We provide Payroll Management Services to our clients

If you are looking to have your payroll professionally managed by an Accounting firm then look no further, we at Profit & Loss Management can manage your payroll function for you regardless of the number of employees you have in your company.

Businesses of all sizes and in all industries require a payroll system to maintain operations and track payroll taxes, but this system can be complicated to set up initially. At Profit & Loss Management, we can help you throughout the entire payroll process.

As part of our payroll services, we can prepare your payroll, deposit funds into employees’ accounts, provide you with your payroll remittance details, and provide payroll reports for record keeping purposes.

In addition, we have a team of professionals that you can utilize to not only manage your payroll function, but also analyze and payroll interpret reports in order to better understand correlations between certain costs, and prepare forecasts for the fiscal year.

As part of our payroll services, we ensure that our clients are in full compliance with Income Tax & CRA rules and regulations.   We ensure that our clients are in compliance with the Ontario Ministry of Labour requirements such as calculating vacation pay, statuary holidays and over time etc.

Our payroll experts can manage the entire payroll process for you which would include payroll processing, remittances, WSIB, and EHT registration and remittances, and Year-End T-slips preparation and distribution as well.

At Profit & Loss Management, we encourage you to focus on growing your business and meeting the day to day demands by having us taking care of all your accounting, payroll, and tax related aspects of your business.

If you are looking to have one firm take care of accounting and tax needs then you have arrived at the right spot! We offer a special service which we call Outsourced Accountant through which we can take care of all the accounting, payroll, hst, consulting, personal tax, and corporate tax needs for you and your business! Curious if that is suitable for you? Click on the following link to find out more:

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Areas We Serve

Toronto

Mississauga

Oakville

Vaughan

Hamilton

Burlington

Richmond Hill