Many small and medium-sized businesses pay IRS penalties due to payroll mistakes. Although it’s ideal to avoid these errors whenever possible, the reality is, payroll mistakes happen and the consequences can be expensive.
In this blog, we’ll look at some of the most common payroll errors, as well as the best way to avoid those mistakes by using HR software designed to make payroll for bookkeepers easier. What are some of the most common payroll mistakes?
Payroll for bookkeepers: The best way to avoid costly mistakes So what’s the easiest way to prevent payroll mistakes? Payroll and HR software that makes payroll for bookkeepers easy, convenient, and error-free. This type of software double checks your work to help you avoid data entry errors and accidental miscalculations. Additionally, many types of payroll and HR software programs will automate certain things, like employee pay rates, to cut back on manual entry time and reduce opportunities for mistakes. Or, they can auto-adjust pay rates by job function, auto-calculate tax rates by store location, and much much more. Payroll and HR software improves the process of completing payroll for bookkeepers by cutting back the total time it takes to get the work done, reducing errors, and automating complex tasks. Read a similar article about how to run small business payroll here at this page.
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AuthorEmily Clarke writes about employee management, benefits and payroll service. Archives
December 2021
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