Explore the best options for W2 software for compliance in order to cover all the moving parts of restaurant payroll. Avoid losing track of important details and overlooking payroll compliance regulations in your day-to-day work. Comprehensive W2 software keeps you up-to-date on all the essential federal and state liabilities. Look for a program that covers as many locations as your business requires now or in the future. Benefit from multi-state geolocation support as a restaurant chain.
Advanced Micro Solutions’ base W2/1099 Forms Filer program operates alongside six optional add-on modules. AMS Payroll exports data to the W2/1099 system with just a few simple clicks. We support our users across all 50 states, plus the District of Columbia and Puerto Rico. Use a View command feature to see different federal and state tax liabilities at any time.
How to Choose Restaurant W2 Software for Compliance
Keep certain considerations in mind as you choose your next software. Determine the best W2 restaurant software by asking yourself:
Will the software keep my business compliant? Adhere to all of the applicable labor laws and tax regulations with W2 compliance software. Look for a program that will automatically update its system to reflect any changes. Reduce the likelihood of non-compliance with your up-to-date information on tax rates and regulatory changes. Confirm that the system handles minimum wage requirements and tip credits within the food service industry.
Is the software scalable? Keep up with your mounting payroll needs as your restaurant chain expands. Select W2 software for compliance in restaurants that will scale alongside your type of business. Ask a provider how their software handles new locations and employees. Reflect on whether you will need different pay structures and whether the software supports the need.
Does the software offer a user-friendly interface? Streamline the way that you manage your administrative tasks with W2 software. Simplify the accounting or payroll process with software that is use-friendly and has an intuitive, menu-driven interface. Reduce the likelihood of major errors that will bring significant consequences.
How much training will my team need? Think about whether you will bring on an in-house accountant or assign bookkeeping tasks to an existing employee. Get software with a minor learning curve. Guarantee that whomever uses W2 software with compliance requirements will not run into obstacles or encounter extra work.
Which W2 Tools Does My Restaurant Need?
Try not to take any W2 software tools for granted. Identify which fundamental tools are absent from your current accounting and payroll management processes. Invest in software with:
“Live” or After-the-Fact Payroll – Record payroll values for your restaurant’s compliance reporting and any other purposes with after-the-fact payroll. Make sure that a software you select provides that capability if you do not plan to hand off payroll to an accountant.
Multiple Payment Distribution Methods – Process employee direct deposits and print checks with certain W2 compliance programs. Keep your options open and talk with workers about the method that they prefer. Aim to ensure that everyone is happy with the chosen W2 software for compliance in restaurants.
Table and Worksheet Reports – Ask a potential vendor whether their software will allow your business to print table and worksheet reports. Confirm what other options are available for you to print. Software like AMS lets users print client letters, recipient lists, and mailing labels.
Easy Integration – Import the restaurant’s data from multiple third-party sources. Always make sure to confirm the W2 software integrates with your other used programs. Third-party systems may include Excel, form print files, and ordinary text files.
Why Restaurants Choose AMS Software
Get started with AMS software today before you run into compliance difficulties. Download our free 1099-etc Demo software and see how our core product interacts with six optional add-on modules. The other modules with AMS Payroll are: Software Generated Forms, E-File, Forms Filer Plus, 1042-S Filer, and an Affordable Care Act Filer. The demo is fully functional with a few minor exceptions. Enter your restaurant’s real data into the system. Our system transfers the data once you purchase the program.
AMS software is a highly affordable option for small businesses or chains that need to simplify payroll processing with W2 software for compliance requirements. Use the Browse command feature and enter data within a spreadsheet format. Save data automatically in W2 software whenever you access a new record or form. Improve the restaurant data’s accuracy when you generate hash totals of SSNs and TINs with our Table Report tool. Email encrypted reports to the appropriate parties directly from the W2 software. Save yourself time and effort when you batch print other reports and forms for multiple payers.