Do you run a small business with employees that you need to pay regularly? Manually creating checks and receipts for these regular payments can be confusing and tedious. To save yourself the time and energy, especially if you have several employees, we offer payroll services that are catered to your needs and allow you to digitalize your payroll transactions on a regular basis with each employee. Payroll services are done by imputing information about your employee, such as their name, bank account information, and pay rate, along with the frequency in which they will be paid.
Direct deposit is the process of scheduling a payment, typically pay, to be automatically deposited into a receiver’s bank account at a scheduled time and date. The direct deposit amount is set between the employee and the employee and is conjoined using bank details that allow the sender to automatically send the desired amount of money directly at the employee’s disposal on the given day. Direct deposit is a quicker way to give employees access to their pay and takes away the need for manual deposits and cashing checks through ATMs or bank branches. Instead, direct deposit can be done digitally and automatically.
Monthly payments include those that are done on a regular, monthly basis to employees regarding pay. The monthly payments can be adjusted to the employee’s individual needs and done in large quantities to accommodate multiple persons who have different wages and personal details. Our payroll services typically oversee monthly payments that are made in the same amount each month and can also be done to facilitate bill payments that are within range of the automated authorization given.
Monthly transactions are those that are made to sustain the operations of your business. This can include regular maintenance or utility bills, as well as service payments such as cleaning, rent, or security. Monthly transactions are done securely and on time to avoid penalty from the receiver, and are transmitted through a safe system that ensures the payment is taken in the correct amount and only deposited to the approved receiver. Monthly transactions can be altered or adjusted if the amounts rise and require authorization from the sender before they are securely completed. Monthly transactions also include any payments made to the business that keep it operating, such as customer payments, service payments, and other types of owed funds, if you are the receiver.
QuickBooks is a digital accounting system that works for small businesses to help manage and oversee transactions. The software has long been used by accountants and bookkeepers alike because of its easy-to-use platform and its reliability when it comes to retaining and submitting data. If you're a small business owner and are looking for a reliable way to digitalize your bookkeeping and transactions, then QuickBooks is the way to go. We offer installation and training for QuickBooks so that you can be up and running with the system in no time.