We tell them – at times to their surprise – is that the possibilities are endless. Not only can you provide secure payments to your suppliers, but to your basic business service providers as well. Company credit cards, phone, electricity, internet providers… they are all within your sphere of payments through Telpay; and the more you do with us, the more you save!
The holidays are almost here, and we want to help ensure you have a problem-free festive season. After all, this season is for appreciating and reuniting with loved ones, not worrying about payment deadlines. It’s especially not the time to be muddled by many holidays interfering with your payment schedule.
Avoid any last-minute stress by planning your payroll and payable payments in advance. This is a perfect opportunity to remind you that Telpay will be closed on December 26 and 27, and as such will not be processing payments or accepting funding for payroll and/or payables. We have our handy Holiday Funding Schedule for you, complete with
required lead times for both payroll and payables.
We also want to thank you for your continued support and look forward to working with you again in the new year. As our gift to you, we have put together a holiday playlist, comprised of the Top 10 festive songs as selected by our staff. (Feel free to use this at your holiday party – we don’t mind!)
Telpay is once again a proud sponsor of the Accounting Technology Seminar series. For over 24 years, the Accounting Technology series has helped thousands of professional advisors navigate the latest and greatest available technologies in the accounting and bookkeeping industry.
The tour will be traveling across Canada from October 4 to October 27 in all major cities. Get inspired, network with peers, and meet industry leaders. In addition, certified accountants and bookkeepers will earn eight professional develop credits.
Register Early and Win!
Register before September 1, 2016, and you will be entered for a chance to win an iPad. Many cities sell out quickly so reserve your spot now!
The Telpay team is excited to announce the release of the latest version of Telpay for Businesses software. The update includes the following enhanced features:
Import your payables from any .txt. or .csv file exported from your accounting software. The built-in tool allows you to import and map the data to specific Telpay requirements.
International Payments Module
We’ve improved the connection stability with our International Payment partner, Payline by ICE.
Next Business Day Payroll
The software now enables you to make next business day payroll deposits. Using this payroll funding option will result in payroll funds being deposited and received by your employees later in the day.
Happy Holidays from Telpay!
At Telpay, we do not process payments on statutory holidays. We refer to these holidays as non-processing days.
Due to the nature of our service, we rely on banks and credit unions to move money. When the banks close for the holidays, Telpay cannot process any payments. If your payment is on or around a holiday (non-processing day), you will need to add a day(s) to your funding timeline or adjust your payment deposit date.
When are the upcoming non-processing days?
- Christmas Day – Friday, December 25, 2015
- Boxing Day – Saturday, December 26, 2015 *observed on Monday, December 28, 2015
- New Years – Friday, January 1, 2016
- Provincial Holiday – Monday, February 15 , 2016 *observed in Manitoba, Alberta, Saskatchewan, Ontario, Nova Scotia and PEI
- Good Friday – Friday, March 25, 2016
- Victoria Day – Monday, May 23 , 2016
- Canada Day – Friday, July 1, 2016
- Civic Holiday – Monday, August 1, 2016
- Labour Day – Monday, September 5, 2016
- Thanksgiving – Monday, October 10, 2016
- Remembrance Day – Friday, November 11, 2016
What if I want to make a payment on a statutory holiday?
Since banks are closed on statutory holidays, Telpay cannot process any payments you submit on non-processing days. Adjust your payment date(s) to accommodate non-processing days.
How do non-processing days affect my funding?
Non-processing days are also non-funding days. Non-processing days are not included in the total lead time for payment funding. You will need to adjust the number of lead time days to fund your payables and payroll on time.
Does Telpay send out holiday reminders?
We do our best to give customers advanced notice of upcoming non-processing days. We send our customers non-processing day reminders by email, monthly newsletters, Telpay’s social media channels and the important dates are listed online at support.telpay.ca.
Plan ahead for the holidays!
The holiday season is right around the corner! During the holidays, Telpay will not process or accept funding for any payments on December 25, December 28 and January 1. Start planning now for your payroll and/or payables with our handy Funding Timeline Schedule.
Plan your payments ahead so that you can focus on what matters most this holiday season.
Happy Father’s Day to all the Dads out there!
Guest Blogger: Neal Winokur is a Chartered Professional Accountant (CPA, CA) who runs his own accounting firm focusing on providing tax and advisory services for small business owners. He helps his clients transition to online cloud accounting software for their bookkeeping to make them more organized and more efficient. For more information visit www.winokur.ca.
Here are some tips to consider for this tax season:
Scan Your Tax Documents
Please do not harm our precious environment by wasting paper by printing out your tax documents and then polluting our environment by driving to your accountant to drop off your paper documents in person.
By scanning and e-mailing your tax documents or placing them in a dropbox folder, you are saving time, money, and helping the environment. I run a fully technologically advanced paperless office, streamlining the tax filing process. If you do not have a scanner, you can take pictures of your documents with your phone and text or e-mail them. Alternatively, there is an app called “Genius Scan” you can download for free from the App Store which allows you to scan documents from your phone: https://itunes.apple.com/ca/app/genius-scan-pdf-scanner/id377672876?mt=8
Online Mail from CRA
If you are tired of receiving countless letters from the CRA in the mail, you can now have the CRA “e-mail” you these letters instead. Please visit: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/mngnlnml-eng.html for more information.
Prior Year Tax Returns
Tax returns for 2011 and before must be paper filed by mailing the tax returns to the CRA. Tax returns for 2012 and 2013 (and 2014) can be e-filed.
Telpay is pleased to support The Winnipeg Chamber of Commerce’s monthly Chapter networking luncheons. We are proud to be the premier sponsor of their West Chapter. These meetings are a fantastic way for businesses to connect with their peers over lunch to generate leads, hear from speakers and tackle issue affecting local businesses.
The inaugural meeting took place on January 20 at the Viscount Gort in Winnipeg. It was a success with over 50 people in attendance from Chamber members to politicians and guests. In addition to networking, the guest speakers were Lisa Shaw, Public Relations Telpay and Dave Angus, President of the Winnipeg Chamber of Commerce. Lisa Shaw stated, “it was great to meet so many outstanding business people and we are thrilled to be a sponsor.”
— Northern Sparrow (@North_Sparrow) January 20, 2015
Telpay is all about supporting our local business community and we value the entrepreneur spirit. The Chamber West Chapter meetings happen the third Tuesday of every month. For more information, visist see http://www.winnipeg-chamber.com/Chamber_Events
— Art Alexander (@artalexander) January 20, 2015
We are currently in search of a Compliance Officer to join our Trust Operations department. Reporting to the Vice President, Trust Operations, Telpay’s Compliance Officer is primarily accountable for the development, review, maintenance and monitoring of Telpay’s risk management practices. You will also provide necessary guidance and advice to all staff, including senior management on matters involving risk management operational practices.
To learn more about this career posting, please view our Careers.
Telpay is proud to be a part of the upcoming Accounting Practitioner’s Symposium that is being held in various cities across Canada during the week of Nov. 17 to 21st.
The Accounting Practitioners Symposium is an information resource for Accounting Professionals to examine and bring together different technology to create a simplified and streamlined office process to help grow your business.
Here we grow!
We are looking for an outstanding individual to support our Biller Services team. If you are a well organized, self-starter who values creating a positive first impression for internal and external customers, loves to work in a fast pace environment, and possesses strong oral and written communication skills, this job may be for you.
View full job description here. Submit resumes by Thursday, October 30.