Small Business Payroll Service Tips



Small business payroll service tips:

As a small business owner there are so many things to do and there are a number of these things that I would rather not do and payroll is one of them :)

In my investigation of finding a small business payroll service there was a number of things that I wanted the company to look after and this included ALL payroll issues! This includes superannuation, PAYG tax, pay slips and more, leaving me free to get on with working on my business.

I needed to be able to approve the payroll ultimately but everything else could be done by someone else.

Some things that you need to consider when looking for a small business payroll service:

  1. You want to see that they are an experienced payroll service
  2. It would be good for them to be an accredited accountant/bookkeeper and that they are members of an accredited association.
  3.  The more that they can do the better! The more time you can save the better
  4. Fixed fees per employee if possible. You want to know exactly how much it is going to cost per employee so that you can know the exact price when you employ more staff
  5. That the company has professional indemnity insurance to cover their work.

You will find that outsourcing this service can save you a lot of time and money as you won’t have to train and supervise employees and if you find the right company the costs should be less than the average payroll clerk salary and our service comes quality assured.

7 days To Take Your Small Business To The Next Level
Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.

  

Why Use Small Business Payroll Services?

Just be sure to find a service provider that does all the work. Many payroll service providers just provide an automated payroll software where YOU do the work. If you find the right provider they will do all the work, which is what saves you time. They do everything your payroll clerk would do and more.

  • Enter time sheets.
  • Calculate hours worked from time sheets.
  • Calculate payroll earnings, tax, superannuation.
  • Distribute pay slips by email or post.
  • Calculate, prepare and lodge payroll tax returns.
  • Prepare monthly superannuation returns and pay super funds.

  • Prepare and distribute end of year PAYG payment summaries.
  • Setting up new employees.
  • Collect and lodge TFN Declaration forms.
  • Get employees to complete superannuation choice of fund forms.
  • Calculate employee leave balances.
  • Keeping up to date with ever changing payroll rules.


Return from Small Business Payroll Service tips to Homepage

Why not share this?