Getting the Most Out of Small Business Payroll Software for 2023

Explore all of your options with small business payroll software for 2023 taxes. A trustworthy program helps small businesses whether you have five or 50 employees. Look for a software vendor that provides a reliable system with a variety of tools for you to utilize based on your business’s current and future needs. Any payroll software should do its best work for your business. Avoid only investing in a program that you see others using if your business’s or industry’s needs do not align with the system.

Advanced Micro Solutions Payroll Software is an affordable and customizable solution for small businesses. Our add-on payroll software and optional full accounting suite of tools supports all 50 states, plus the District of Columbia and Puerto Rico. Invest in our easy-to-use, menu-driven system as you prepare to streamline your payroll management tasks.


Benefits of Small Business Payroll Software for 2023 Reports

A comprehensive and computerized payroll processing system benefits companies of any size. Some of the major benefits of finding and using payroll software for your small business are:

Quicker Turnaround – Work out your business’s payroll deductions and calculations quicker with advanced payroll software. Businesses rely on employees to maintain their operations. Employees not receiving their paychecks in a previously established timeframe may result in retention concerns. Payroll software helps to keep everyone satisfied and on course.

Increased Accuracy – Avoid unhappy employees and unpleasant drop-ins from the Internal Revenue Service. Use payroll software to ensure that your small business provides accurate payslips and tax reports to all parties. Small business payroll software for 2023 deadlines will not eliminate the risk of making mistakes. Software can save your business money by limiting the frequency of avoidable human errors.

Streamlined Tax Knowledge – Understanding tax legislation can become a complex and exhaustive process. Look for payroll software that incorporates tax tables and/or guides to better understand what federal and local agencies expect from your business. Find payroll software that automatically calculates federal, state, and local payroll taxes for you.

Automation Capabilities – Automate specific payroll tasks by using advanced payroll software. Year-end reporting does not need to creep up on you or any of your colleagues. The best small business payroll software for 2023 filing deadlines will allow you to complete and send the forms directly from the program to the applicable agencies.


What are Must-Have Payroll Software Features?

Simplify filing for tax year 2023 with the most up-to-date and relevant payroll software features. Some of the most important tools to look for are:

Multiple Payment Distribution Methods – Small businesses benefit greatly from software that offers direct deposit and check printing options. You may hire different types of workers or pay a part-time employee or independent contractor in a different way from the full-time employees. A trusted payroll program with direct deposit capabilities eliminates the need to print and distribute paychecks each payment cycle.

Payroll Reports – Customize your essential payroll reports with small business payroll software for 2023. Make sure that you purchase software with all the reports that you may need. Setting up these unique reports will allow your business to access easy insights. Track critical metrics for your business with these customizable reports.

Built-in Tax Tables – Take the guesswork out of making your business’s deductions. Look for software that includes built-in tax tables. The tables should automatically and regularly update so that they reflect the latest tax rate changes.

Data Security – Do not underestimate the value of enhanced data security. Cloud-based payroll software comes with a certain degree of risk in terms of hackability and data leakage. Take time to consider the advantages of a disc-based system. Access many of the same tools or features with the ability to encrypt and store your data on an office’s internal device.


Why Small Businesses Choose AMS

Processing “live” or after-the-fact payroll should not consume your daily responsibilities. AMS’ small business payroll software offers easy payer and employee setup. Create up to 40 User Defined Fields for your deductions or additions, such as 401Ks or health insurance. Our system processes employee direct deposit information and prints MICR checks. Print over 30 different check types individually or by a date range. We support federal payroll forms, including forms 941, 940, 943, 944, and 1040 SchH.

Download our free 1099-etc Demo software today and explore how our base W-2/1099 Forms Filer program interacts with all six of our optional add-on modules. The modules include: AMS Payroll, Affordable Care Act Filer, E-File, Software Generated Forms, 1042-S Filer, and Forms Filer Plus.

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.