Top-Rated Payroll Accounting Services in Toronto
See your business grow once you outsource tricky payroll tasks. Say bye to costly fines and unmotivated employees. We help you keep your team content with accurate withholdings and timely payments!
Enjoy Your Business Growth. Payroll Accounting Planned, Prepared, & Done for You.
No More Stress.
CRA audit penalties can range from 10% to 20% of unpaid amounts. With full CRA compliance, you can sleep peacefully at night.
See the Growth.
New hires, locations, and compensation are no longer challenging. Whether 5 employees or 500, our payroll accountants grow your business.
Save More Time.
Average business owners spend almost 20 hours monthly on manual payroll. Automated payroll is a real magic when it turns 20 to 8 on this process.
Spot-on Paychecks.
Unhappy employees are the last thing you need. Our payroll accounting services improve employee retention.
Our Services: Payroll Accounting in Toronto
Payroll Processing and Management
- Straightforward payroll processes
- Employee earnings, pay stubs, and deposits calculation
- Direct and automated deposit services
Tax Fillings and Compliance
- Accurate payroll taxes covering CPP, EI, and income tax withholdings
- Yearly tax documentation, including T4, T4A, and T5018
- Guidelines of federal and provincial tax regulations
ROE Preparation
- Thorough reports on Employees’ Departure (ROE) Preparation
- Safe storage and easy retrieval of ROE documents
- Aligned with government regulations and employment standards
WSIB Report
- Full compliance with government regulations
- Timely submission of reports
- Workplace Safety and Insurance Board (WSIB) report management
Benefits Administration
- Benefit deductions and remittances management
- Health insurance and retirement plans calculation
- Accurate record maintenance
Custom and Advisory Services
- Customized payroll services tailored to specific business needs
- Consultation with experienced CPAs
- Professional advice on payroll solutions
Trusted By Toronto’s Up & Coming Business Owners.
As the leading restaurant financial advisor in Toronto, we proudly handle paystubs, direct deposits, source deductions, T4s, and ROEs of over 120 business owners.
See How Our Payroll Accountants Have Helped Businesses Like Yours.
Partner with Sal Accounting to have a seamless, efficient experience. We make payroll management stress-free like a breeze.
See what our clients say about how they “couldn’t have found a better business partner in payroll accounting.”
Fast Onboarding Experience.
Starting with our payroll accounting services is easier than you think.
24/7 Support.
Our knowledgeable payroll specialists are one call away! We are here to support you whenever you want.
Ensured CRA Compliance.
We'll ensure your payroll is fully compliant. Keep in good standing with the CRA.
Why Our Small Business Clients Love SAL Payroll Accounting.
Only Pay When 100% Satisfied with Our Payroll Accountant Services.
Money-Back Guarantee.
We believe you should only pay if you’re satisfied with our services. And we’re determined to make it a reality.
Risk Protection.
Worried about CRA audits? We've got you covered! If audited, we’ll handle your CRA audit for free.
Know What You’re Getting.
Enjoy upfront, transparent pricing so you know what to expect.
Why Choose SAL Payroll Services In Toronto.
The Choice for Business Payroll Services in Canada.
Managing payroll can be tricky but vital for every business. Regardless of your business’s niche, our payroll services are designed specifically for your needs.
Restaurant Owners
SAL restaurant accountants can help you calculate tips, ensure compliance with labor regulations, and simplify financial processes.
Retail Stores
We can help retail owners calculate wages, overtime, and benefits in such cases. We also guarantee compliance with Toronto regulations and transparent financial processes.
Manufacturing
Financial processes run in manufacturing companies. Payroll should be calculated and managed carefully to improve overall performance.
Media and Advertising
We are by your side if you are active in the media and advertising industry. We calculate payroll efficiently for different roles, from full-time employees to freelancers.
Retail and Hospitality Businesses
As a shop or restaurant owner, you have different payroll needs. Staff may work varying hours, especially during holidays or special events. Our services ensure payroll is handled correctly and punctually.
Nonprofit Organizations
Nonprofits often manage money meticulously. We maintain your T3010 filings and payroll remittances and keep them complied with compliance with CRA regulations.
Mid-Sized Companies
Grow your mid-sized business by automating gross-to-net calculations, benefits deductions, and tax filings. You can easily integrate them with our accounting software, such as QuickBooks.
Professional Services Firms
Our payroll solutions are aligned with WSIB and EHT regulations. We help professional services firms maintain partner equity and staff compensation adequately.
Small Businesses
See your small business or startup grow with our automated payroll accounting services. Track tax remittances and employee self-service portals with zero error risk.
A Message from Our CPA
“Hello everyone! The founder of SAL Accounting is here! I understand how challenging it can be to manage payroll tasks, but don’t worry — we’re here to make it easier for you. My team and I specialize in payroll accounting, and we’re dedicated to making payroll and related tax filings smooth and stress-free. Outsource your finances to us so you can grow other aspects of your business instead.”
M. SALMAN
Connect with Professional Restaurant Accountants in Toronto.
Sarah Zeyneb
Jazz Thind
Alex Hart
M.SALMAN, CPA
FAQs: Payroll Accountant Toronto
What is the accounting process for payroll?
Payroll accounting services include calculating, managing, recording, and analysis of employees’ compensation. We offer Toronto’s highest-quality and most flexible payroll accounting services to meet businesses’ needs. We guarantee transparency regarding the payroll accounting systems we offer.
How long does it take to start working with your payroll accountants?
We are committed to making onboarding as fast and smooth as possible. Depending on your current setup, the process takes 1-2 weeks. We’ll work to gather the information and configure everything properly.
What do your payroll accountants do?
Here at SAL, our experts process salary payments to employees with the highest level of accuracy. They deliver quality services, including salary calculation, payroll accounting system upgrades with employee information, and internal and external tax documentation.
Can I do payroll on my own?
You definitely can do payroll yourself. Yet you must know how critical it is to pay CRA remittances and employees on time. Otherwise, you should pay CRA penalties, about 10% of the late amount paid.
What does your payroll accounting service cost?
Our pricing depends on different factors. We offer transparent, affordable pricing with no hidden fees. Most clients find that we save them significant time and money compared to handling payroll in-house.
How will I know my payroll taxes are paid?
Each time payroll taxes are filed, you’ll receive a confirmation. We also reconcile your tax liabilities to deposits made. It guarantees your taxes are paid accurately and on time.
How do you ensure the security of my payroll data?
SAL takes the security of your payroll data very seriously. We use industry-standard encryption and secure servers. Our team members adhere to strict confidentiality protocols.
Can I integrate your payroll services with my existing accounting software?
Yes, we can integrate our Toronto payroll accounting services with advanced software. Some of the most popular ones are QuickBooks, Xero, and Sage. Our team will work with you to set up the integration and provide support.
What is your pricing structure for payroll services?
Our pricing is transparent and competitive, with no hidden fees. We offer customized pricing based on your specific needs. Factors such as the number of employees, payroll frequency, and the complexity of your payroll requirements matter. We’ll provide a detailed quote upfront so you know what to expect.
How can I find payroll accounting services near me?
SAL is located in the heart of downtown Toronto. Our office is at 330 Bay Street, minutes away from Union Station and the CN Tower.
Schedule a FREE Consultation to Discuss Your Payroll Needs.
Are you ready to ease your payroll burdens? Save time and achieve peace of mind with our payroll accounting services in Toronto! Make payroll headaches a thing of the past. Contact us to book a free consultation now!