What is Accountant Payroll—A Brief Discussion
The goal of accountant payroll is to keep track of employee compensation and other payroll expenses. Documenting these costs can offer small business owners a perfect picture of their investments. When you wonder what is accountant payroll, you have come to the right place. Contact Payroll shares a brief discussion on it and how QuickBooks can help you. Our QuickBooks customer care service is a professional assistance offering from Contact Payroll.
What is Accountant Payroll
Accountant payroll records the following significant payroll costs and transactions. When you ask what is accountant payroll, you are mainly looking for which QuickBooks feature can help you with this type of documentation. Contact QuickBooks customer care service for expert assistance.
1. Employee Tax Withholding
Recording data that speaks about money withheld from employee salary towards federal and state tax payables.
2. Employee Wages
Keeping a complete transaction record for salaries, overtime payments, company-sponsored expenses, paid time-offs, and other relevant costs related to the employment of an individual.
3. Employer Taxes
An employer paying taxes such as Medicare, Social Security, and state Unemployment taxes.
4. Deduction Against Benefits
Make proper subtraction of money from employee wages towards payment for a retirement plan, supplemental insurance, health insurance, etc.
5. Govt. Mandated Deductions
Deductions towards child or spouse support garnishments and other outstanding tax obligations.
Benefits of Accountant Payroll
As you may be wondering what is accountant payroll and it would be beneficial for you to use QuickBooks Payroll, take a look at the followings:
1) You get real-time collaboration with your clients and vendors.
2) Get all clients and vendors in one dashboard.
3) Determine access levels for clients and vendors.
4) QuickBooks Payroll is mobile-enabled, and you can access it from anywhere and anytime.
5) It is a cost-effective program that reduces your investment towards every client that you onboard.
Wrapping Up
Accountant payroll plays a crucial role in your business. Know what is accountant payroll and subscribe to appropriate QuickBooks solutions. You can get in touch with our QuickBooks customer care service.