Discover the benefits of payroll software from QuickBooks
Human resources is one of the most important assets in any company. Not meeting your staff’s expectations can negatively affect their productivity. It’s not just crucial that salary payments are made each month, but that they’re being made accurately and on time, without fail. Payroll software offers quick, reliable salary management features that can be used to automate your business’s salary payment process.
With efficient record-keeping and pay tools suited to a range of staff sizes, the benefits of features like these are fairly clear. Create a workplace where every staff member can bank by their salary each month by implementing a reliable payroll system.
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Manage your staff salaries easily with a QuickBooks payroll system
The size of your business will affect your payroll software requirements. Small enterprises may only require pay records and PAYE, UIF, SDL and WCA calculations, while larger businesses could benefit from extensive report tools or remote access. Whatever your needs, having precise records and tools is one of the surest ways to streamline your salary payments.
There are a couple of factors to consider before settling on one of QuickBooks’ three payroll packages:
- Number of employees – Buying a payroll system for fewer than ten employees is a necessity many companies underestimate. Making payments on time each month is good business. Not only this, but PAYE, UIF, SDL and WCA tax rate calculations need to be made accurately every month. You should have a system that applies these charges to salary payments automatically, and according to the latest rates. QuickBooks payroll software can be used to handle this process effectively, creating digital IRP5s and ITAs, as well as recording payments and performing EFTs.
- Which features you’ll need, both now and in the future – Foresight is a hallmark of a successful business and applies to payroll systems as much as anything else. Basic features such as pay record facilities and tax calculation tools can help improve a small business’s financial processes. If you plan to grow your enterprise, though, you might need a system upgrade in the near future. With Quick Payroll, you can manage salaries for up to 120 employees, giving you better control over more staff payments.
Visit QuickBooks today for payroll software solutions that work for you and your employees.