The Ultimate Small Business Payroll Tool — No Monthly Fees Required
Running payroll for the first time? No accountant? No problem.
This all-in-one Excel payroll tracker is the perfect solution for Canadian small business owners who need a simple, affordable, and reliable way to pay employees and stay compliant.
 
✅ What This Template Does:
Calculates gross pay, vacation pay, overtime, bonuses, and allowances
Automatically deducts CPP, EI, and income tax using built-in formulas
Tracks employer contributions and employee benefit deductions
Summarizes all data needed for T4s and Records of Employment (ROEs)
Keeps a monthly and year-to-date record of all pay data and source deductions
Tracks vacation earned, used, and balance each pay period
Calculates CRA payroll remittances and shows total due per period & YTD
 
 
What’s Included:
📊 12 Monthly Tabs – Track payroll for the entire year
👥 Supports up to 7 employees
🎯 Current Pay Period + Year-to-Date Summary
📄 T4 Summary & ROE Support
🧮 Fully automated cells (just enter pay details — we do the math)
✅ Grey-out formula cells to prevent errors
💡 Easy-to-follow layout — beginner-friendly, no accountant required
 
🎯 Perfect For:
First-time employers & startup founders
Canadian small business owners
Consultants & independent contractors with staff
Non-profits and family-run businesses
 
📌 Why You’ll Love It:
One-time purchase — no subscriptions
Compliant with Canadian payroll standards
Confidence in your CRA remittances
Get organized for tax time — and termination payouts
Designed with YOU in mind — a business owner who just wants to get it right.