Category Archives: Employee Payroll Software

Choosing a payroll service is a very important part of a small business because it’s likely that every penny counts and the company cannot afford mistakes. Payroll software gives each business the up to date tools it needs to process payroll in a timely manner and keep track of all their records easily. It also gives users the ability to easily file their reports online, which saves th......

A manual payroll system is a hectic task if company has a large number of employees. A company with few people can maintain a manual payroll process with accuracy. However, it is a time consuming task. Payroll software makes your task much easier and error free, which reduces legal issues.Calculation of Income tax is another routine and pain staking activity that needs to conform to governme......

Employees are the backbone of any organization. It is necessary for a firm or organization to keep the employees satisfied. Satisfaction of the employees depends on proper payroll management. Salaries should be timely and accurate. No employee should be denied his right! Payroll software ensures that wages are calculated accurately for each and every employee. In India, payroll software is g......

HMRC will advise the new tax code change from 543 to 603 which was announced in May 2008 and the date the new tax code to be applied which is expected to be September 2008. The amended tax code is entered as a new tax code on the employee details tax amendments section of the payroll file and the tax reduction is then automated at the date the new tax code is applied. The income tax deducti......

If you are an employee your employer has a legal responsibility to operate a paye scheme and provide the employee with regular payslips a P60 end of year certificate and a P45 showing details of gross pay and income tax deducted during the employment if you leave.An employer needs a paye system that satisfies both these payroll requirements and the additional paye records required by the Inl......

Large organisations have full time accounting staff to prepare the payroll. Full time professionals employed or the payroll function may be outsourced to a payroll bureau. The payroll task in a small business often falls to the proprietor demanding even more time to familiarise with current payroll legislation and a not insignificant amount of administration time that could be better spent m......

Attendance, leaves, training schedule, bonuses, deductions and all the other components contributing to salary sheet need to be managed in a professional manner. As a matter of fact, current business scenario has encompassed technological features to an extent that within a matter of few moments, lots of tasks can be accomplished. Wondering how? Well, there are over innumerable innovations a......

If you have employees, your business should have a payroll system to manage employee information, hours worked, benefits, and of course the most important thing is paying your employees and the government what they are owed. If you are looking for a payroll system for your business, the first thing you need to decide is whether you want an in-house payroll program or a payroll service. Here ......

Payroll processing which primarily includes activities like salary computations, Income Tax calculations, management of leaves and claims management is primarily the responsibility of the finance or the HR team with in an organization. Also information disbursement relating to employee leaves, reimbursements processing and payroll has been traditionally been done via email or excels by the s......

While large organisations have the resources to devote full time members of staff to the functions of accounting and payroll administration, for smaller companies this is rarely the case. Normally in a small business the payroll functions are carried out by the managing director or owner meaning that they must devote a great deal of time to the functions when their efforts could be better sp......