Payroll Programs for Small Businesses
- A variety of payroll programs with trial services exist for small businesses.financial charts image by Chad McDermott from Fotolia.com
A few different payroll programs exist for small business. The main issue is whether the business wishes to operate the payroll program itself using a program like Payroll Mate 2010 or allowing a third party to perform the payroll process such as Paychex. The payroll programs for small businesses are available as standalone software, Internet-based software and payroll companies that operate independently. - Payroll Mate 2010 claims to be a comprehensive payroll system for small and medium businesses (see References). Furthermore, Payroll Mate 2010 automatically totals local, state and federal taxes and calculates net pay. Other amenities that this software package offers is grouping and printing checks according to employees or pay period. In addition, the software user can add other tax and deduction brackets like 940, 941, 944, W-2, and W-3s through a wizard. The yearly cost is $99 for the program. Also, Payroll Mate 2010 is available for a free trial period, which is available as a download.
- Paychex is an independent company that offers payroll services for small, medium and large business (see References). Paychex claims to serve over 500,000 U.S. businesses, and allows clients to submit payroll information via phone, fax or online. Companies receive a payroll specialist to handle their account. The account specialist can help businesses set up direct deposit for employees, payroll tax administration for payroll, 401k, health insurance deductions, worker’s compensation and labor outsourcing solutions. Paychex offers all inquires to their services a free quote on their services, and the first month of service through Paychex is free.
Paychex
911 Panorama Trail S.
Rochester, NY 14625
800-322-7292
paychex.com - Intuit is an online software processing system that offers guaranteed accuracy of payroll processing (see References). Intuit offers several features that combine services offered with Paychex and Payroll Mate 2010. The features and services are direct deposit, online tax payment, W-2s, unlimited number of monthly payrolls, and live customer support online and through the telephone. The fee structure of Intuit Online Payroll varies. As of July 2010, the basic monthly service starts at $25 per month with each additional employee costing $1.50 per month and each state added to the company an additional $12 per month. Intuit Online Payroll offers a free 30-day trial, and if a subscription program is activated, the next two months cost $9.99.
