Understanding how to choose payroll software starts with assessing your business’s payroll needs. You’ll then evaluate each payroll software program’s features, costs, and limitations. However, the dozens of high-profile payroll software options on the market will make it challenging to choose th...
Payroll processing is the process it takes to deliver a final paycheque. The thing with payroll processing is that there’s more than one way to go about it. With different methods and software available, it can be overwhelming to make the right choice. Luckily we’ve created a complete gu...
Managing payroll manually can take up a lot of time and resources. To simplify the process, many companies rely on software like Tally or ADP or even outsource payroll to external service providers. However, some businesses prefer to manage payroll on their own because it gives them complete co...
Setting up payroll is one of the most important tasks employers have on their plate. Payroll is how you make sure your employees get paid—accurately and on time—which directly impacts their satisfaction and your company's overall performance. For small businesses, handling payroll internally can ...
As you add more employees, the more challenging payroll becomes and any mistakes you make can result in costly tax penalties. Payroll’s impact on cash flow Even if you’re not paying someone else to do payroll for you, it’s still considered a business expense. This is because your ...
Choosing a payroll method As an employer, you have a couple of ways you can handle payroll. You can opt to do manual payroll calculations by hand. Or, you can usepayroll softwareto do the calculations for you. Doing manual calculations can be time-consuming and leave room for errors. You...
Doing your own payroll involves mostly paperwork, which can be handled either with forms or digitally using payroll software. For each pay period, you must fill out and file the correct forms. Otherwise, you may face legal exposure, litigation costs or have to pay late fees and penalties impo...
Payroll can be stressful, time-consuming, and tedious all at once. Learn how to set up and manage payroll at your store. Get started.
Hiring your first employee? Learn how to process payroll in eight simple steps, such as gathering time card information and beyond.
Making a mistake on your tax return isn't as big a deal as you might think. The IRS allows you to file an amended tax return to correct any errors you may have made, including missed tax deductions. If you made a mistake or missed something on your lates