Knit Sundry fees

Effective January 19th, 2022

Payment Solutions

Item

Rate

Billing Event

Expedite payroll

$25

per payroll expedite

EFT rejected by the bank

$25

per employee payment

Pre-funding payroll by wire transfer

$17.50

per transfer

Payment tracing (EFT/Cheque)

$50

per payment

Stop payment

$35

per payment

Payment reversal

$35

per payment

Non-sufficient funds (NSF)

$100

per NSF

Collection costs for NSF returns (under $50,000)

*3 days grace period

$100 minimum + 29.99%/annum interest

per collection for NSF return

Collection costs for NSF returns (over $50,000)

*3 days grace period

$250 minimum + 29.99%/annum interest

per collection for NSF return

Managed Services

Item

Rate

T4/T4A review and reconciliation of record. Preparation of working paper and filing

$250 + $5/employee

T4 amendments, correction and filing

$250 + $5/employee

Pensionable and Insurable Earnings Review (PIER) investigation and response

$250

CRA payroll audit

$100/hour

Misc. hands-on support

$100/hour

Late funding fee (under $50,000)

$100

Late funding fee (over $50,000)

$200

Record Adjustments

Item

Rate

Billing Event

Payroll record adjustment

$150

Per payroll



 

 


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