Technical Tuesday episode! This week is all about payroll and the full service payroll feature available in Quickbooks Online. Manage and pay your employees and subcontractors with ease right inside the program. Payroll is also fully integrated with tracking time on jobs to help streamline your company’s overall finances. Tons of other great features including options for workers compensation insurance, 401k investments, tax compliance, etc. Check out the website for more content www.bcbousa.com
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Full Recap:
Today’s Technical Tuesday podcast is about payroll. Quickbooks Full Service Payroll is a great feature that helps streamline your office operations and make sure you are in compliance with state and federal regulations. In addition to getting your employees and contractors paid on time it also can help in the overall financial health of the company.
One of the many great features of the payroll service is the ability to track and allocate labor hours directly to ongoing jobs or projects. This allows you to have a better understanding of the overall health of your company with up to date and accurate job costing. To make the process even easier you can request through the program for new employees to fill out their W-2 form directly, and request contractors fill out W-9 forms and provide bank information to process direct deposit payments.
There are also many optional features available inside the payroll program including health benefits, 401k contributions, the ability to get quotes for and obtain workers comp insurance, HR compliance, etc. It is a full suite of features built directly into the program to improve the overall operation of your business. Once everything is set up you can even make the entire process automated from paying your employees to filing your taxes.