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Ridgewood Payroll Services | Numetrica Accounting & Bookkeeping

We're Numetrica Accounting & Bookkeeping, a professional accounting firm serving Ridgewood, Alberta, offering reliable, accurate, and efficient payroll services. Our core values are accuracy, reliability, and efficiency. Let us help you with all your accounting needs today!

Numetrica Accounting & Bookkeeping is your trusted Ridgewood, Alberta accounting firm with over 20 years of experience and 100 Google reviews. Our personalized service is designed to offer exceptional customer service and conscientious attention to our clients. Our payroll services are accurate, reliable, and efficient, making sure that you and your employees are paid on time. With our professional team of accountants, you can be sure that your payroll needs are taken care of correctly and efficiently. Contact us today for more information about our payroll services!

Let's get your finances in order with Numetrica Accounting & Bookkeeping - reliable, efficient, and accurate payroll services you can trust!

Get Accurate Payroll Services in Ridgewood, Alberta with Numetrica Accounting & Bookkeeping

Are you looking for reliable payroll services tailored to the unique needs of Ridgewood, Alberta clients? Look no further than Numetrica Accounting & Bookkeeping. With years of experience and a commitment to accuracy, we provide the best customer service around. Our team understands that accurate payroll is essential for businesses of all sizes, and we're here to help you get it right. From filing taxes to setting up employee benefits plans, Numetrica has the skills and knowledge necessary to ensure your business runs smoothly. With our commitment to accuracy and exceptional customer service, you can trust them to keep your books balanced and your employees paid on time. Contact us today to learn more about how Numetrica Accounting & Bookkeeping can help make sure your payroll is always accurate!

Setting Up Employee Pay Through Payroll

We've all been there. Managing a business and needing to figure out how to set up employee pay can feel like a daunting task. But it doesn't have to be! 

Here are some tips for setting up employee pay through payroll that will make the process more manageable:

  • Determine what type of payment will be used: direct deposit, check, or cash.
  • Decide when employees should receive your payments: weekly, bi-weekly, or monthly.
  • Calculate the total amount that each employee is owed based on your hours worked and hourly wage rate.

When it comes to organizing employee pay through payroll, communication between employer and employees is key in order for everyone involved to understand expectations and deadlines. Set up clear guidelines from the beginning so that everyone knows what's expected of them—this helps ensure you won't run into any issues further down the line. Additionally, when settling on payment methods and timing, consider factors such as convenience and cost efficiency before making your final decision.

Payroll systems help streamline the process of setting up employee pay by enabling employers to automatically track hours worked and calculate wages quickly and accurately. With this technology in place, employers can save time on administrative tasks while minimizing errors associated with manual data entry processes—so you don't have to worry about any calculations slipping through the cracks! Plus, automated payroll systems also come with features like tax deductions tracking so you can easily keep your company compliant with all applicable laws and regulations without having to do extra work yourself.

Why is Payroll So Important for Businesses?

We know how important payroll services are to businesses. It's the process of paying employees accurately and on time, while also ensuring that taxes are filed correctly. Without a reliable payroll system in place, businesses can face fines, penalties, and other costly issues.

At Numetrica Accounting & Bookkeeping in Ridgewood, Alberta we understand the importance of payroll and the complexities that come with it. We provide comprehensive payroll solutions so you can rest assured that your business is compliant with all regulations and laws. Our team of experienced professionals offers exceptional customer service so you can focus on what matters most—running your business.

Ensure Accurate and Timely Payments with Numetrica's Payroll Services

We understand the importance of getting employee payments right. With Numetrica Accounting & Bookkeeping's payroll services in Ridgewood, Alberta, you can rest assured that your employees will be paid accurately and on time. Our comprehensive reporting also ensures that you stay informed about labor costs and are compliant with legal and tax obligations. We take the hassle out of managing payroll for you so you can save time and money!

Ridgewood Payroll Services FAQs

What payroll services do you offer?

We offer full-service payroll, which includes processing, filing, and remitting payroll taxes. We also offer custom payroll reporting, direct deposit, pay stubs, and more

How often do you process payroll?

We process payroll as often as you need - weekly, bi-weekly, semi-monthly, or monthly.

What kinds of payroll taxes do you handle?

We handle all federal and state taxes related to payroll, including income taxes, social security, Medicare, and any other applicable taxes.

Is there a minimum contract required?

No, we do not require a minimum contract.

How secure is your payroll system?

Our payroll system is highly secure. We use the latest encryption technology to ensure all your payroll data is safe and secure.

What is payroll source deductions?

When employees get paid, a portion of their pay are deducted and sent to CRA. These deductions are for Employment insurance (EI), Canada Pension Plan (CPP), and income taxes. The employers also pay their portion of EI and CPP for each employee. These deductions, typically for one month are due on the 15th of the following month. This called source deduction payments. A form called PD7A is completed and sent to CRA with a payment.

What is included in PD7A

Gross payroll, number of employees, month of deductions, payments. At Numetrica we typically file these source deduction payments online either through CRA website or through banks.

Are there penalties if payments or source deductions are filed late.

Yes there are interest and penalties for submitting source deductions late to CRA. At Numetrica our accountants and bookkeepers send reminders to our clients to remind them about source deduction payments. In addition, most of our accounting and bookkeeping clients payroll are automated so these source deductions are calculated and reports are generated very early.

What software are great for preparing payroll

At Numetrica our accountants and bookkeepers either use Quickbooks Online or Wagepoint to calculate payroll and source deductions and remit them to CRA.

How do I remit payroll deductions to CRA

  • You’ll need payroll program (RP) account number.
  • Your business’ complete legal name.
  • Address, and telephone number.
  • The remitting period your remittance month
  • Number of employees
  • Gross payroll
  • Payment

How do you open a payroll program account

As soon as you know that you are hiring someone call CRA at 1 800 959 5525 and activate your payroll account. Your payroll account is the same as your HST and Business number however, it gets a RP0001

What happens to all source deduction payments?

At the end of the year, all the source deduction payments ended up in a form we call T4 Summary and T4 Slips. All the employee individual deductions plus remittance by the employers should agree to what was send to CRA and also match to T4 Summary. If there are discrepancies, it different has to be detailed and explained to CRA. Often if discrepancies are high, payroll audit may be initiated so CRA can exam payroll deductions. Using an automated software is the best way to calculate and prepare payroll and source deductions.

What is NIL remittance

Your PD7A may also include a Nil remittance form. This form is used to notify the CRA that you will not have employees for a particular period or that your account should be closed. If PD7A is not send to CRA for a particular month, you may get a call from CRA and asking why it wasn’t sent. At Numetrica, we advise our client to send a NIL remittance so the phone call can be avoided and also notify CRA that there was no payroll for a particular month.

WHY US

We know how important it is to have an accurate and reliable accountant, so why not choose Numetrica Accounting & Bookkeeping' for all your accounting needs? With over 20 years in the business, 100 Google reviews, and exceptional customer service, you can rest assured that you'll be getting personalized care. Plus, they prioritize accuracy and trustworthiness - two essential qualities when it comes to accounting. So don't hesitate any longer; let Numetrica Accounting & Bookkeeping take care of all your accounting needs!

The Numetrica Difference

20+ Years of Experience

100+ Google Reviews

Personalized Service

Exceptional Customer Care

Reliable Accounting Solutions

HOW CAN WE HELP

We at Numetrica Accounting & Bookkeeping understand that accounting can be a daunting and complex task. That's why we're here to help – with our commitment to accuracy, trustworthiness, and reliability, we can provide personalized accounting services tailored to your individual needs. We're confident that our expertise and commitment to excellence will help you get the most out of your finances.

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Reviews

Check what some of our clients are saying about our services.
  • Samantha Biron

    I highly recommend Moe Tabesh. His service is phenomenal, to say the least. His tax knowledge is extensive and he’s been able to save me a substantial amount of money by following his recommendations. In addition, he is warm, kind, understanding, positive, and flexible, which are qualities I find rare in most accountants I’ve worked with. You’re in good hands with Moe, I can’t recommend him enough.

    Samantha Biron

    President and Founder, Find Your Tribe
  • Jeremy Prudhomme

    Moe and everyone at Numetrica have been incredible at helping with my new corporation and corporate and personal tax returns and my other small business. Their accounting skills are out of this world and the technology they use makes everything so simple and fast. The time you will save will be worth every penny. Thanks again Moe for all your help!

    Jeremy Prudhomme

    CEO, Jeeman TV
  • Farshid Dehnavi

    Mr Tabesh (Captain Number Cruncher) and his perfect team are not only professional in their fields, they are extremely passionate about their clients! Numetrica City continues to support us with corporate and personal tax returns, bookkeeping (thank you so much Sherry ) and We are so happy and appreciative for you and your responsible team, Moe!!!
    I really recommend these guys to everybody.

    Farshid Dehnavi

    President and CEO, Ink Plus
  • Keddy Declan

    I did my first Corporate tax return and cloud accounting with Numetrica City and I am very satisfied with the work they did. The team was very responsive and answered all my questions. I 1000% recommend their services.

    Keddy Declan

    CEO , IT Referrals
  • Sibeso Kehinde

    I would highly recommend Numetrica City-Accountants, Tax and Bookkeepers. Exceptional customer service. I am assured that all my company tax services and payroll are taken care of because of the great team that Moe has. I like the fact that I do not have to worry about driving to a physical location for my accounting services, my company's accounting tax preparations are done online due to the excellent cloud service Numetrica City has. Definitely score a10/10. Thank you for all the good work that you guys do. Greatly appreciated!

    Sibeso Kehinde

    OUR PROCESS

    Discovery

    Discovery

    We’d love to hear about your goals and aspirations. After understanding the big picture, we’ll dig into the details of your bookkeeping process so we can assess your needs.
    Proposal

    Proposal

    Once we understand your needs, we’ll send over a proposal that outlines our plan for tackling your challenges and a fixed monthly price for those bookkeeping services.
    Set-up

    Set-up

    Once you accept our proposal, we’ll get your bookkeeping tidied and up to date and begin implementing cloud accounting tools that will ensure proper bookkeeping going forward.
    Get Connected

    Get Connected

    Once the set-up is done, the hard part is over. You’ll be connected to your CPA-level bookkeeper and they will become your main point of contact.
    Reviews

    Reviews

    Once the clean up is done, the hard part is over. You’ll get connected to your bookkeeper and he/she will become your main point of contact. Don’t worry, we only select the best CPA or CPA students.

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    Numetrica

    Trust in the superhero accountants of Numetrica to keep your numbers in order and for expert advice on growing your business. Numetrica specializes in providing clients with in-depth accounting and bookkeeping services in Canada and the United States as well as financial advice to assist you in making the right decisions for your business.