When it comes to paying employees, laws and the IRS, have made the payroll function a time-consuming nightmare for the small business owner.
Small business owners spend an average of eight hours a month performing payroll functions. That's 12 full days a year that could be spent generating sales, prospecting new business opportunities, improving products or services, or servicing customers.
Getting time cards input into QuickBooks and processing payroll can be a big hassle for your construction company.
- Employee advances and loans that you forget to deduct can drain away your entire profit.
- Timecards come in late causing payroll to be under enormous pressure to meet direct deposit deadlines.
- Tracking employee bonuses, reimbursements and garnishments take time and money and can cost your company some serious fines, penalties, and lost productivity if not handled correctly.
