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How to set up a payroll process: 10 steps

Insperity

Having a firm grasp on these responsibilities and why they are important will help you set up a payroll process that encourages accuracy and is easy to run. Whether you have one employee or 1,000, creating a payroll process is the same. Decide to do payroll yourself or choose a service provider. Use a payroll service.

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Invest in Experts and Payroll Platforms When Working With Remote Independent Contractors

Spiceworks

The post Invest in Experts and Payroll Platforms When Working With Remote Independent Contractors appeared first on Spiceworks. Companies expect adapting to regulatory changes to be challenging in the future when working with remote independent contractors.

Payroll 88
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3 Ways Payroll Software Can Help Prevent Human Error

Insperity

Doing payroll is yet another task on your list of responsibilities. If your payroll is kept in-house, you’re probably familiar with the human errors that can occur when you’re doing things manually. Here are three major ways good payroll software should help you avoid human error. Alerts for payroll discrepancies.

Payroll 191
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The Accountant's Guide to Payroll

Justworks

One of the most crucial responsibilities to emerge in this modern world of accounting is payroll. More and more, businesses are expecting their accountants to offer a wider toolkit of financial services beyond crunching numbers, balancing financial statements, and managing tax preparation. Read more

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In-Depth Guide to the Timesheet Approval Process

BMT Office Administration

Other reasons why timesheet approval is a necessity include: It ensures proper payroll processing. Whenever a manager submits their employee timecards to payroll , they need to be extremely precise. If your managers aren’t approving timesheets before submitting them to payroll , you may be spending more than you should on labor.

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ADP Acquires Celergo to Strengthen Global Payroll Capabilities

Spiceworks

ADP today announced that it has acquired Celergo, a provider of payroll management services. The acquisition will enhance ADP's international payroll offerings with a strong platform and new solutions, including cross-currency and expatriate payment services.

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IRS guidance addresses SECURE 2.0’s catch-up contribution dilemma

BMT Office Administration

This is good news for Payroll, which can postpone tracking employees’ salaries and reworking the payroll software ; Benefits, which is probably in the process of making conforming amendments to the 401(k) plan; and employees, who can continue to make catch-up contributions on a pretax basis.

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