Choose a payroll software solution based on business size (number of employees): small business (0-100), mid-sized business (101-2500) or enterprise business (more than 2500).
Small business (0-100) payroll software usually comes pre-packaged in a format specialized to suit small business needs.
If you are a mid-sized business (101-2500), you can opt to purchase pre-programmed business payroll software or can choose to have it customized to fit your more complex needs.
For enterprise businesses (more than 2500) that face multifaceted issues and may have employees spread around the world, business payroll software solutions will resolve the complexities of payroll including differing tax laws from location to location.
Payroll software solutions typically include tax forms such as 940, 941, 944, 1099, W-2 and W-3.
Choose software that includes the 940 form, used to report annual Federal Unemployment Tax Act (FUTA) taxes, which is paid by employers to help fund federal unemployment benefits.
All payroll systems come loaded with 941 software. Form 941 is the employer's Quarterly Federal Tax Return that reports each employee's wages and tips and the withholding that you've taken out, including Federal income taxes, Social Security and Medicare.
Your payroll processing software will also include Form 944, the annual reporting version of Form 941.
If your business uses independent contractors or you pay interest income, you'll want help with 1099 (1099-MISC) forms. Form 1099 software can be an extremely helpful tool in printing out and distributing these forms.
Your payroll software assists in printing and distributing payroll W-2 forms, employee wage and tax statements that you must provide annually to all employees.
Payroll processing software also includes W-3 forms that enable employers to transmit each employee's W-2 wage and tax statement to the IRS.
Choose between web-based or desktop payroll processing solutions.
Web-based or online payroll software enables users to log on to a secure Internet site and enter payroll information without buying multiple software licenses.
Desktop or PC-based payroll software is beneficial for businesses that do not have multiple users.
Payroll processing software offers features such as direct deposit, check printing, deduction calculations, accounting system integration, role management and multiple licenses, and may have a demo available.
With direct deposit payroll software, you eliminate the hassles of check printing and distribution.
Payroll check printing software lets you print paychecks directly from the software application, virtually eliminating errors.
Deduction calculations comes as a standard feature in most applications, automatically deducting employee benefits like 401k contributions, taxes, Social Security and Medicare payments.
Accounting system integration makes payroll software solutions work with existing accounting software such as QuickBooks.
Role management allows HR employees access only to portions of payroll software solutions that apply directly to their role.
If you have more than one employee managing your payroll software solutions, you will need multiple licenses. This means you need to purchase a payroll accounting software license for each user.
Before you purchase payroll software, check with each brand that you are considering to see if they have a payroll software download demo available.
PayrollSoftware for Small Business
Easy payroll, fast & affordable. We instantly calculate paychecks. You print checks & stubs immediately. Payroll taxes filed. Online. Low monthly fee.
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Designed to simplify everyday HR tasks, Gradience Software gives you the power to handle employee management tasks right from your desktop. Each title is loaded with flexibility and functionality so you can personalize the features to meet your needs. Available titles include Attendance, Employee Records, TimeClock, Forms Manager, OSHA Manager, Handbook Manager and Supervisor's Handbook Manager. For more information, or a FREE 30-Day Trial of any title, click on the links provided.
Vista HRMS (tm) is a browser-based suite of HRMS, Payroll, Recruiting, Self-Service and Reporting components, including extensive workflow and Position and Employee management. Vista's intelligent cross border capabilities manage both U.S. and Canadian employees in a single database. In addition to on-premise deployment, PDS offers Hosted/Managed Services, including check, W-2, T-4 printing and tax filing. PDS supports Microsoft SQLServer and Oracle databases and utilizes the .NET framework.
Quadrant HR is a user-defined, configurable software and services solution integrating best practices for Human Resources, Staff Scheduling and Payroll into a single system. Fully configurable, Quadrant HR conforms to the way you work. You can create and automate workflows across the organization. Quadrant HR is designed to improve employee processes from hire to retire for simple to complex multi-site, multi-position, multi-contract workplaces.
Easy W2/1099 Payroll Software - Home free download. Easy W2/1099... Dec 7, 2006 ... Easy W2/1099 Payroll Software - Home free download. Easy W2/1099 Software is a forms preparation and filing software for the Windows ... http://www.freedownloadscenter.com/Business/Accounting_Tools/Easy_W2_1099_Payroll_So...
Use 1099 tax software for general and special payroll
By
Lori Carver
1099 for business preparation is easy when you have software that works with your general accounting program to import the data, and then print it out on the forms you need. Many software programs allow you to print or file these forms electronically so your employees can get their information easily from the Internet. Some software programs demand certain types of printers, such as laser printers, to print out the 1099 forms and may not work with other types of printers.
Use software to get this job done quickly no matter how many employees you have or how many different types of payroll deductions you have to make. Look at the following when choosing 1099 payroll taxes software:
1. Purchase specific 1099 preparation software for this procedure.
2. Find general accounting programs that provide 1099 payroll software in their box.
3. Use 1099 reporting software for the special circumstances of your particular business.
Action Steps to Implement Payroll Software
The best contacts and resources to help you get it done
Create payroll software: 1099, deduction calculations with 1099 forms software
Use software made just to calculate your payroll deductions. Many of these programs will integrate with your general accounting program to import the needed data and make this job an easy one. Check the program before buying to ensure it works with the system you already have in place.
I recommend:Real Business Solutions offers a software program that prints out your 1099 forms. Government agencies approve this software and it works with some of the general accounting programs. Create electronic forms or printed forms as needed. AITS is a separate software program for 1099 forms preparation and filing. It integrates with popular accounting programs and is government approved.
Use general accounting programs with a 1099 software deduction information section
Purchase an accounting program with a section for 1099 included. This saves money over buying two programs and you are sure the programs integrate, so collecting the 1099 data is easy.
I recommend:Halfprice Soft offers a payroll software program that comes complete with 1099 preparation section. You can download and try this program free for 30 days. eSmart Payroll is a complete payroll suite that offers a section for 1099 preparation. This also integrates with your Excel program to make uploading your current data easy.
Implement 1099 filing software for special needs
Some businesses, such as churches, or ones that deal with the government or outsourcing, have special payroll and 1099 needs. Choose software for your special business needs.
I recommend:RDS Advantage provides special software for the distinct needs of churches. This software includes a section on 1099 preparation with options to include or exclude employees. Turtle Creek Software offers software to address the needs of construction companies. It also offers a section to print the 1099 forms at the end of the year.
Tips & Tactics for Smart Use of Payroll Solutions
Helpful advice for making the most of this Guide
• Ask for a discount when you buy payroll software: 1099 and other software programs your company requires. Many software suppliers give discounts for multiple purchases either at the same time or as a repeat customer.
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PayrollSoftware for Small Business
Easy payroll, fast & affordable. We instantly calculate paychecks. You print checks & stubs immediately. Payroll taxes filed. Online. Low monthly fee.
Use 1099 tax software for general and special payroll.
1099 for business preparation is easy when you have software that works with your general accounting program to import the data, and then print it out on the forms you need. Many software programs allow you to print or file these forms electronically so your employees can get their information easily from the Internet. Some software programs demand certain types of printers, such as laser printers, to print out the 1099 forms and ...
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