Payroll services firms outsource the employee compensation process. These services can calculate employee pay, make payments to employees, and generate tax forms such as W-2s. Many payroll services providers offer a self-service interface for employees to enter hours worked, update personal data, and access tax information. In addition, payroll services providers commonly offer employers detailed reports on employee compensation and labor. Generally, payroll services firms coordinate with human resources or accounting departments within an organization. Some businesses may instead choose a more hands-on approach and manage their payroll process using payroll software.
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Paychex PEO services and Paychex PEO+ join employees with the employees of other companies to gain efficiencies of scale. Professional employer organizations can also help company manage employee relations issues that may result in litigation risks and potential regulatory penalties.
AccountingDepartment.com, LLC is a firm that provide bookkeeping and accounting services for the small to medium business market to streamline and improve their accounting and bookkeeping functions with cutting-edge technology, forward-thinking culture and dedicated, full-service expertise.