Simplify Your Payroll with Expert Solutions
Take the stress out of payroll.
At ASP Tax and Accounting Services, we know that accurate payroll is essential to both your business and your employees. Our payroll services ensure your team is paid on time, every time, while keeping your business fully compliant with tax laws. Whether you’re a small business or a growing company, we provide reliable, precise payroll solutions tailored to your needs.
With ASP Tax and Accounting Services, you can trust that your payroll is in good hands, allowing you to focus on what matters most—growing your business. Your Success, Our Commitment means we’re here to support you with hassle-free payroll management, every step of the way.
Our Payroll Solutions for growing Enterprises:
Our Cloud-Based Payroll Services provider Wagepoint
As a cloud-based solution, Wagepoint allows business owners and payroll managers to access payroll information from anywhere with an internet connection, improving flexibility. There payroll services are fully automated, modernized and easy to use. Our payroll services includes:
- Direct deposits for employees pay to their bank account
- Employee portal with accessible pay stubs online.
- Employee Benefits Administration: Handling deductions and benefits processing.
- Payroll processing including calculating gross wages and net pay, deducting Canada Pension Plan (CPP) contributions, Employment Insurance (EI) premiums, and income tax, as well as handling bonuses, overtime, vacation pay, and other special pay.
- Remitting federal and provincial taxes to the CRA on behalf of the business and its employees.
- Handling source deductions for income tax, CPP, and EI, and ensuring timely remittance to CRA.
- Preparing and submitting T4A slips for non-employee compensation (e.g., contractors).
- Preparation and distribution of T4 slips for employees, detailing their annual income and tax deductions.
- Filing the T4 Summary with the Canada Revenue Agency (CRA), which summarizes the total wages paid and taxes withheld for the entire organization.
- Reviewing the payroll records at year-end to ensure everything is correct before issuing T4 slips and finalizing tax filings.
- Producing year-end payroll reports to assist in financial year-end reporting.
- New employee setup
- Issuance of Record of Employment (ROE) forms when an employee leaves, is laid off, or goes on maternity/parental leave.
Benefits of Online Payroll with Wagepoint
Direct Deposit: Employees can receive payments directly to their bank accounts, eliminating the need for paper checks and reducing the administrative workload for businesses.
Employee Self-Service Portal: Wagepoint provides an employee portal where employees can access their pay stubs, tax forms, and other payroll-related documents, reducing the need for administrative inquiries.
Security: Wagepoint uses strong encryption protocols to protect sensitive payroll data. This ensures that personal and financial information is secure and complies with privacy regulations.
Reports and Analytics: Wagepoint generates detailed reports, helping businesses track payroll expenses, taxes, deductions, and other key payroll metrics, aiding in better financial decision-making.
Wagepoint Payroll & QuickBooks Online Integration
Wagepoint integrates seamlessly with QuickBooks Online, and once a payroll run is finalized, it automatically pushes the correct journal entries into QuickBooks under the appropriate payroll categories, ensuring the accuracy of your bookkeeping records.
Say Hello to Simplified Payroll
Your All-in-One Solution for Effortless, Cost-Effective Payroll Management. Let us take the stress out of payroll so you can focus on what truly drives your business forward.
Precision and Accuracy:
We ensure your employees are paid correctly and on time, every time
Compliance You Can Trust
Stay ahead of changing tax laws and avoid costly penalties with our expert compliance support.
Tailored Solutions
Whether you’re a small business or a growing enterprise, we customize our services to fit your unique needs.
Time and Cost Savings
Outsourcing payroll frees up valuable time and resources, allowing you to focus on what matters most to your business.
Your success, our commitment
Why Choose Us
We believe that your success starts with a solid foundation—and that includes seamless, accurate payroll. Outsourcing your payroll to us means you can focus on growing your business while we handle the complexities of payroll management.
Need Payroll Services For Your growing Enterprise?
Let us help you achieve your goals
