Payroll Check Software – 4 Ways to Avoid Disaster?
Payroll check software can save time and money and reduce stress when it’s time to get checks out. Picking the right software is the key to success long-term. You see there are several parts of the payroll process and you want a solution to all the parts. These are some considerations that will help you avoid wasted time and money when selecting software.
Does it fit what you do?
You may assume that any payroll software will fir t any company. Not so. What is a standard payroll problem for your company may not be standard at all. So make the best investment you can make when selecting software. Before you shop, decide what you need from software. That way you’re less likely to buy a product that you’ll find won’t do the job.
It’s more than just checks.
Owning payroll software to print checks is a plus. But there’s more, much more. To correctly calculate payroll, you must keep the tax tables in the programs current with any changes. That goes for federal returns as well as state returns. Otherwise, your payroll deductions may be wrong. How does this software stay current? You’ll have to do something to keep it current. Find out what that is and what’s it cost before you buy.
Returns and deposits.
Quarterly returns come due about every three months! ANd then right after that one, there’s another one and they just keep coming. Your software can help you prepare those returns and also the employee statements too. But will it print the forms on plain paper or is it special paper and where do you get and what does it cost? Ask the questions before you buy.
Accounting for payroll cost.
It’s easiest if your payroll software is perfectly compatible with your main accounting software. For example QuickBooks payroll module works perfectly with the QuickBooks payroll module. In any case make sure the payroll software works with the other accounting software. If not you may be forced to enter a lot of data twice. That’s not much saving and a good chance for more errors too.
Payroll check software can save you time, money and aggravation. Plan ahead and get a solution that fits the way you do business and the way your accounting system works. Software that doesn’t fit your system is a quick dead end trip. Get the wrong program and you’ll waste time and money instead of saving.