Software Features in 2023 Construction Payroll Reporting

You truly need to carefully monitor the best ways for your business to manage construction payroll reporting in 2023. Construction payroll has its own specific requirements that are different from many other industries. These requirements range from understanding the role of certified payroll to prevailing wage laws. You need a payroll program that meets all of your construction industry needs and provides the basic tools required to run any business. Start by asking yourself whether your construction company is as efficient and productive as possible. Finding new payroll software may be a first step toward ensuring that your business works smarter throughout tax year 2023.

Advanced Micro Solutions Payroll Software offers automated features that include everything from payroll calculations to direct deposit and paycheck processing capabilities. Download our free software demo today to better understand how adaptable and intuitive our software is for the construction industry.


Why Do You Need Software for Construction Payroll Reporting in 2023?

Payroll reporting can feel daunting for small businesses under regular circumstances. Running payroll for your construction company comes with its own set of complexities. A business must consider factors such as who you hire to outsource work and the forms that you need to submit for each tax year.

You hired construction workers for more than one job position. Streamline how you keep track of employees across multiple jobs and unions. The employees may have different rates to take into account. Make sure that you compensate your construction workers with the accurate amount for federal and overtime pay.

You need to report multiple pay rates. Make construction payroll reporting for the 2023 tax season easier with software that supports multiple pay rates. One worker might earn an hourly wage for one project and earn a different rate when they work on another site. Software can simplify the way that you track hours and process pay rates for any overtime work.

You have multi-state and multi-city requirements. Do you manage payroll for employees that live in a separate state from where you run your business? Perhaps you operate your business in more than one state or an employee works in multiple states. Reduce the complexities of tax year 2023 with a program that keeps you compliant and aware of deadlines, regulations, and all federal and local laws.

You need help completing certified payroll reports. Use certified payroll reports for 2023 construction payroll reporting when your construction company works on a special military or government-funded federal project. A business must complete Form WH-347 for each of the workers on these projects. Generate the reports more efficiently with a payroll system that provides Software Generated Forms capabilities.


How to Streamline Construction Payroll Management

Construction companies need the most efficient software that allows them to focus on their projects. Consider the following tips to streamline how you run your payroll in the future.

Correctly Classify Employees – Classifying workers is sometimes straightforward, but is not always cut and dry in the construction industry. Decide early if you want to hire employees or independent contractors or a combination of both types of workers. Your construction payroll reporting requires you to classify workers accurately to avoid paying expensive fines. Good payroll software allows you to generate forms for either of these worker classifications.

Make Payroll More Collaborative – Make sure that employees stay on top of clocking in and out every day. Establish the importance of them entering the details for their breaks or mileage during their work days. A single error can create a much bigger problem if you do not notice or immediately rectify it. All involved parties need to fulfill their own duties.

Eliminate Paper – Automate all of your reporting once you get rid of paper time cards. Entering data should not consume your day or week when your business has other important tasks. Use payroll software to quicken the overall process and avoid needing to decipher the handwriting of your employees.


Why Construction Companies Use AMS Payroll

Use software for 2023 construction payroll reporting that adapts to all of the changing industry trends and standards. Our payroll software processes “live” or after-the-fact payroll within all 50 states, plus the District of Columbia and Puerto Rico. The add-on module supports up to 1,999 payers and up to 9,999 employees per payer. Our modular suite of tools allows businesses to eliminate paper from the process. Users can build off our W-2/1099 Forms Filer software with Software Generated Forms and E-File modules. Send all reports, like certified payroll reports, with greater ease and organization.

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.