Accurate and timely reports available with payroll details
There are many components of a payroll operation, and tracking payroll expenses and a company’s tax liability is an important part of understanding its overall liabilities, since payroll is likely one of the largest expenses a company has.
When outsourcing payroll to a third party provider, it’s still important to business owners to have their payroll data at their fingertips. Having access to payroll data allows for budgeting, personnel decisions and future planning.
Our company is proud to partner with businesses of all industries and sizes in the East Bay Area, including San Ramon, Livermore and the surrounding areas. Our goal is to handle the tedious but necessary administrative tasks which accompany business ownership so the people running the business can focus on reaching their goals.
One of our most popular services offered is payroll management, and our team has the expertise, software and local knowledge to manage any business’s payroll effectively.
A large feature of our payroll service is payroll reporting. We offer many different reports which are easily accessible for any of our clients, and have even created custom reports which display key information for certain clients.
We offer several reports for any of our clients. Some are very detailed and can give specific information on just one employee, others are more broad and can help give insight into the company’s payroll as a whole. Our clients love the ability to have advanced and accurate data at their fingertips when they’re making hiring decisions or planning for the future.
Payroll reports vary, but they usually include data which covers the following areas: net and gross pay, tax withholdings, employee demographic and personal information, retirement account balances, logs of paid time off and other pertinent categories.
In addition to providing great information regarding payroll expenditures, payroll reporting is crucial when tax time comes.
Many companies have to file quarterly and/or annual returns with local, state or federal agencies, and with accurate and readily-available payroll reports, the information on these returns can be double checked for accuracy to ensure compliance with revenue services.
For employees, payroll reporting is also what produces their tax paperwork, like W-2’s, and our clients who use our payroll services simply rely on us to process and deliver employee tax information. This not only removes the burden from the business owner, it offers a layer of liability in the case there is an error.
Payroll reporting is available via our services to employees and business owners through our secure and easy to use online portal. If employees need to check pay stubs, view tax documents or even update their personal information, they can do it quickly online. Owners can also pull reports at any time, and if they have a need for a specific report to be built out to fit their needs our team can likely create exactly what they’re looking for.
If your company could benefit from professional, affordable and local payroll processing services, we would be happy to help. If you have further questions or would like to set up a consultation, please give us a call or stop by today.
