Payroll Compliance for Canadian Organizations

Payroll is not just a payment function. It is a compliance obligation, a trust function, and a financial control.

Collective Finance provides payroll support for Canadian businesses and non-profits that need payroll processed accurately, remitted correctly, and documented properly every cycle.

Payroll Processing & Remittances

• Payroll calculation and processing

• Source deduction remittances

• Payroll journal entries aligned with accounting records

• Pay cycle consistency and accuracy
  

Compliance Oversight

• Monitoring payroll-related regulatory changes

• Ensuring compliance with employment standards

• Audit-ready payroll documentation
  

Operational Integration

• Coordination between payroll and accounting

• Payroll cost alignment with financial reporting

Clear documentation and controls

What’s Included in Payroll Compliance

Payroll follows a standardized workflow with built-in checks.

1. Payroll inputs are requested if required

2. Client submits employee details or changes

3. Payroll is processed and reviewed

4. Remittances are scheduled and completed

5. Payroll entries are posted to financial records

Documentation is archived and audit-ready

Where Clients Are Involved

Provide payroll inputs when required

• Submit new hire, termination, or change details

• Review payroll summaries as needed

Once inputs are received, we handle the rest.