You may have chosen to outsource your payroll to a third party service. While this has saved you great time and energy, it doesn’t solve all of your time management issues. There is simply not enough time in a day – or a month – to complete all of the administrative tasks required of a small business owner.
If you need additional assistance with bookkeeping and tracking your financing, our team is happy to provide the financial support you need to complete the complex task of paying your employees.
When your employees receive their payments, you have achieved half of the task at hand. However, you have administrative duties on your side of this transaction, as well. With every penny that leaves your small business’s bank account, tracking these numbers is essential in maintaining accurate records and having a clear view of your financial status each week. Our team can clean up a payroll backlog and provide regular bookkeeping in QuickBooks, so you are always up-to-date.
True, you may be paying an accounting outsourcing firm to cut the checks and send them out to your employees. However, that does not ensure they are taking out the appropriate withholdings or that they are making it to the U.S. Treasury. When tax time rolls around, it is you and your business that are responsible for these payments. Ann and our team will monitor every check that goes out to ensure the appropriate withholdings are taking out and that they are received by the U.S. government.