5 Reasons to Integrate Your Accounting System, Attendance System and Online Payroll Services
Using online payroll services can simplify the payroll process. However, there is a way to make the system more efficient. If you can integrate your payroll system with your accounting program and attendance software, you can make the payroll system much easier to manage. Put Payroll on Auto-Pilot The only information the payroll service, such as BenefitMall, needs for an employee each pay cycle is the number of hours they work, unless they’re salaried employees. If you integrate your payroll system with your attendance program, this information can be automatically uploaded. This will also reduce data-entry errors since no one will have to type in the information. Eliminate Data Entry Errors By integrating the online payroll service with the accounting system, you reduce the chance of data entry errors. These errors are common and can cause an issue when they lead to underreporting or over reporting of income or profits. Data entry errors are the reason why regular bookkeeping audits should be made. Reduce Costs Due to Errors Underreporting or over reporting of payroll expenses can lead to a business paying too much or too little in taxes. An error may also lead you to overpay or underpay an employee. By having the systems automatically connect to each other, you can ensure your numbers are accurate. This can also reduce paper waste because the systems update online or through the internet or intranet. |
Make Bookkeeping Efficient
With an integrated system the payroll information will automatically update in the accounting software, this reduces one of the more time-consuming tasks your bookkeeper would have each pay period. Since the system is integrated, the bookkeeper can also pull up any information needed from the online payroll service that pertains to their bookkeeping work.
Make Payroll Easier
An integrated system will help to make payroll easier because everything will be automated. If you have the right attendance system for your business, you can ensure your employee attendance records are accurate. Then they will automatically be paid for the time they worked. This integrated system can be accessed online or through a mobile device which makes it perfect for busy business owners.
As you can see, integrating your online payroll services with your accounting system and attendance software makes good business sense. It can also save your time and money. So, when you start looking for a new payroll system, look for one that integrates with other programs.
With an integrated system the payroll information will automatically update in the accounting software, this reduces one of the more time-consuming tasks your bookkeeper would have each pay period. Since the system is integrated, the bookkeeper can also pull up any information needed from the online payroll service that pertains to their bookkeeping work.
Make Payroll Easier
An integrated system will help to make payroll easier because everything will be automated. If you have the right attendance system for your business, you can ensure your employee attendance records are accurate. Then they will automatically be paid for the time they worked. This integrated system can be accessed online or through a mobile device which makes it perfect for busy business owners.
As you can see, integrating your online payroll services with your accounting system and attendance software makes good business sense. It can also save your time and money. So, when you start looking for a new payroll system, look for one that integrates with other programs.