About Financials and Payroll

Within MyAccount under the Financials tab, you will find information on employer rates, policy financials (including payments due and history of payments made) and payroll information. 

You can submit your payroll information directly to WCB by following these steps:

1. Log into MyAccount and select the policy you are submitting payroll for
2. Choose the Financials tab
3. Choose Payroll Submission under the menu on the left
4. Choose the year and period you are submitting for. Select Submit.
5. Enter the payroll in the Total Assessable Payroll field and select Calculate Premium
6. The amount of your premium will display below
7. Choose Submit (or Submit and Make Another Submission if you are reporting for more than one policy)
8. Select Pay My Balance and you will be taken to CRA’s MyPayment page where you can pay your premium by Visa Debit or Debit Mastercard

If you need to adjust a previously submitted/estimated payroll or view your transaction history, follow these steps:

1. Select Financials Tab
2. Under Transaction History, Select Payroll Submissions
3. Select the edit icon to the right of the period you want to adjust
4. Enter the new payroll amount
5. Select Calculate Premium and Submit

To learn more about reporting payroll, watch this video.

Missing payroll

To see if you are missing periods of payroll reporting, follow these steps:  

1. Choose the Financials tab, and click on Payroll Submission
2. Click the drop down menu next to the Period field, and any payroll periods you are missing will be displayed 

Estimated payroll

To view which periods of payroll have been estimated, follow these steps:

1. Choose the Financials tab, and click on Payroll Summary on the left hand menu
2. Select the year you would like to view, noting only five entries will display per page, and you may have to scroll further
3. Under Payroll Type, you will see if the payroll period has been Estimated, or if it is Actual

You need to reconcile your statement of account for a particular policy, follow these steps:

1. Log into MyAccount and select the policy you would like to reconcile
2. Choose the Financials tab
3. Choose Account Balance Reconciliation under the menu on the left
4. Select the From and To dates you are interested in and click View Transactions
5. A PDF will open listing the applicable details you are looking for and will be saved under Forms & Letters for future access

If you are closing your business, either permanently or temporarily, you can submit a request for business discontinuation through WCB Account tab in MyAccount. An account manager will review the request and respond to you. 

Any Questions?

If you have any questions or need further assistance, contact us by secure message or by phone at 1-800-870-3331.