Outsourcing Saves Money and Errors
Author: Keith Huggett
If you're already familiar with all of the minutia required to do an error-free payroll run, you know how time-consuming it can be, even with QuickBooks' capable help. You're spending valuable time that could be used to grow your business on tasks such as:
- Collecting timesheets
- Entering timesheet data into QuickBooks
- Printing checks
- Distributing checks
- Paying and filing state and federal employer taxes
- Updating the standard mileage rate
- Updating your company's state unemployment tax rate
- Setting up and maintaining withholding for company-sponsored benefits
- Creating year-end payroll forms
These steps leave no room for error, and payroll mistakes can become quite costly. Payroll outsourcing can help eliminate these time-consuming tasks so you and your staff can focus on more important business issues. You don't have to train specialized staff, and you no longer have to worry about constant changes in the tax law. Payroll outsourcing can make your company operate even more efficiently.
By outsourcing your payroll, you can often also outsource your bookkeeping to manage all of your accounting functions at one time in one place. At the Tax Office, Inc., we specialize in outsourced back office functions. Contact us today to learn more about our outsourced payroll and bookkeeping and how it can free up time, ensure accuracy and help you stay compliant with critical regulations.