Calculate gross wages for each pay period
Calculate federal, state,
and local taxes
Write your company's payroll
checks with earnings, deductions, and year-to-date detail provided on the
voucher (if you use voucher checks), or on a separate pay stub and can be
printed for your employees
Pay employees on a daily,
weekly, biweekly, semimonthly, monthly, quarterly, or yearly basis
Handle all kinds of
compensation: salary, hourly (including overtime), commission, or a
combination
Track sick and vacation time
Allow you to specify hours
worked for 'each job (and class) to allocate payroll expenses by job (and
class)
Allow your employees to specify extra
taxes or deductions in addition to the standard ones, and apply them
immediately.
Track company loan
repayments, 401(k) deductions, tips, union dues, bonuses, car expenses, and
many other nonstandard payroll items
Observe deduction ceilings
for taxes and other deductions
Track your company's
liabilities to the government, insurance companies, and so on.
Write checks to pay off your
company's payroll liabilities and make deposits to your Federal Reserve bank
of these liabilities.
Record employee details such
as pay and commission rates, social security number, tax exemptions
Prepare, print and mail Forms W-2 and W-3
at the appropriate time to your employees and to the Social Security
Administration.
Calculate, prepare, print
and file your
940 and 941 forms of employers' taxes to the Internal Revenue Service..
Calculate and track hours
worked, keep year-to-date totals for all employees, and shows this
information on payroll reports
Also prepare, print, and mail
Form 1099-MISC to your contractors at the appropriate season. This is not a payroll
form, it is for vendors who
receive non-employee compensation. This service is included only for those
vendors for which we have been tracking payment along with payroll services
throughout the year.
Services are subscribed to (contract required) and charged on
a per-payroll-check basis, and payable each month. Other up front charges
involved are any cost for unique supplies requested by you, the employer, such
as: rubber endorsement and signature stamps. The telephone fax machine is
utilized for the transmitting of the entry of payroll. Weekly delivery service
is included for payroll reports, paychecks, and billing. Postage is included for
the mailing of all tax returns and filings.
Record backups are multiple and kept in a fireproof locked
safe. The proprietor is provided with regular paper reports. All records are
held in the strictest of confidentiality! |