[Canada] Add a contractor or regular vendor

Wave does not currently support contractors located in Quebec, Canada.

In Wave, you can add regular vendors or T4A contractors. Learn more about the difference between an employee and an independent contractor.

Regular vendors are companies that provide goods and services to your business, while a T4A contractor is a company or individual that provides a service that requires a year-end Form T4A.

Wave does not generate slip T5018, Statement of Contract Payments. Learn more about slip T5018 in this CRA resource.

Add a contractor or regular vendor

Add bank details to pay a contractor with direct deposit

Add a contractor or regular vendor

You can only add contractors on the web version of Wave.

To add a contractor or regular vendor:

1. On the left-side menu, click Purchases > Vendors.
2. Click Add a vendor.
3. Enter the contractor's name.
4. Select the vendor type: Regular or T4A.
5. Fill out the contractor's information. To add a contractor’s account number, phone, fax, mobile or toll-free number, or website, click Enter additional information (optional).
6. Click Save to return to the Vendors page.

Add bank details to pay a contractor with direct deposit

With an active payroll subscription, you can pay your contractors using Wave’s direct deposit feature. Regular vendors cannot be paid using direct deposit.

To add a contractor's direct deposit bank details:

1. Open the Vendors page.
2. Next to the contractor's name, click Add bank details.
3. Enter their banking details.
4. Select the bank account type.
5. Click Save.