Finding the best W2 software for payroll reconciliation is a good first step toward preparing your business’s taxes and monitoring all of your expenses. Ensure that you correctly pay each one of your employees with a comprehensive and trustworthy W2 software program. A reliable system for W2 software often comes with add-on and customizable features. Keep up with each of your business’s payroll deductions and taxes with an easy-to-use, full accounting suite of tools.
Invest in software like Advanced Micro Solutions when you want complete control over your W2 tools and when you choose to purchase them. We created our W2 and 1099 software with both small businesses and accountants in mind. We also know that small businesses have individual needs for payroll reconciliation. Spend less time on navigating any software learning curves and improve how quickly you complete your tasks.
Steps to Take When Using W2 Software for Payroll Reconciliation
Utilize W2 software to prepare ahead of time for payroll reconciliation. Eliminate doing these tasks by hand and save your business unnecessary overtime expense and labor. Using W2 software allows you to:
- Check a payroll register for complete accuracy. Review all the details about your employees’ payroll for each pay period. Check the accuracy of all their names, birth dates, Social Security numbers, and employee numbers. Confirm whether an employee recently changed their payroll withholding status or the number of allowances. W2 software should reflect new employees on your payroll register.
- Confirm each of your employees’ working hours. Account for an employee’s paid time off, unpaid time off, vacation time, sick days, overtime, and holidays with W2 software for payroll reconciliation. Verify your payroll register when you confirm the hours that an employee works. Eliminate time cards and timesheets when you introduce more advanced W2 technology.
- Better guarantee that withholding and payroll deductions are correct. W2 software allows businesses to better ensure that they withhold the correct amount from employee paychecks. A good place to start is confirming that your business withholds Social Security, Medicare, federal income tax, and state income tax (when it is applicable).
- Review all of the pay rates for your employees. Spend less time flipping through your payroll register to determine if the numbers are current. W2 software can reflect when your employees get raises. Update a pay rate or apply any new overtime rates with greater efficiency when your business uses W2 software for payroll reconciliation.
What W2 Tools Does My Business Need?
Streamline your business’s accounting and payroll management with the most comprehensive and detail-oriented W2 features. Features that make the process of reconciliation easier are:
- Easy Data Entry – Make payroll reconciliation more straightforward with an easy-to-use base program like AMS software. Enter the necessary data onto software entry screens that reflect the actual forms and documents. Spend less time and money on purchasing the forms that a business needs ahead of its deadlines.
- A Common Payee File – Select a payee across payers or 1099 forms without inputting the same information more than one time. Payroll reconciliation can become tedious without an accessible software system that cuts down or eliminates any redundancies.
- Browse Command – Spend less time learning how to use your W2 software for payroll reconciliation. Get software with a Browse command tool. Users may enter the employee information and data with a spreadsheet format. Needing to focus less on your software’s possibly extensive ins and outs gives you time to work on the other important areas of the business.
- Table Report – Automated W2 software makes it easier to check your data entry accuracy. Find software that includes a Table Report. Generate hash totals of Social Security numbers and Taxpayer Identification numbers with only a few simple clicks.
Get Started with AMS Software
Advanced Micro Solutions’ W2/1099 Forms Filer is a base program with six optional add-on modules that make up a full accounting suite of tools. The modules are AMS Payroll, E-File, Software Generated Forms, Affordable Care Act Filer, Forms Filer Plus, and a 1042-S Filer. Access our complete database system to generate many different 1099s, W2s, and related forms. Our W2 software for payroll reconciliation allows users to export all of the AMS Payroll data over to the W2/1099 core product with minimal effort.
Download our free 1099-etc Demo software today for an almost fully functional version of our system. Our product supports up to 99,999 employees or recipients per payer. Do payroll reconciliation tasks across all 50 states, plus the District of Columbia and Puerto Rico.