Electronic Payments and Employee Direct Deposits for QuickBooks

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Simple Direct Deposit software for your employees!

Easy:

TelPay makes it easy to pay your employees. Simply import the payroll information from QuickBooks, enter your employees' banking details and you are ready to transmit the net pay to your employees. TelPay for Business stores your employees' information for the future, so you only have to enter it once!

Low Cost:

TelPay for Business software enables you to pay your employees by direct deposit for as little as $5.00 per payroll file.

Flexible Funding Options

TelPay offers you flexibility when funding your payroll. Options include funding your payroll 2 days before payday (i.e. send the direct deposits to TelPay on Wednesday for a Friday payday).

Other Electronic Uses:

TelPay for Business also works between pay periods. Direct deposit your employee advances and expense reimbursements, and then record an electronic journal entry in your accounting software.

Source Deductions

TelPay for Business makes it simple and convenient to remit all of your CRA source deductions (as well as all other government remittances!) with your payroll for 15 cents – no more late payment fees! Alternatively, for 50 cents, TelPay will electronically deliver your CRA payments and related PD7A information on the date you specify, separate from your payroll remittance!

 

International Payments

Payments to employees outside Canada can be made using the bill payment or funds transfer capability of TelPay for Business. Payments can be converted and credited to bank accounts in most countries by our foreign exchange partners, Custom House or Payline FX.

Payments by international employers to their Canadian employees can be made by importing a direct deposit file from most Canadian payroll software packages. Government deductions can be remitted at the same time or separately. Funds are credited to employees the evening after they are received by TelPay Trust account.

Pay Bills Too!

Many people are already paying their personal bills online. With your TelPay for Business software, your business will now be able to pay all of your suppliers, contractors, consultants and government remittances with just a few clicks of your mouse!

Imagine no more cheques or time consuming administration, just an easy click of a button and all of your bills and employees are paid!

To calculate the savings TelPay can provide to your company use our Savings Calculator.

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