Featured Image Source: Michelle Spollen on Unsplash
By: Olivia Walsh
Starting a business can be a challenge, especially when it comes to handling payroll and taxes. Fortunately, there are companies that you can outsource this job to so you don’t have to worry about these anymore.
In this guide, we’ll run you through the best payroll services in Edmonton. We checked out the top options and listed down what makes them a good choice.
But before proceeding, let’s talk about the typical costs involved when you hire them.
How Much Do Payroll Services Cost?
There are some perks to having a third-party company do your payroll. At the same time, the biggest downside is that you will have to pay for their services.
Apart from doing the payroll, these companies may charge you extra fees. Not to mention, you will need to pay more with every additional service you require, such as tax assistance and paycheck delivery.
Here is a quick estimate of the prices that companies offering payroll services typically charge. These may not reflect the actual prices, as some changes may occur.
|Online Payroll Services||$29 to $150 per month|
|Per Employee Charge||$2 to $12|
|Tax Assistance||$50 per employee|
The Best Payroll Services in Edmonton
When it comes to hiring a third-party provider for payroll services, you won’t run out of available options. For this list, we picked out the ones that offer the most comprehensive services and have been highly recommended.
1. Preferred Client Services
|PRODUCTS||Month End Reconciliation, Year-End Packages, Accounts Receivable Management, Payroll Services, Government Remittances, Financial Reporting, Training & Upskilling, Temporary Services, Systems/Software|
|ADDRESS||#201, 2327 Ellwood Drive SW, Edmonton, AB T6X 0J6|
|CONTACT DETAILS||Phone: (780) 439-9457 |
Email: [email protected]
|OPERATING HOURS||Mondays to Fridays: 8:00 AM to 4:00 PM|
Preferred Client Services is a majorly female-run business with a team of professional bookkeepers. They pride themselves on 16 years of bookkeeping experience.
When you approach them for their payroll services, they will first sit down with you to talk about the challenges you are facing with your company. They will then pick out different solutions to recommend to your company.
From there, you will receive a quote on how much they will charge for their assistance. Since they tailor-fit their services to each of their clients, you don’t need to pay for a service that you don’t need.
Their website doesn’t contain a lot of information about the different services they offer in payroll management. But they do mention making government remittances, filing T4s, and processing payrolls.
Our only wish is that they would make their website include more details about the services they offer. But at least they make up for this with a free consultation.
We gathered some reviews we could find about Preferred Client Services from other people:
“I recently got referred to Preferred Client Services back in Feb 2021. Cant say enough good things about the staff and the services they provide. They made my transition from my previous book keeper a breeze. Iv been personally working with Marilyn on my quarterly books this year and she has been rocking it. She’s very professional, answer all my questions in a timely fashion, very friendly and easy to talk with. I would highly recommend Marilyn and Preferred Client services to anyone who is looking for a great book keeping service for their business or personal needs.” – Austin Schultz
“Preferred took over book keeping from our prior book keeper and fixed the books on a couple of difficult files. They were methodical and thorough. I was pleasantly surprised at how efficient they were and how reasonable the end invoice was. I would highly recommend this compay to anyone.” – Kevin Braddell
“We have been using with Preferred Client Services for several years now. The service has always been excellent. Everything is completed correctly and on time. Barb and Adrienne have been wonderful to deal with.” – Garnet Munro
|PRODUCTS||Total Workforce Management, Payroll, Human Resources, Time Management, Workforce Analysis, Absence Management, Mobile Employee Self Service, Small Business, Franchise, Corporate|
|ADDRESS||216-21 10405 Jasper Ave, Edmonton, AB T5J 3S2|
|CONTACT DETAILS||Phone: 1-866-729-9679|
|OPERATING HOURS||Mondays to Fridays: 6:30 AM to 7:00 PM|
If you want a more streamlined approach to your payroll, Payworks offers one of the best payroll services in Edmonton. In fact, they are recognized for their total workforce management solutions.
One of the things to know about Payworks is that they have a feature-rich payroll module that uses cloud-based data. Since their payroll service is complete, you won’t have to worry about doing anything else.
Some of the services that come with their payroll solutions include absence management, employee time management, and human resources. They also offer direct deposit or cheque distribution for payroll release.
What we really like about their website is that they offer an instant payroll quote option where you just input the number of employees you have, payroll frequency, and your province. After that, you will get a quote on how much their service will cost per pay period.
There is also an option to add more options so you know how much their service will cost you.
This is what people had to say about Payworks:
“The Payworks system is great! I migrated our company to Payworks from ADP and I have never looked back. It is a very easy-to-use system and I receive excellent support from my rep Larissa Best. I highly recommend Payworks!” – Jackie Schoenberger
“Payworks Edmonton – we just made the switch from ADP who was a nightmare to deal with!! So happy we made the change. I researched over 10 Canadian companies, my contact Mark reached out to me and showed me a demo first before any information was exchanged, this sold me on the services. It is so easy, quick and no hidden charges behind the scenes – you see clearly what is being charged and when – no surprises! The reports are super easy to download as we are a paper-free environment in our office – you even get a discount for being paper-free!! We also have 3 divisions within our company all with different banking account information – but we were only charged a one time setup fee for all 3 companies saving HUGE amounts compared to ADP Team Pay. I have a direct contact – not a call center – to call when/if I have any problems with a great response time back to me. I have processed two payruns now with no issues, added 7 new employees with no issues and we LOVE PAYWORKS!! This should be a no-brainer decision if you are looking for a Canadian based payroll service. HIghly recommend, and have told others to try it out since. Thank you Mark, it has been a good choice. :)” – Victoria Ewing
3. Payroll Cost Saving Service LTD
|PRODUCTS||Complete Full Cycle Payroll, Complete Source Deductions, Paystubs, Processes Benefits Invoices, Holiday Entitlement Tracking, Processes Expense Claims, Completes ROEs, Completes T4s, Payroll/HR Consulting, Types Termination Letters, Terminates Employees, Processes Contractor Invoices, Files Personal Taxes|
|ADDRESS||23-6220 172 St, Edmonton, AB T5T 3R4|
|CONTACT DETAILS||Phone: (780) 387-0622 |
Email: [email protected]
For almost three years, Payroll Cost Saving Services LTD. has been run and operated by Monique. When you first get in touch with her, you will be scheduled for a free consultation via the phone or an in-person appointment.
After her initial assessment, she will send you an email outlining the cost of the services you need and a quote. This quote will be available for three months so you have time to make a decision.
While she offers full-cycle payroll services, Monique has other services that are interesting to have. One of them is providing a pay stub to send to your staff.
Another service that we found really interesting is that she can write a termination letter for an employee you no longer wish to work with. But that’s not all—she can also do the termination or sit in on a termination.
We found this service really interesting since other payroll management companies don’t offer it.
So what do people think of Payroll Cost Saving Services LTD? Well, read these to find out:
“Monique is an extremely competent Payroll Manager. She has a variety of experience that can suit the needs of any company located in Canada or the US. I highly recommend using her for your company’s payroll needs.” – Jaren Molcak
“i highly recommend using Monique for your payroll services. She is diligent, accurate and finishes payroll in timely matter!” – Ivan Grgic
4. Bonstar Accounting Services
|PRODUCTS||Bookkeeping, Payroll, Do-It-Yourself Bookkeeping, Business Bootcamp, Implementation Specialist, Team Training, Restart Business Support Program, QBO Virtual Training, Business Mentoring|
|ADDRESS||7516 186 St NW, Edmonton, AB T5T 6A6|
|CONTACT DETAILS||Phone: (780) 244-4433|
|OPERATING HOURS||Mondays to Fridays: 8:45 AM to 5:00 PM|
Bonstar Accounting Services is a company owned by a husband and wife tandem that specializes in payroll management. They have one other employee and a couple of dogs they list as their in-house security and office manager (cute!).
They have three payroll packages available, which mainly differ in the number of employees available for payroll processing. But in order to know more about their pricing, you will have to give them a call.
You will then be scheduled for a 45-minute discovery call where you can discuss your payroll problems. After that, you will receive a quote on the service you require.
Our main concern about their payroll service is that it is only available for up to 20 employees. This means that they do not provide service to larger companies.
Other than that, there really isn’t much to say about their service. They offer pretty much the same payroll services as other companies do, including direct deposit setup and T4 summary preparation.
This is what people had to say about Bonstar Accounting Services:
“Bonnie is awesome and has a wonderful team working for her. Bonstar knows proper accounting operations well and how to run clean books and tight payroll. Strongly recommended.” – Shawn Andrews
“I purchased my Chiropractic clinic in January of 2017 and though I knew how to fix patient’s injuries, I had no clue on running bookkeeping for a business. Bonnie came to my rescue and was able to take all of the information that I had compiled in my first few months and put it into Quikbooks in a way that I could make sense of. She has been fantastic at helping me figure out how to do payroll, source deductions, expenses, etc. I would highly recommend Bonnie as she has made my life a lot easier, and has let me concentrate on what I do best, which is Chiropractic care, not bookkeeping.” – Lannie Jamieson
“Bonnie provides a professional level of dependable and accurate service in caring for the bookkeeping and payroll needs at our Church. She is adaptable in dealing with unique situations or financial reporting requirements, delivering what we need in a timely and complete fashion.” – Ray Baillie
5. Success Accounting Services
|PRODUCTS||Business Set-Up, Bookkeeping, Payroll, GST Return, Financial Statements, Evaluation, Tax Consultations, Personal Income Tax Return, Cryptocurrency Tax Return, Rental Property Tax Return, Self Employed Tax Return, Corporate Tax Return, CRA Compliance and Audit Support|
|ADDRESS||17507-91 St NW, Edmonton, AB T5X 2M3|
|CONTACT DETAILS||Phone: (780) 680-7886 |
Email: info[email protected]
|OPERATING HOURS||Mondays to Saturdays: 9:00 AM to 9:00 PM |
Sundays: 12:00 PM to 9:00 PM
Success Accounting Services is a company owned by Certified Public Accountant, Hussein Darwish. The company was established in March 2015 with its main services such as bookkeeping, business set-up, payroll, tax consultation, and many others.
For their payroll services, Success Accounting Services makes use of updated professional payroll software to help manage their clients’ payrolls. They also offer CRA remittance filing and year-end payroll and tax reporting depending on what their client needs.
We found it interesting that they offer cryptocurrency tax returns for their clients. This is something that’s pretty new and not offered by the other best payroll services in Edmonton yet.
We also like that they are open on Sundays and have daily extended hours to better accommodate the tight schedules of potential business owners. This makes up for the fact that they don’t post their rates on their website for convenience.
This is what you need to know about Success Accounting Sources, according to others who worked with them:
“If you’re looking for the best accountant in Edmonton, success accounting is the place to go. Hussein really does embody the name of success, he truly does want the best for his clients. He did an amazing job today helping us with our paperwork and also giving us amazing advice. You don’t only just get an accountant, you also get a friend, a mentor, a financial advisor and more. Thank you so much, may you continue to succeed. God bless you!” – Rahel
“Hussein’s guidance has been invaluable in processing the best possible tax return for me. He provided expert advice on the various credits available for a breadth of activities, such as renting and investments. I had him do my daughter’s and mine tax returns for 2020 (which was approved and assessed instantly – see screenshot) and then returned to him again to have my 2018 and 2019 tax returns reassessed. I couldn’t be happier with the level of professionalism, friendliness, and relief Hussein has provided me. In terms of accounting needs, he is the absolute best in Edmonton.” – Arun Lal
“I have been working with Hussein at Sastax for at least three years now. He provides excellent customer service and goes above and beyond for his clients. I always have many questions for him and he takes a lot of time to make sure I have all my questions answered. He responds quickly and is readily available when these questions come up. I recently opened a business and I look forward to having Hussein work with me to support my business accounting needs as well. Highly recommended!” – Kimberly Doerr
Benefits of Outsourcing Payroll Services
Outsourcing your company’s payroll can be advantageous to your company. Here are some of the benefits you can have when you decide to do this:
It can be time-consuming to keep your payroll processing inside your business. You will need to track your new hires and terminations, benefit deductions, garnishments, paid time off, and many other factors.
By hiring a payroll service provider, you can concentrate on your business and have these managed by someone who specializes in them. It also frees up your time.
Unless you have a large corporation with over 50 employees, hiring a payroll specialist can be an expensive decision. You have to keep paying the salary of an in-house payroll processor to keep things in order.
On the other hand, if you have a few employees, you do not need to have a payroll processor on a salary. You can save a lot of money when you outsource your payroll service needs since you do not need to pay for that person’s wages and benefits.
Making mistakes on your payroll can be costly. Since you aren’t exactly an expert in government tax regulations, you have to avoid making such errors.
Working with the best payroll services in Edmonton can help you avoid errors. That’s because they are aware of these things as well as any deadlines they need to adhere to.
When you work with a payroll service provider, you get protected against payroll fraud. This is because these companies usually work with the best data storage and protection systems.
You don’t have to keep a close eye on an in-house payroll provider anymore since you can trust that you are working with a credible company.
FAQs About Third-Party Payroll Service Providers
These are the best payroll services in Edmonton that you can get in touch with for your business needs. We hope that our guide helps you find the right company to work with as your company grows.
Feel free to send us a message if we missed other fantastic payroll services that should be on our list. We’d gladly check them out too.
Make sure you check out our list of the best bookkeeping services in Edmonton if you need a bookkeeper.