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Payroll Services at CogniKite Financial Solutions

Our payroll solutions are designed to simplify your operations, minimize risk, and free up your time so you can focus on your business. Services include:

01

Payroll Calculation & Processing

Accurate calculation of employee wages, deductions, and bonuses based on your payroll schedule.

02

Direct Deposit Management

Seamless and secure direct deposits for employees, with customizable payment options.

03

CRA Payroll Remittance

Timely submission of required source deductions (CPP, EI, and income tax) to the CRA.

04

T4, T4A & ROE Preparation

Year-end preparation and submission of employee slips, summaries, and Records of Employment.

05

New Employee Setup & Termination Processing

Ensure compliant onboarding and offboarding with accurate reporting and updates.

06

Vacation Pay, Sick Leave & Holiday Tracking

Full tracking and integration with employee compensation plans.

07

Statutory Deductions & Compliance

Automatic application of changing CRA rates and provincial standards.

08

Customized Payroll Reporting

Monthly or on-demand reports to help with budgeting, accounting, and audits.

How CogniKite Financial Solutions Simplifies and Strengthens Your Payroll Process?

Ensure Accurate and On-Time Payments

We handle every aspect of payroll processing to ensure your team gets paid correctly, every time.

Avoid CRA Penalties and Late Filings

Our team stays on top of government deadlines and deduction rates so you never miss a remittance.

Simplify Year-End Reporting

From T4s to Records of Employment, we prepare and file all required documentation so you're always ready.

Scale With Confidence

As your team grows, we adapt your payroll systems to stay efficient, compliant, and cost-effective.

Frequently Asked Questions (FAQs)

We support weekly, bi-weekly, semi-monthly, and monthly payroll cycles—customized to your business needs.

Yes. Even with a small team, payroll compliance is critical. We ensure CRA deductions, filings, and payments are accurate and timely.

Yes. We integrate with QuickBooks, Xero, Sage, and other platforms to ensure seamless payroll accounting.

Missing deadlines can lead to CRA penalties. We manage your remittances proactively to avoid such issues.

Absolutely. We handle payments and proper year-end reporting for contractors and freelance workers.

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