A year can be divided in multiple ways: 52 weeks, 365 days, or 12 months. This means there are different payroll schedules that a business owner can follow—weekly, bi-weekly, semi-monthly, or a combination of a few. How do you know which payroll frequency is the most optimal for your business? While there are a few factors […]
Payroll
Why Small Businesses Need Payroll Software
As a business owner, you want to focus on what your employees can do for your business—rather than getting bogged down by the nitty-gritty of paying them. How often is your mind centered around administrative responsibilities like payroll? Have you ever incurred interest and penalties from payroll errors? When details, like income types and deductions […]
5 Steps for Choosing the Right Construction Payroll Provider
There is no question that payroll is one of the most important aspects of a construction business that needs to be managed effectively. The sheer size of construction projects, as well as a slew of tax regulations, make construction payroll a complex process. Plus, with a large workforce, payroll can be time-consuming and stressful. A […]
Paying Employees in Canada and the US: What You Need to Know
Though Canada and the US share one of the largest geographic borders in the world, there are some stark differences between the two countries—especially when it comes to the regulations related to paying employees. Curious about what makes them the same or different? Do you have or plan on having American employees working for your […]
Restaurant Timekeeping, Scheduling, and Payroll
Running a restaurant sometimes feels like your hair is constantly aflame. Shift to shift, week to week, serving your customers takes hard work that often goes unseen (and maybe a little unappreciated, too). You don’t have a lot of time to make mistakes, especially when it comes to back-office tasks. Having smart tools that enhance […]
7 Signs Your HR Process isn’t Scalable
Have you ever developed a human resource process as a band-aid to a larger issue? Do you breathe a sigh of relief after every payday because you managed to pay your team correctly and on time? HR problems plague companies of all sizes, from brand new startups to Fortune 100 organizations However, they should not […]
How Timekeeping and Payroll Work Together and Why It Matters
Anyone running a business knows that hiring and paying employees—which we lump together into the category of labor costs—are some of the largest kinds of business expenses. From scheduling and tracking hours to approving and importing those hours into payroll, even the process of managing timekeeping can be unwieldy. Your ability to record and track […]
SMB Bookkeeping: What to Do and When
Managing finances is a top priority for small and midsized business owners. Bookkeeping is a large part of that. Some bookkeeping tasks need to be done only once per year. Others require your attention more often—daily, weekly, or monthly. Here’s a guide to what bookkeeping tasks you need to do and when to do them. […]
Income Tax vs. Payroll Tax: The Difference for US Payroll
Not all taxes are created equal—in terms of responsibilities, at least. When we see the words “income tax,” we may immediately associate them with our personal taxes we file each year. Or we even think of income taxes for businesses. But what really are payroll taxes? And are they really that different from the income taxes businesses […]
7 Tips for Managing Payroll When Cash Flow is a Problem
Money management is a core part of running a business of any size, but it can fall by the wayside when other tasks become distracting. If you stop ensuring that all your sums add up, you might not notice a difference immediately, but soon enough your operation will hit a wall. Worse still, that trouble […]
