Payroll Processing
You as the business owner want to reimburse your team for the time spent on your behalf. But payroll clerk you are not. You feel your time is better spent on developing your business. The business owner has two options, outsourcing or doing payroll in house.
Preparing payroll in house requires software or manually doing the computations. In addition to the periodic pay periods, the very important issue of tax compliance needs attention. The government has no sense of humor about not receiving timely deposits and properly filed reports.
Outsourcing the payroll function accomplishes the following for you, the business owner:
- Relieves the "headache of payroll reporting"
- Frees your internal personnel resources for utilization in producing revenue instead of record keeping
- Insures confidential wage information stays confidential