Payroll Software

The term "payroll" mean the sum of all financial records like employee salary, wages, bonuses, and deductions. It encompasses every employee of a company who receives a regular wage or other compensation.

In a company, there are employees who are paid a fix salary and there are employees also who are paid for hours worked or the number of items produced. All of these different payment methods are calculated by a payroll specialist then the appropriate paychecks are issued.

In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time.

Payroll plays a major role in a company for several reasons:

Accounting Point of View:

payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies and they are subject to laws and regulations (e.g. in the U.S. payroll is subject to federal and state regulations).

Business Ethic Point of View:

Payroll is a critical department as employees are responsive to payroll errors and irregularities: good employee morale requires payroll to be paid timely and accurately.

The primary mission of the payroll department is to ensure that all employees are paid accurately and timely with the correct withholdings and deductions, and to ensure the withholdings and deductions are remitted in a timely manner. This includes salary payments, tax withholdings, and deductions from a paycheck.

What is Payroll System Software?

Payroll System Software is a computer application that allows you to manage your employee payroll services in a most accurate and easy way. Today, there are lots of Payroll Software in the internet and my job is to collect some of the best Payroll Software out there.

1. Intuit Online Payroll - Payroll for Small Business - it is one of the best payroll software in the internet that offers 30 days free trial + 2 months more at $9.99. Intuit Payroll is easy to use, low cost, and it is packed with everything you need that is why they have over 1 million business users. They also have Payroll Software for MAC. For More Information Visit Intuit Small Business Rejoice.

Click here to Visit the 2011 Version of Intuit Payroll Software.

2. Peachtree Pro Accounting with Payroll 2011 - it is a product from Sage that provides the tools to manage your essential accounting tasks easily and accurately, along with an in-house payroll solution. This software makes it easy by providing you with the tools to help keep your payroll on time and accurate. It automates invoices and checks, record customer payments, create budgets, and track sales, inventory, and expenses. For More Information Visit Sage Software Peachtree Pro Accounting with Payroll 2011.

3. Payroll Software - Payroll Mate 2010 - Payroll Mate® is a comprehensive payroll software that fits the needs of accountants and small to medium size businesses. Payroll Mate automatically calculates net pay, federal withholding tax, Social Security tax, Medicare, state and local payroll taxes. Payroll Mate also supports different types of payroll pay periods, prints checks, prepares payroll forms 941, 944, 940, W2 and W3. This payroll software also supports user-defined Income, Tax, and Deduction categories making it very flexible and powerful. To Read More and Download the free trial Visit Payroll Mate 2010.

4. Ame Small Business Payroll - Ame Small Business Payroll is a Payroll Software suitable for any type of business, Saves dollars on payroll outsourcing, Print checks on your computer, eliminate need for preprinted check stock with optional MICR, Check Printing module, and Go green and save time with optional Direct Deposit module. Click here if you like the software.

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