RUN Powered by ADP Plans start at $79 per month (base) and $4 per person per month. Square PayrollPlans start at $35 per month (base) and $5 per person per month. OnPay Payroll Plans start at $40 per month (base) and $6 per person per month. Gusto PayrollPlans start at $40 per month (base) and $6 per person per month. A good rule of thumb is to check your work gross pay vs net pay at least two days before you run payroll.
For electronic records provided by payroll software, back up the files on a separate device or platform. Decrease your responsibilities and liabilities for your payroll and taxes by outsourcing those responsibilities actual home office expenses vs the simplified method to our experts. GMS will handle all the details, from filing the necessary paperwork to the ongoing maintenance of tax records.
Pay your team
An intuitive system of record with onboarding, self-service, eSignature, and more. We will help you transfer any existing payroll information to QuickBooks. Attract skilled applicants, retain your best employees, and help them grow with you.
Both federal and state governments have laws about retaining and storing payroll records, in case government agencies need to access that information. For active employees, you cannot dispose of time cards for two years, and any payroll information regarding paid wages for at least three years. There are also laws governing the disposal of payroll records after termination. A timekeeping system is a great way to manage your employees’ productivity and calculate their wages, especially if you’re the importance of hr compliance paying hourly rates.
Then, stay on top of your payroll by regularly updating records and tracking employee hours so that when it comes time to run payroll it can be a smooth, accurate process. GMS gives you and your employees the power to access payroll information and tax information anytime, anywhere there’s an internet connection. GMS Connect also features an employee portal optimized for mobile devices.
How QuickBooks Payroll works
QuickBooks Online Payroll works for small to midsize businesses—from accountants and financial experts to hospitality companies, construction companies, and truckers. Find everything you need from employee benefits to hiring and management tools. Small and midsize companies spend an average of $2,250 per employee per year to handle payroll. Download our guide on the five signs it’s time to outsource your payroll by clicking here.
Managed Payroll Services
Certified payroll specialists, certified public accountants and bookkeepers can help you with the most complex parts of the process. Even if you get outside help, though, you’ll still be responsible for reviewing and approving payroll and making sure the information you give to the provider is current and accurate. To establish a good system, determine which parts of the payroll process you want to manage in-house and which parts you want to outsource.
- By outsourcing the payroll process to us, you save both time and money.
- You first need to determine an employee’s gross pay or total earnings for the period before any deductions are made.
- For paper records, you can typically store them yourself or at a storage site.
- Implement our all-in-one modern HR technology coupled with our enhanced payroll service.
To schedule a demo, simply reach out to us, and we’ll arrange a convenient time for you to experience our Managed Payroll solution firsthand. Yes, our payroll management solution is indeed cost-effective for small businesses. By outsourcing the payroll process to us, you save both time and money. This allows your team to concentrate on strategic projects and business growth while ensuring accurate and compliant payroll processing. Some states have additional rules about how and where the records can be kept. For paper records, you can typically store them yourself or at a storage site.
Namely’s Managed Payroll is a proven service designed to reduce your workload, keep you compliant, and give you much-needed hours back in your day. Implement our all-in-one modern HR technology coupled with our enhanced payroll service. Don’t ever waste time again importing employee hours, entering payroll adjustments, verifying wages/employment, or managing system configurations. Track hours and process payroll easily and efficiently with Namely’s integrated payroll solution.
