Most payroll services today provide clients’ payroll and attendance tracking software online to collect detailed information on the number of hours each employee worked, the pay rates, the deductions and other payroll-related data where it is used to generate paychecks, reports as well as tax filings. The payroll information collected from the clients via the internet will then be computed and stored at a central location for historical retrieval.
Small to medium-sized business owners who are always on the run find an online payroll solution very convenient. Business owners can now edit payroll information, wage adjustments and garnishments on their own schedule as long as there is an internet connection.
Outsourcing your Payroll Services
Here are some reasons to consider:
- Controlling operating costs –maintaining a payroll department or person assigned this task gets quite costly for small businesses. Payroll management is a very tedious task but extremely important to get right 100% of the time.
- Increased Productivity –When outsourcing, you are not only able to cut essential operating costs but also affords you more time to do other productive tasks that may generate more revenue.
- Accuracy of data and information – mistakes in payroll is the last thing an employee wants and a business owner cannot afford an unhappy employee. Outsourcing your payroll to an established expert often reduces errors. Payroll tax filings are also performed on a timely basis with increased accuracy.
- Employee attendance tracking software often eliminates errors found in manual calculations. Some payroll services in Dade County even offers a guarantee refunds for errors they made.
Data Input Options
Flexibility is the keyword when you are asked to submit payroll updates. Most services accept information via:
- Web input
Online input is done either on a point of sale (POS) device or computer terminal that each time an employee logs into. His or her time is automatically transmitted and stored to the payroll management system. All the owner or manager will be required to do is to verify the accuracy of the entries.
After the payroll is processed, clients receive reports like GL Report, 401k Report, Worker’s Comp Report, Labor Distribution Reports among other types of reports.
Time Tracking Software
Labor and project costs are better managed when there is an accurate record of your employee’s working time and attendance entered into the project management software you are using to bill clients. There are a handful of payroll services in Dade County offer systems of employee time tracking for Miami-Dade businesses that can integrate time sheet data or at the very least, export that data to a electronic spreadsheet. Some of the employee verification input methods that are used in an employee attendance system in Coconut Grove are:
- Biometrics Scans(like finger print Scan)
- Remote data input
- ID or Badge Swipe
- Proximity Badges
Another essential service of payroll management in Oakland Park is to provide a system of tracking payroll tax and deductions for each employee. Included in the web payroll solutions for Miami businesses is a quarterly tax report that allows owners to monitor any changes. This is an addition to the employee’s individual payroll record showing tax deductions.