Our Web-Based Business Solutions
Payroll Modules
By integrating an online timesheet system with digital payroll, you are saving you and your staff a great deal of time: no more stacks of timesheets, no more messy spreadsheets, and no more messy filing. A digital payroll system is a simple way to clean up all your payroll data and keep it organized in one spot and makes report generation a lot quicker.
Calculating time and wages: A payroll system calculates the amount you owe your employees based on things like time worked, hourly wages or salaries, whether they took vacation or holiday time during the pay period, or whether they needed a sick day in that time. The system adjusts gross pay by calculating and subtracting taxes and other withholding amounts.
Choose from paper checks or automatic deposit: the system provides you and your staff the choice between paper payments and digital deposits. A digital payroll system also makes printing a summary or paystub a quick and simple process, essentially making this information and these reports available on-demand (in case duplicates are needed, or an employee loses this information for example).
Taxes and Withholding: An automated or digital payroll system offers huge advantages come tax time by helping you process this information while complying with tax laws and obligations. One feature which helps with this is a payroll tax calculator which helps you determine exactly how much you owe different levels of government in tax dollars. A second is an automatic payment system which enables you to calculate how much you owe and send it directly to the proper authorities. It also processes other payroll deductions such as wage garnishments and voluntary deductions.
Reporting: Payroll reports can help a business manage one of its highest expenses: labour. A payroll system can generate a multitude of reports for both your hourly and salaried employees, and with a variety of reporting templates available, managers can quickly access information like: what their payroll costs add up to for any given period; number of staff of shifts; vacation/leave balances; and, employee earnings.
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