Payroll Software

Outsourcing payroll software solution

Payroll software is a system that automates and streamlines the process of paying a company’s employees. It may sound straightforward, but the payroll process includes a lot of tasks such as calculating deductions and withholdings, producing pay slips and tax forms (and other reports), processing or depositing payment directly to employee’s bank account, voiding payments if need be, and even printing checks. Payroll software simplifies and automates the aforementioned tasks to shorten cycle times and reduce manual errors.

Some Main Features of HR & payroll Software:

1. Employees Detail Profile Module.
2. Employee Performance Evaluation Module
3. Employee Training Module.
4. Employee Termination and Pension Module.
5. Employee Recruitment Process Module.
6. Manage Employee Information Efficiently.
7. Employee Career detail, Personal Detail, Documents, Academic Information etc.
8. Define the Banking info, deductions, leave, tax, Provident fund etc.
9. Create individual or group Salary Structure and Allowances .
10. Generate Pay-Slip at the convenience of a mouse click.
11. Generate all the Reports related to Branch, Department, employee, attendance/leave, and payroll, Bonus etc.

 

Managed a Payroll Service

Managing payroll yourself can initially seem a cost-effective method, but you do need to ask yourself, do you have a really good working knowledge of the tax system and all the statutory payments imposed by legislation and awards and how to pay 3^rd parties? You may need to factor in the below:

• Annual leave and sick leave accruals
• LSL leave accruals
• Individual Superannuation Contributions
• Maternity and Paternity pay
• Special allowances
• Fringe Benefits tax
• Living away from home allowances

• Salary sacrificed amounts (i.e. novated leases)
• Child support payments
• Donations
• Union fees/Social club fees
• Health insurance
• Gym memberships

The compliance landscape is forever changing, it’s becoming increasingly difficult for you to manage your compliance obligations. Your time is far better spent growing your business than managing payroll.

Employing a payroll clerk, even part-time, is expensive and of course, you still need to cover holidays and any sickness absence.

Deducting incorrect amounts can lead to Fair Work claims and could send the ATO knocking on your door!

The simple solution is to hand over the whole process to HR Dept Payroll. For a low cost fixed monthly fee, all your statutory obligations are taken care of by our payroll professionals.

Payroll Service Reviews

Best Online Payroll Service

Online payroll services offer an easy-to-use solution for all of your business’s payroll and payroll tax needs. However, with so many services to choose from, finding the one that’s best for your company can be difficult.

There are a lot of factors to consider when choosing a payroll service. The best companies offer all the services and tools you need, fit your budget, and provide a high level of customer support. To help you narrow down your options, we’ve researched and assessed the top providers on the market.

We recommend Intuit, Gusto, OnPay, ADP and Paychex as our best picks. You can read more about each, and the types of organizations we think they are best for, below. If none of our recommendations work for you, scroll down to see more reviews and a list of other online payroll services.

payroll Small Businesses

If you own or run a business that has employees and you have been doing your payroll yourself, then it might be time to consider finding a payroll processing company. The good news is that locating the best payroll service for your small business should not be complicated because what these companies do is fairly simple

For example, a number of years ago, I ran a regional payroll processing company outside of New York and was surprised at just how complicated the set-up process could be for many of our clients, most of whom were small businesses with just a few employees.

Some employees were paid by the hour while others were salaried employees. Yet, while most of our clients were “small” we still had to be extra-cautious (as do you) because mistakes can be costly. Indeed, no matter what the situation, any mistakes in paying employees, or benefit providers, or taxing authorities, courts, etc. can have a very negative impact on your business.

So the bottom line is that no matter the size of your business, picking the right payroll service is critical because it needs to be done right, the first time and every time.

Best Payroll Software

If your business has recently started hiring employees, you may have been faced with a creeping worry: Am I doing this right?

Sure, you may be tallying up employee hours and cutting checks with the right amounts, but are you certain you’re calculating payroll taxes correctly? Are you in compliance with state and federal employment regulations?

Getting this stuff wrong can be more than a hassle—it can result in penalties or lawsuits. But you’re a small-business owner on a budget. You probably can’t afford the $36,000 or more to pay a full-time bookkeeper, let alone a whole team of accountants.

Fortunately, there are several payroll software and service providers that can help you do the work at a fraction of the traditional bookkeeping cost.

In this post, we review 10 leading providers of small-business payroll services.

Self-service payroll provides only the basic functions: paying employees and calculating taxes. Full-service plans take on more complex tasks, like automatic tax filing and payments, but still require some significant user input. Outsourced providers fully take on your payroll needs and usually offer one-on-one guidance and support.

2018 best payroll software and services

1. Better Accounting
2. Square
3. Intuit Payroll
4. Xero
5. Gusto
6. Kashflow
7. Sage
8. Heartland
9. Paychex
10. Wave

Get more payroll service

 

Payroll Small Business Service

Online Business Service Payroll

A good small business payroll service should automatically calculate how much pay each employee earns during every pay period, then process those payments and calculate taxes and reports to help you keep your financial records in order.

There are thousands of payroll services, and choosing the right one for your company can be difficult. But one thing is clear: Even if you have just a handful of employees, it’s better to use a payroll solution than to try to do things yourself. The price for messing up is often much higher than the price of your payroll provider, so this is one situation where a small upfront investment can save you money and time down the line.

While every business is different, and you need to pick the right solution for your particular needs, there are a few factors to keep an eye out for when shopping around for the best payroll service for your business.

Payroll Services

Payroll Small Business Services

We know that payroll is a small business but it is a global service provider

For over 13 years we have been committed to providing an unrivaled service, delivering the latest solutions, and expanding our capabilities through on-going research and development.

As a result, we can offer you HR software and payroll management solutions that can adapt to a changing future and a high level of customer service that makes working with us a pleasure.

We have developed our own advanced HR software which is web-based and available to customers 24/7 from anywhere in the world.

A global presence demands a payroll service that understands procedures and regulations in every country. That’s why we’ve built a network of local payroll partners in 52 countries – bringing the same Thompson Limited standards to a world of differing payroll requirements.

Each partner has a detailed knowledge of local regulations and employment tax rules. With a single contract, you can access and centrally co-ordinate them all.

Get A Best Payroll Services

Thanks for joining me!

“Thompson PTY LTD Get a Best payroll Service”

 

For over 13 years we have been committed to providing an unrivaled service, delivering the latest solutions, and expanding our capabilities through on-going research and development.

As a result, we can offer you HR software and payroll management solutions that can adapt to a changing future and a high level of customer service that makes working with us a pleasure.

We have developed our own advanced HR software which is web-based and available to customers 24/7 from anywhere in the world. To ensure your investment lasts well into the future we include upgrades to the software as part of the subscription cost. Our friendly, professional management team provides help desk support and all of our support staff are qualified by Chartered Institute of Payroll Professionals.