PayDirt Payroll

PayDirt Payroll is a payroll software designed by QLab Systems Ltd. to simplify the payroll process for Canadian companies. According to the vendor, this software offers features that can streamline payroll calculations, automate reporting, and integrate with accounting systems. PayDirt Payroll is targeted at small to medium-sized businesses in Canada and is suitable for a range of professions and industries, including small business owners, HR managers, accounting professionals, non-profit organizations, and First Nations communities.

Key Features

Simplify: According to the vendor, PayDirt Payroll allows users to design their company's paycodes and formulas for automatic built-in calculations. Users can import time worked from timesheets or time clocks to eliminate double entry. PayDirt can also prepare all the required Record of Employment (ROE) information and upload the ROEs online.

Preview Results: The vendor states that users can calculate any employee's pay to check and verify changes without processing the entire payrun. PayDirt allows users to preview individual journal entries to check accounting output before posting. Users can also preview employee pay slips to check results from the employee's perspective.

Accounting: PayDirt Payroll enables users to customize the accounting for every employee to properly track expenses and liabilities, according to the vendor. The software offers a unique "Distribute" feature to automatically break down expenses by department. Users can send payroll accounting to major accounting systems to eliminate double entry of journal entries.

Email: According to the vendor, PayDirt's built-in EFT direct deposit feature allows users to deposit staff's paycheques using their own bank or a third-party service. Users can also email employees' paystubs to eliminate printing and handling. PayDirt offers password protection for emails to enhance security.

Reporting: PayDirt provides built-in reports for government remittances and workers' compensation reporting, according to the vendor. Users can create custom reports within PayDirt Payroll to report on all aspects of payroll expenses. The software allows users to save and reuse the reports they create.

Accounting Integration: PayDirt Payroll can integrate with various accounting programs, including Adagio Accounting, Microsoft Dynamics NAV, Sage ACCPAC ERP, QuickBooks, and more, according to the vendor. The integration ensures valid, correctly-balanced transactions are exported to the accounting system. PayDirt exports fully departmentalized transactions, making general ledger adjustments unnecessary.