Small restaurants and chains benefit from automated payroll tax filing services. Automated payroll software is often scalable. The programs can offer what a restaurant needs when it needs it. You should not need to buy an expensive program that overextends a restaurant’s budget. Look for a payroll system with other add-on modules. Whether you just need payroll software or want to take it further with e-filing or generating your forms, there is an affordable and trustworthy solution.
Build a full accounting suite of tools with Advanced Micro Solutions Payroll Software. The add-on software is one of six optional add-on modules to the W-2/1099 Forms Filer base program. Enter a restaurant’s payroll and non-employee compensation, plus other 1099 information, by check throughout the year.
How to Choose the Best Automated Payroll Tax Filing Services
There is no one-size-fits-all approach to selecting the best payroll software. Identify baseline tools that are worthwhile for all business types and sizes. Restaurant tools to look for include:
Automated Calculations – Invest in restaurant software that allows you to automate the way that you calculate salaries, wages, overtime, and deductions. You should be able to set up the predefined rules and regulations. Reduce errors and improve accurate and timely payments with comprehensive software.
Tax Compliance – Speak with a prospective software provider about how they equip their software. The best restaurant software will offer you automatic payroll tax calculations and reporting features. Use automated payroll tax filing services to maintain your restaurant’s compliance with all local, state, and federal tax regulations. The software should be able to handle more than the calculation and submission of income taxes. Make sure it can support Social Security contributions and any other relevant deductions.
Direct Deposit and Payment Processing – Facilitate direct deposits with a restaurant payroll system. Free trials and demos should let you see whether your business can transfer employee wages directly into a bank account. Save time and enhance your overall security with the most reliable restaurant payroll system.
Time and Attendance Tracking – Work more efficiently when you have integrated time and attendance features in your payroll software. Automated payroll tax filing services monitor employee work hours better than if you try to manually oversee it. Maintain more accurate calculations of overtime work and improve your business’s adherence to all labor laws.
Why Do Restaurants Need Automated Payroll Tax Software?
Implement specialized payroll software to ensure a greater overall efficiency and results-driven success for your restaurant. A dedicated payroll program can benefit your restaurant in several key ways.
You will save time that can be spent in other areas of the business. Keep up with changing and fast-paced restaurant industry rules. Prioritize how you spend time by eliminating repetitive payroll tasks. Worry less about calculating the hours worked and processing payments when you get the best automated payroll tax filing services.
Your wage calculations will be more accurate. Payroll software should make your life less complicated. Make sure that the software does not add more responsibilities as you strive to follow all complex pay structures. Get a system that handles hourly rates, tips, overtime, and bonuses with automated features. Reduce the risk of errors and improve each employee’s overall satisfaction.
You can improve your tip management. Managing tips and gratuities can get complicated if you have no software or an inefficient program. Get trustworthy software that streamlines how you fairly and accurately distribute tips amongst staff. The software will also simplify how you record tips for tax purposes and help you stay compliant with labor laws.
It is easier to streamline the way that you keep records. Keep easily accessible records for as long as the IRS requires it with restaurant payroll software. Streamline how you prepare for audits. A payroll system helps guarantee that you have all necessary forms and documents if you need to show regulatory compliance.
Get Started with AMS Payroll
AMS Payroll is an affordable, customizable solution for restaurant owners who need automated payroll tax filing services. Our software processes “live” and after-the-fact payroll across all 50 states, plus the District of Columbia and Puerto Rico. Download our free 1099-etc Demo and enter real data into the system. The software has easy payer and employee set-up. It supports up to 1,999 payers and 9,999 employees per payer.
There are five other optional add-on modules to build your accounting suite of tools. The other modules are: E-File, Software Generated Forms, Affordable Care Act Filer, 1042-S Filer, and a Forms Filer Plus. AMS Payroll focuses on automatically calculating the federal, state, and local payroll taxes. Process any employee direct deposit payroll information or print over 30 different check types individually or by a date range.