Canada and make a positive impact across our communities, Wagepoint is excited to announce a new partnership with our friends at Alterna Savings. 🎉 The partnership allows Alterna members to enjoy exclusive pricing for Wagepoint’s simple payroll software, empowering them to spend less time on complicated […]
As we bid farewell to 2023, it’s not just another year in the books; it’s a chapter of growth and partnership that we’re proud to share with our incredible accounting and bookkeeping allies. In 2022, we witnessed the unwavering dedication of accountants and bookkeepers across Canada, as they embraced the theme of “Evolve and Grow.” […]
Wagepoint may be in the business of payroll, but it’s the business of people that truly sets it apart. This week, we’re super excited to announce that Wagepoint was named one of Canada’s 2022 Best Workplaces for Inclusion and Mental Wellness by Great Place to Work®, a global authority on high-trust, high-performance workplace cultures. Our […]
Today, Canadian fintech company Wagepoint is doubling-down on its mission to bring happiness to small businesses and their teams with a new acquisition. KinHR – soon to become People by Wagepoint – has joined Wagepoint’s family of products, which will create a single solution that takes payroll, time and attendance and (now) human resources tasks […]
Inspired by small businesses who love simplicity and hate doing things the “ugh” way, Wagepoint is excited to announce a new integration with our friends at Xero, the global small business platform that helps SMBs and their advisors grow and thrive. (We love that!) Our relationship levels-up this week with the release of a new […]
Wagepoint announces its first acquisition deal with Timesheet Mobile (TSM), a like-minded friend and leader in geofence-enabled workforce management for small businesses in over 30 countries.
FoundersBeta is a global online community of founders, innovators and change-makers with over 6000 members. They’re on a mission to become the number one online destination for startups and scaleups across the globe to find top talent and resources. Wagepoint is proud to announce our partnership with FoundersBeta. We firmly believe in their mission and […]
“Awesomesauce” is not a word typically used to describe payroll companies, but for the People Ops team behind Wagepoint’s human resources successes (and shenanigans), it’s exactly the type of compliment that fits. The fintech company known as the world’s friendliest payroll provider is now being recognized for being a friendly employer, too, with a Silver […]
Handy research and reports about small businesses, accounting and payroll.
The Wagepoint 2023 Canada Small Business Payroll Calendar gives you a year-long overview of key small business payroll deadlines so you can focus on running your business without worrying about missing important dates.
New employees can be vulnerable, out of their element, stressed, and eager to please. Instead of providing a nurturing environment and offering instant validation, however, many businesses expect their new hires to turn into genuine attack dogs in a matter of weeks, providing little training coupled with high expectations. Given that the newest workforce generation […]
Have you ever wondered how much it costs your small business to pay its employees? Do you want to know what percentage of your revenue is being spent on payroll? Are you curious about how many hours your employees are working each week? The answers to these questions lie in your payroll reports! Payroll reports […]
Welcome to your all-in-one resource for T4s! ‘Tis the season to fill out or generate these forms to hand off to the Canada Revenue Agency (CRA) and your employees, so we thought it’d be handy to have the information you’ll need in one place. Whether you’re doing so manually or using a payroll software like […]
Quick Links Request the report Business resilience defined What the numbers and businesses say The 2021 Canadian Small Business Resilience Report. As we look back on the events of 2020 and the ongoing social and economic impacts, narratives will be dominated by the word “pandemic.” However, as our research has uncovered, conversations about the past […]
In our fast-paced world, sometimes picking up the phone is the best way to ensure proper communication and get a problem resolved for our clients. Although you may not have time for a friendly chat, our friends at the Canada Revenue Agency (CRA) do. Emails are a frequent way to communicate on a timely basis, […]