As a doctor, you have very specific needs from your payroll software, and the GP Accounting software is made to fill those needs with powerful tools to help you pay your employees. It comes with many options to assist with payroll, and there are other tools as well to help with other aspects of your business, such as asset depreciation and advanced reporting metrics. This will show you the four benefits of using GP Accounting software for your payroll needs.
Automated Tasks Payroll services are expensive in terms of time
As a doctor, you rarely have the time to sit down with your payroll software and calculate how many hours someone has worked and how much tax you have to deduct. So, you may hire someone else to do this for you, but he or she will cost you by the hour, increasing your overhead and making your profit level drop.
With GP Accounting software, you get to set automated tasks. This means all the payroll tasks can be completed without your involvement, leaving you to take care of patients without having to spend time or money calculating payroll.
Time Recording Many doctor’s offices are very poor when it comes to recording when employees come in and out, and this is generally based on a trust system where you hope the other person really timed in on time. With GP Accounting software, you get a time recording feature that enables you to make employees time in.
This ensures that you are not paying tardy workers for time they are not working, and this can help improve your office by getting rid of frequently late employees and getting a more dedicated staff.
No More Inaccuracies
With inferior payroll software, or no software at all, it is very easy to make accounting mistakes. Some of these mistakes may be very small, such as adding or taking away an hour of someone’s work, but other mistakes are huge. For example, if you accidentally switch up social security numbers, accidentally change people’s hourly rates or forget to deduct for some taxes, you can be in major trouble.
GP Accounting software does not allow you to make these mistakes
It solves this in one way by saving all the personal and private information of every employee, so nothing gets mixed up. It also remembers every deduction and every process needed with payroll, so it won’t make a mistake.
Payroll Reporting
Do you know how much money you spent this quarter on employees? Or how employees are improving or decreasing your profit? This payroll software knows how, and you can access this information via its reporting features. GP Accounting software comes packed with may payroll reporting features, so you can make a range of reports that will help your business grow and prosper.
You should use these reports often, as knowledge is power, and this will help your office become all the better.
Conclusion If you have any trouble whatsoever with your present payroll software or system, or if you are just fed up with having to manually calculate or pay people to do payroll services, then consider getting GP Accounting software. It has helped many other doctors, and it will help you get back to what you do best: taking care of patients, not numbers.
