Finding the best payroll software for small businesses can take time that accountants or their firms do not have to search for the right one. Accountants are already acutely aware that they need to find software that meets all of their clients’ needs and their own requirements. Get a customizable program that can provide its users with a full modular suite of tools. Whether a firm has a client with 10 employees or 100 employees, the accountant managing their books should look for software that does not short-change anyone.
Advanced Micro Solutions Payroll Software can be your first and last stop while looking for a small business payroll solution. AMS Payroll operates as an add-on module to our W-2/1099 Forms Filer core product. Process “live” or after-the-fact payroll for clients in all 50 states, as well as the District of Columbia and Puerto Rico.
What are the Best Tools in Payroll Software for Small Businesses?
Payroll software should ultimately eliminate work for you or your firm. Make sure that the system that everyone uses is streamlining your accounting and payroll tasks. Some of the ways that the payroll tools should work for an accountant include:
Automating your clients’ tax calculations and filings. Invest in software that automatically handles your clients’ federal, state, and local tax calculations, filings, and payments. The best software will allow you to automate as much of the payroll process as possible to help reduce the risk of making an error or allowing for any oversights.
Providing customizable reports for clients. Accountants know that each of their clients has unique needs. Get flexible payroll software for small business clients so that you can adapt to each one’s requirements. These payroll reports should include payroll summaries, tax reports, and compliance reports.
Ensuring total and accurate compliance. Compliance is paramount and the regulations for each client will vary based on any number of factors, such as company size and location. Get payroll software with tools that help to ensure compliance with payroll regulations in any of the regions that you cover. Take into consideration what you need now and what you may require later for clients, including ACA reporting, and W-2 and 1099 processing.
Processing client-specific data. Accountants may have a lot on their plate at any given time due to taking care of multiple clients. Find payroll software for small business clients that helps you efficiently manage multiple clients. Explore features like batch printing and your ability to create an SSN verification file.
Why Accountants Need The Top Payroll Software
Just because accountants have a higher level of expertise when it comes to managing payroll, it does not mean that they do not need the top software to support them. Invest in payroll software that supports:
Greater Accuracy – Minimizing the risk of human error in payroll calculations is not just crucial for your clients. Ensuring accurate employee payments and tax withholdings will help to solidify you or your firm as a trusted representative of your clients’ best interests. A strong reputation is what will help keep operations running smoothly for everyone.
Data Security – Never underestimate the importance of robust security measures with your payroll software for small business clients. Protect sensitive payroll data and your firm from potential fallout by ensuring that your software is comprehensive and fully operational for its users at all times.
Reporting and Analysis – Avoid settling for a program that acts more like a calculator or a number-cruncher than an actual resource for you and your clients. Payroll software should enable users to generate detailed reports. The reports should highlight insights into payroll expenses, tax liabilities, and any additional relevant data.
Regular Liability Updates – Make sure that you regularly update your payroll system so it reflects the latest federal, state, and local liabilities. Accountants know that the tax laws and regulations are constantly changing. Ensuring compliance for your clients is only possible if payroll software is completely functional and up-to-date.
Get Started with AMS Payroll
There is no need to take our word for it on the best payroll software for small businesses. Try our free 1099-etc Demo software and get a clear idea of how the program is built from a base software. Learn about what you can add onto it with our other packages based on your clients’ specific needs. Our modular suite of tools can include up to six optional add-on tools. The other five modules aside from AMS Payroll are: E-File, Software Generated Forms, Forms Filer Plus, 1042-S Filer, and an Affordable Care Act Filer.