Funds Summary

The Funds Summary indicates the total payment due to Dayforce for the payroll and services. If applicable, it may also include certain Trust reports, such as the Stop Payment Confirmation Report and Electronic Funds Transfer (ETF) Rejection Report, included in this example.

Indicates the total of:

  • Deposits: Deposits to employee accounts (also referred to as EFTs or direct deposits)

  • Cheques: Net amount of cheques issued, including any third- party payments made on your behalf

  • Remittances: Total amount of government remittances made on your behalf

  • Service Charges: Total of all service fees (For details see Details of Service Fees)

Total payment due to Dayforce.

Stop Payment Confirmation Report. See Interactive Voice Response (IVR) Service for stop payment process for information on the Stop Payment

Electronic Funds Transfer (EFT ) Reject Report.

Important notices relating to payroll and product developments are printed on the right-hand side of the page.

Details of Service Fees

The details of the items that make up the service charges are included in this report. For example:

Basic run charge

The number of payments issued and per payment charge.

Payroll service fee (before tax).

GST and (if applicable) provincial sales tax payable.

Service fee.