When small businesses transition away from manual accounting, inexpensive payroll software is the first purchase. These companies need to protect their bottom line, but the time spent doing manual payroll far exceeds the cost of a simple software tool. There are a number of inexpensive payroll options out there.
Still, not all affordable payroll is made equal. Before making a purchase, it’s important to do your research, isolate the features you need, and consider a free demo software.
Advanced Micro Solutions has an affordable payroll tool designed for businesses of all sizes. This semi-automated software is an excellent way to expedite accounting processes – without the expense of hiring an accountant. An add-on to our helpful W-2/1099 Forms Filer, our accounting and payroll software has everything you need to bring your small business payroll up to speed.
Don’t Compromise on These Payroll Features
Payroll software tools can vary dramatically in quality. This becomes more apparent when shopping for tools within a specific price range. Generally, the cheaper the product, the fewer bells and whistles you’ll have. Still, if you’re shopping for inexpensive payroll software, don’t compromise on any of the following features:
- Automatic Payroll Tax Calculation: Without automatic tax calculation, a payroll software is just a digital platform for manual reporting. Choose a tool that automatically calculates federal, state, and local payroll taxes.
- Opportunities to Personalize: Small businesses have a variety of deductions and additions for which they may need to account. Be sure your payroll software has the ability to define fields for specific benefits, such as a 401K contribution or health insurance.
- Electronic Filing: Most companies file their taxes electronically. That process is easier when you can do that filing directly from a payroll tool. When searching for payroll, ensure the product you choose can electronically file forms 941, 944, and 940.
- Wide Payer/Payee Support: There’s no use investing in an inexpensive payroll software if it can’t accommodate all your employees. Find a tool that supports a large number of both payers and payees.
Finding a payroll tool that guarantees the above features will set a small business up for success. However, it can be difficult to find an affordable software that offers comprehensive support. If you’re in the market for a cost-efficient and user-friendly tool, consider AMS Payroll.
Get Everything You Need with Advanced Micro Solutions
AMS Payroll includes all the above features – and more. In addition to automatic tax calculation, opportunities to personalize, electronic filing, and widespread payer/payee support, this tool supports both checks and direct deposit, includes multiple PC installation, and supports both “live” and after-the-fact payroll. Users can import data from QuickBooks, PeachTree, Excel, and Tab Delimited Text files to ensure an easy set-up. Plus, the software prints client letters, exports data to the W-2/1099 Forms Filer for year-end processing, and updates both state and federal tax tables when needed.
Comprehensive and inexpensive payroll software tools are hard to come by. Advanced Micro Solutions offers a unique product that includes everything you’ll need – all without breaking the bank.