K-Payroll
It provides the following:
- keeping track of hours
- calculating wages
- withholding taxes and deductions
- printing and delivering checks
- Employee management
- completing direct deposit
- paying premiums to insurance
- paying employment taxes
- Reporting
It involves the payment of employees and the filing of employment taxes and also uses the information to perform calculations and deduct withholdings automatically.
The system keeping track of work hours, calculate wages, withholding taxes , deductions, direct deposit, premiums , printing checks and paying employee taxes. The system helps employer provide the P9 form reports for employees which helps in making returns.
This system helps mitigate errors in the payroll process and reduce the amount of effort involved in calculating employee hours, wages, and tax withholdings. It is easy to use and often times very affordable for small businesses. In some cases, small businesses may save money by using K-Payroll processing software instead of other alternatives.