Do Accountants Really Need Popular Payroll Software?

Getting popular payroll software may seem redundant when you already know how to handle the books. Yet one of the benefits of getting a popular program is knowing that the system is trustworthy and likely comprehensive. But it is also crucial to look beyond a payroll system’s popularity. Speak directly to a vendor and try out a demo or trial. Take the software into your own hands and see if it will serve you and your clients in a way that you need. Whether your current system is falling short or you need a change, we can offer accountants a reasonably priced solution.

Advanced Micro Solutions Payroll Software is an add-on module to our base W-2/1099 Forms Filer program. AMS Payroll supports “live” or after-the-fact payroll across all 50 states, plus the District of Columbia and Puerto Rico.

 

Why Should Accountants Consider Popular Payroll Software?

Accountants know the ins and outs of payroll, but that does not mean they do not need support. Handling payroll is a repetitive and data-driven task. Streamline how you handle payroll cycles with a system that is equipped to handle complex accounting issues. The best payroll software should:

Take care of payroll tax deductions and remittances. Every accountant understands the importance and sensitivity of payroll remittance. Failure to secure appropriate software may result in avoidable errors that lead to your clients facing some significant penalties from the Internal Revenue Service. Certain tax software handles your calculations and allows you to make the process as automated as possible.

Reduce the risk of costly errors for your clients. Popular payroll software can help you to solidify your reputation as a trusted accountant. Accurately taking out taxes for your clients is not an area that an accountant ever wants to make errors in and a good system can help you. Although automation and technology is not a foolproof solution, an up-to-date system has an easier time identifying and flagging irregularities.

Integrate with any other relevant systems. Integrating your payroll software with your tax software and accounting software can create a complete system for you or your firm. Get a system that requires less run-arounds with compatibility. Using a system like AMS makes an accountant’s job much easier with its modular capabilities.

Produce a consistent and reliable digital paper trail. Look for popular payroll software with proper financial tracking. Maintaining fiscal compliance will protect you and your clients during any audits that are conducted by the Internal Revenue Service. Utilize an automated system to make sure that you can access any necessary files with just a few simple clicks.

 

Best Payroll Features for Accountants

Accountants use all sorts of different payroll features for each of their clients. Clients’ needs and requirements may change over time, but certain tools are fundamental with the best software.

Multiple Form Support – Look for payroll technology that supports all of the forms that your clients are required to send to local, state, or federal agencies. Our popular payroll software supports federal payroll forms such as the 941, 940, 943, 944, and 1040 SchH. We also give users access to SUI forms for all 50 states, plus the District of Columbia and Puerto Rico.

Broad Geo-Location Reach – Keep in mind that your client list may expand over the next five to 10 years. Think about whether or not you will offer your services across state lines and what that might mean in terms of your current software capabilities. Avoid getting boxed into a corner whether you have five clients or 50 clients.

Extensive Payroll Reports – Accountants know that the location and industry of their clients will influence the payroll forms that they need to complete and file. A system like AMS Payroll offers a variety of payroll reports for accountants, including Payer/Tax Summary, Employee Detail, and Worker’s Compensation.

Modular Capabilities – A full-accounting suite of tools can be much more beneficial for an accountant rather than relying on multiple software systems. Purchasing new programs as clients need certain tools may be more costly than a fully-integrated database.

 

Get Started with AMS Payroll

Getting popular payroll software requires careful consideration about how it will affect you, as the accountant, and a client. AMS Payroll offers easy payer and employee setup. Support up to 1,999 payers or up to 9,999 employees per payer. Download our free 1099-etc Demo software today. See how AMS Payroll operates in conjunction with five other optional add-on modules. The modules are: E-File, Software Generated Forms, Forms Filer Plus, 1042-S Filer, and an Affordable Care Act Filer.

Software Solutions from AMS

Our W-2 and 1099 Forms Filer is our only required platform. From there, users pick the services they need. Choose from the tools below to build out your customized accounting software.