Quicken Payroll Processing Software

2007-10-15 12:53:47

( Computers )



Payroll Accounting Hassles

Payroll accounting involves very intricate processes. Salary rates vary between employees. You also need to calculate salaries based on the exact times your employees come and leave the premises, and the total number of hours they have worked in a given pay period. Holiday and weekend work hours complicate the payroll process, as the hourly wage rates need to be calculated accordingly. You also have to monitor the number of hours that the employees were absent, and determine the exact sick or vacation leave credits of every employee.

Before you can actually distribute salaries, you need to make the necessary state and federal tax deductions, as well as any corresponding deductions for health care insurance premiums and salary loan payments.

Quicken Payroll Processing Software to the Rescue

Payroll processing services are now easier with the help of special software like Quicken Payroll. Quicken is a leading provider of award-winning business and financial solutions to help companies manage their operational processes more efficiently. Quicken payroll and other software products are widely used by millions all over the globe.

The Quicken payroll software has easy to understand instructions for setting up your payroll, with very simple data entry system. You can store payroll rates, overtime rates, deduction rates and work time formulas in the Quicken database, which you can activate when you need to calculate and prepare pay slips and standard IRS deduction reports. Time sheet data are easily integrated with salary, overtime and holiday rates. In seconds, you can also refer back to your employee's leave and benefits records. The Quicken payroll system is also compliant with the most state and federal tax tables, so you can quickly determine the exact deductions. You can also select and apply pay periods and frequencies.

You can also install and activate security features such as passwords into your Quicken payroll system to protect the confidentiality of your employee records and to prevent unauthorized tampering.

How to Acquire Quicken Payroll Software

Quicken has its own website where you can order the software. If you prefer, you can download a trial version for free on limited basis.

The software is compatible with the latest operating systems and does not take up too much disk or work space. You also need an updated browser version and high speed internet connection to download the software.


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