--- title: Payroll Options - Paper Check, Direct Deposit or Debit Card? description: Which payroll option is right for your construction business, paper check, direct deposit or debit card. --- [Construction Company Bookkeeping For Contractors All Across The USA Including Alaska And Hawaii](https://www.fasteasyaccounting.com/blog) # [Payroll Options - Paper Check, Direct Deposit or Debit Card?](https://www.fasteasyaccounting.com/bid/124395/Payroll-Options-Paper-Check-Direct-Deposit-or-Debit-Card) Written by [Randal DeHart](https://www.fasteasyaccounting.com/blog/author/randal-dehart) | Thu, Feb 16, 2012 **When Contractors Ask** - Which payroll option we recommend we usually say Direct Deposit. The reasons are simple and as usual related to our primary role as ["Profit And Growth Specialists For Contractors"](https://www.fasteasyaccounting.com/about/) and our [Primary Mission](https://www.fasteasyaccounting.com/mission-statement/) which is helping you, the men and women of the greatest industry on earth, construction industry to achieve your definition of success. You deserve to be wealthy because you add value to other people's lives. **We Offer [Payroll Processing](https://www.fasteasyaccounting.com/payroll-processing/)** - Using all three options. You pick the one that is best for you. [Learn More...](https://www.fasteasyaccounting.com/payroll-processing/) **The First Option** - Paper check looks like the least expensive. Calculate payroll hand write or print a paycheck, hand it to your employee and done. Like the Iceberg there are costs you see and costs you don't see. It is the hidden costs that cause your Profit and Loss to look bad at the end of the year. **What Is The First** - Thing an employee does after getting a paper paycheck? They go to the bank or the check cashing store and get cash! **If They Are Paid For Travel Time** - To and from the jobsites they will typically cash their paycheck on the way to the jobsite or take a break as soon as the bank opens. **There Are Three Costs** - To consider: **#1 Travel Time** - [See What Is Ten Minutes Costing Your Company](https://www.fasteasyaccounting.com/what-is-ten-minutes-costing-your-company/) and **Multiply By Three!** Because it will take ten minutes each way to detour to and from the bank or payday advance company plus ten minutes inside the building. **Every Ten Minutes Your Construction Worker Costs You $5.94** **#2 Cost Per Mile** - To operate the company vehicle which varies depending on the type of vehicles your company uses. Generally numbers we see are range from $1.25 to $1.75 per mile. This takes into account Fuel + Insurance + Repairs + Maintenance + Registration + License divided by the number of miles driven. In this example we estimate a three mile detour at the middle range of $1.50 per mile = $4.50 **#3 Delays On The Job** - In construction you are dealing with project based system not an operations or manufacturing based operation. Every additional day you have to mobilize and de-mobilize costs you money. For example if it takes (15) minutes for (4) workers to get setup in the morning and the same amount of time at night your total costs could be $121.92 **Total Cost For Paper Checks** - Between **$15.00** and **$50.00** per employee. To get the actual results for your company some analysis would need to be run or you would simply look in your [Business Process Management System (BPM)](https://www.fasteasyaccounting.com/business-process-management-strategy-for-your-construction-company/) for the answers. **The Second Option** - Direct deposit could cost an additional $5.00 per payroll and $0.99 per deposit. Direct deposit drops into your employee's bank account one minute after midnight on the day payroll is due. The cost of having a [Professional Bookkeeper](https://www.fasteasyaccounting.com/professional-bookkeepers/) prepare the payroll is less with direct deposit because of the time saved in preparing and printing the paper checks, setting them aside for you to sign them, stuffing them in the envelopes and taking time to pass them out. **The Third Option** - Debit Card is similar to direct deposit. The difference is the employee does not need a checking account. **We Offer [Payroll Processing](https://www.fasteasyaccounting.com/payroll-processing/)** - Using all three options. You pick the one that is best for you. [Learn More...](https://www.fasteasyaccounting.com/payroll-processing/) ## **We Remove Contractor's Unique Paperwork Frustrations** **For Construction Company Owners** who do not need the full power of QuickBooks for contractors and want 24/7 online access we offer Xero Accounting Online and we have custom setup for construction companies. [Click Here For More.](https://www.fasteasyaccounting.com/what-is-xero-and-why-is-fast-easy-accounting-offering-it/) **This Is One More Example** of how Fast Easy Accounting is helping construction company owners all across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to people like you so stop missing out! Call Sharie 206-361-3950 or [sharie@fasteasyaccounting.com](mailto:sharie@fasteasyaccounting.com) and schedule your no charge one-hour consultation. **Profitable Contractors and Construction Company owners** have known about the value of outsourced bookkeeping services and contractor coaching services like ours for a long time and now you know about it too!  **We Scan Your Receipts And Invoices** link the appropriate transactions to QuickBooks or Xero Accounting Online depending on the construction accounting service you are using and provide ongoing **[Cloud Based Contractors Bookkeeping Services](https://www.fasteasyaccounting.com/quickbooks-desktop-online/) **by accountants who understand construction. ### **Our [Contractor Bookkeeping Services System](https://www.fasteasyaccounting.com/our-bookkeeping-services-system/) Is A System** ### **** ### **Thinking About Outsourcing Your Contractors Bookkeeping Services To Save Time And Money?** ### **Click On The Button Below To Download A Free Guide** #### **[Business Process Management (BPM) For Contractors](https://www.fasteasyaccounting.com/services/)** ### **Need Help Now?** ### **Call Sharie 206-361-3950** ### **[sharie@fasteasyaccounting.com](mailto:sharie@fasteasyaccounting.com)** ## **[Xero Outsourced Construction Accounting Services](https://www.fasteasyaccounting.com/xero-accounting-services/)** ## **[QuickBooks Outsourced Construction Bookkeeping Services](https://www.fasteasyaccounting.com/quickbooks-strategic-bookkeeping-services/)** ### **We Are Xero Accounting Experts Specializing In Construction Bookkeeping Services**   **About The Author:** **[Randal DeHart, PMP, QPA](https://plus.google.com/u/0/106414353685550708429/posts)** is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is the leading expert in outsourced construction bookkeeping and accounting services for small construction companies across the USA. He is experienced as a Contractor, Project Management Professional, Construction Accountant, Intuit ProAdvisor, QuickBooks For Contractors Expert and Xero Accounting Specialist. This combination of experience and skill sets provides a unique perspective which allows him to see the world through the eyes of a contractor, Project Manager, Accountant and construction accountant. This quadruple understanding is what sets him apart from other Intuit ProAdvisors and Xero accountants to the benefit of all of the construction contractors he serves across the USA. Visit [http://www.fasteasyaccounting.com/randal-dehart/](https://www.fasteasyaccounting.com/randal-dehart/) to learn more. **Our Co-Founder [Randal DeHart](https://www.fasteasyaccounting.com/randal-dehart/)** - Is a Certified PMP (Project Management Professional) with several years of construction project management experience. His expertise is construction accounting systems engineering and process development. His exhaustive study of several leading experts including the work of Dr. W. Edward Deming, Michael Gerber, Walter A. Shewhart, James Lewis and dozens of others was the foundation upon which our [Construction Bookkeeping System](https://www.fasteasyaccounting.com/our-bookkeeping-services-system/) is based and continues to evolve and improve. Check out our [Contractor Success Map Podcast on iTunes](https://itunes.apple.com/us/podcast/contractor-success-map-randal/id882018353) and [Follow Randal on Google+](https://plus.google.com/+RandalDehart/posts) [View full post](https://www.fasteasyaccounting.com/bid/124395/Payroll-Options-Paper-Check-Direct-Deposit-or-Debit-Card) ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Randal DeHart" }, "dateModified" : "2014-11-19T00:23:41.002Z", "datePublished" : "2012-02-16T04:15:00Z", "headline" : "Payroll Options - Paper Check, Direct Deposit or Debit Card?", "image" : { "@type" : "ImageObject", "height" : 657, "url" : "http://www.fasteasyaccounting.com/hs-fs/hub/125770/file-1501253231-png/images/Fast-Easy-Accounting-206-361-3950-Construction-Company-Profit-Coaching-Services.png", "width" : 797 }, "mainEntityOfPage" : "https://www.fasteasyaccounting.com/bid/124395/Payroll-Options-Paper-Check-Direct-Deposit-or-Debit-Card", "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "height" : 60.0, "url" : "http://www.fasteasyaccounting.com/hubfs/Graphics/Fast%20Easy%20Accounting%20Simple%20Banner.png", "width" : 140.1 }, "name" : "
Contractor Bookkeeping Done For You!
" } } ```