Accounting: Payroll
Payroll automatically generates accurate labor costs
by calculating all your accruals as well as basic pay
items on a line-by-line basis for every timecard. You
will get the most accurate cost of payroll possible.
Even liability insurance and small-tool costs can be
included in the payroll calculations and automatically
posted to job costs. You also can include any of the
standard 401k, 408k, "cafeteria," and qualified
benefit plans to save money on payroll taxes and workers'
compensation.
Payroll supports all workers' compensation systems,
including split rates, hourly calculations, and employee
and employer portions (not all states). Special reports
are available for states with different workers' compensation
calculations, such as Nevada, Oregon, and Washington.
With Sage Master Builder software's unique Form Design
feature, you can create check stubs to accommodate your
special needs and you can print compliance documents
for employees. Use the payroll system's magnetic media
reporting capability for generating W-2s on disk.
You can set up payroll calculations to override basic
employee calculations, calculate only for certain localities,
or use other calculations and create calculations for
specific unions.
The paygroup function enables you to set up a benefit
system and assign it to a paygroup. Then you can use
the paygroup on any timecard line-the pay rates and
benefits will be included automatically and override
the regular employee rates. By taking credit for your
qualified benefit plan, you'll never pay more than is
necessary on prevailing wage jobs.
The Certified Payroll function gives you full credit
for your qualified health or pension plan. The report
is available in a number of formats, including minority
and special state reports. Employee time can be categorized
as exempt while on the job, as in the case of an employee
working in your shop to fabricate materials.
For large payrolls, we offer daily field and staffing
reports. Daily Payroll can be integrated with equipment
management for allocation of equipment repair time and
equipment cost to projects.
|