Save Time, Money and Energy with Payroll Services
Payroll is an integral part of any business operation, and ensuring an accurate, timely and efficient process is a priority for any business owner. The last thing anyone wants are upset employees because checks are late or incorrect, or to be facing fines or penalties from the IRS because taxes were calculated incorrectly.
While payroll processing is important, it doesn’t necessarily advance the mission and move a business toward its overall goals. For example, if business owners and leaders get bogged down in payroll processing instead of focusing on strategic planning or training their team members, key opportunities can be missed and the business can struggle to move forward.
Our company is happy to provide several business administration services to businesses in Livermore, Dublin and all across the Bay Area. We offer payroll processing, human resources assistance, workers comp insurance, background checks and much more, all with the goal of taking on the administrative tasks for your company and freeing you up to focus on producing a great product or service and moving your business toward your overall goals.
In this article, we will answer a few common questions regarding our payroll processing services, specifically as they relate to accounting firms. Hopefully these answers will give you a better idea of the service we offer and help you determine if it would be a helpful addition for your company.
What are Payroll Processing Services?
Payroll processing involves the entire employee payment process, from time and attendance taking to calculating check amounts, withholding appropriate taxes, cutting checks or direct deposits, paying corporate taxes and more. When you partner with our company, we take care of everything listed here to allow you to focus on better serving your firm’s clients and providing stellar accounting services.
How Does a Company Benefit From Payroll Processing?
When you contract out payroll services, you can experience many benefits, some of which are obvious and others are more nuanced. An obvious benefit is releasing the burden of payroll processing from your team, freeing up time and resources to allocate elsewhere. In addition, using a payroll service provider decreases the chance of fraud, ensures compliance with state and national tax laws and ensures employee satisfaction through timely and accurate paycheck delivery.
What Is Needed To Begin Payroll Processing?
There are several items needed to begin using payroll processing services, including but not limited to:
- Your company’s employee ID number (EIN) and any appropriate state and local tax identifiers
- An employee roster along with their tax forms (W-4, W-4 and I-9)
- Company payroll and tax bank account information
- Your desired payroll schedule and your payroll policy, which should cover vacation days, sick time, bonus structures and payroll deductions.
Our team will be there to walk you through the onboarding process. Using our years of expertise, state of the art payroll processing software and knowledge of the local and national tax laws, we will be sure to make the process go as smoothly as possible. We understand the unique needs of accounting firms, and we are here to help.
Ready to get started? Give us a call today for more information about our payroll processing services and/or to learn more about our entire catalog of helpful business administration services.
