Some businesses use a payroll systems provider that offers a comprehensive, integrated solution that can be used effectively by in-house accountants. Other businesses use a combination of old-fashioned accounting, free bookkeeping software, and third-party payroll services to cobble together a functional payroll solution without making a major investment in software. Still other businesses hire third-party payroll services, which make things easy logistically but which have fees that can add up quickly over time.
With Advanced Micro Solutions (AMS), you can get comprehensive and customizable support at a great price. One of the things our system does better than the rest is to integrate your payroll information with your quarterly and end-of-year employer filings. It’s one thing to make the individual calculations and write payroll checks for discrete pay periods. It’s another thing to track, aggregate, verify, deposit funds, report, and file this information on a semiweekly/monthly, quarterly, and annual basis.
How to Set Up a Payroll System
Many businesses look to upgrade or otherwise improve a payroll system that is no longer meeting their needs. Every new business will have a certain number of initial steps https://www.sba.gov/managing-business/running-business/managing-business-finances-accounting/10-steps-setting-payroll-system
they need to take to set up their payroll system. Some of these steps are procedural requirements to comply with federal and state employment laws. Other steps are themselves huge projects that demand industry-specific strategies and detailed planning. Employee benefits packages can be critical to recruiting and retaining the skilled employees you need. These types of benefits typically create a number of payroll adjustments. Finally, it’s worth noting that doing a cost comparison of your payroll systems provider is itself part of setting up a payroll system.
Our Modular Approach as a Payroll Systems Provider
Our sophisticated module interaction means you can pick and choose what features make sense for your business—and without sacrificing the reliable efficiency of our intuitive, menu-driven interface. This is a big part of what makes our solutions so cost-effective. You can get our platform software and AMS Payroll—already a powerful combination—for as little as a couple hundred dollars. Alternately, you can buy a fully loaded payroll, form printing, and e-filing software suite for just $500-$600. In contrast, payroll software services typically start at $50/month for a basic system and go up from there.
Popular Features from AMS Payroll
- Excellent for meeting all small business payroll software needs.
- Automatically calculate federal, state and local payroll taxes.
- State and Federal tax tables are updated as needed.
- Up to 40 User Defined Fields for deductions/additions.
- Processes direct deposit payroll as well as over 30 different types of checks.
- Prints MICR checks – with Software Generated Forms.
- Supports Federal payroll forms such as the 941, 940, 943, 944 and 1040 Sch H. See complete forms list.
- Includes SUI forms for all 50 states, the District of Columbia See complete forms list.
- Includes the ability to magnetically/electronically file 941, 944, and 940 forms as well as state quarterly returns.
- Tax deposit information and disbursements can be recorded.
Smart Business Software Solutions
As a testament to the versatility of our software, AMS is a payroll systems provider for small business owners, in-house accountants, and independent payroll service firms. Put another way, we offer an unmatched combination of advanced payroll features and user-friendly performance. Nevertheless, we don’t expect you to simply take our word for it. We always recommend that you check out our Testimonials page, but another great way to see what our software can do is to download our demo software. Still have lingering questions? Don’t hesitate to call our Sales and Information team at (800) 536-1099.