The Ins and Outs of Payroll Software for Catering Companies

Invest in payroll software for catering companies as an important step in solidifying your catering business’s future. Catering business owners know the challenges of the industry better than anyone. Whether you need to focus on juggling menus, orders, invoices, or staff, keep track of all the business’s moving parts. Find payroll software that integrates with your existing software. Do not settle for cheap-quality payroll that creates additional work for you. Inexpensive payroll exists and is comprehensive and trusted across industries. Search for the right system that offers the features that you need and the tools that you may want in the future.

Advanced Micro Solutions Payroll Software is highly adaptable and affordable. Get software that will grow with your business. Customize the features that you want now or later without worrying about overpaying or discovering hidden fees.

 

Why is Payroll Software for Catering Companies Necessary?

Improve your overall business and your employee relationships with reliable payroll software. Some reasons why it is worth getting catering payroll software sooner rather than later are:

Employees know that you will pay them on time. Look for a payroll program that offers multiple forms of payment distribution. The best payroll software has check printing and direct deposit capabilities. Give yourself options or the ability to ask employees what they prefer. Employees who trust they will receive timely compensation are more likely to stay with you.

It is easier to stay organized as you expand your business. Store your records and forms for as long as the Internal Revenue Service says with payroll software for catering companies. Lower the risk of losing or misplacing important documents in or around tax season. Prepare your catering business for any unexpected audits from the IRS.

You will not need to manually look up tax laws in multiple jurisdictions. Speak to your prospective vendor about whether the payroll software includes regularly updated state and federal tax tables. Eliminate the time spent looking up tax regulations in different states and regions. Focus that extra time on everyday catering tasks.

Certain payroll software supports payroll and non-employee compensation. Consider whether you will employ only W2 workers or if you will hire independent contractors. Speak ahead of time with a payroll vendor about whether or not their payroll software for catering companies accommodates more than one worker classification.

 

Essential Tools in Catering Payroll Software

Look for tools that reduce your work rather than add to it. Some of the best payroll tools for any catering business include:

“Live” or After-the-Fact Payroll – Meeting deadlines is crucial when you operate a business. Keep in mind that there are times when your business will need to run its payroll after the fact. Give yourself that flexibility and look for software that can handle these requirements.

Automatic Calculations – Invest in software like AMS that automatically calculates the federal, state, and local payroll taxes for your business. Minimize the likelihood of your business making errors or needing to submit corrections to the IRS.

Multiple Federal Payroll Forms – Get strong payroll software for catering companies with a variety of relevant federal payroll forms. Make sure that you know which forms your company needs both quarterly and annually to meet all employment tax requirements. Some common forms that AMS offers are the 941, 940, 943, 944, and 1040 SchH.

Complete Integration – Check the sources your potential payroll software allows you to import and export data. Find a program that integrates with programs like QuickBooks and Excel if you use those third-party applications. Confirm the sources before you purchase any program.

 

Why Choose AMS Software?

Get started with new software today to protect your business in the short term and long term. Download our free 1099-etc Demo software and see how AMS designed its software with small and medium-sized businesses in mind. We support businesses and their employees in all 50 states, plus the District of Columbia and Puerto Rico. Explore our payroll software for catering companies and its ability to export data to our W2/1099 Forms Filer for year-end processing.

Our demo showcases the six optional add-on modules to our W2/1099 base program. These modules include AMS Payroll, as well as: E-File, Software Generated Forms, Affordable Care Act Filer, 1042-S Filer, and Forms Filer Plus. Use the demo to determine the combination that makes the most sense for your business. Electronically file your year-end W2 and 1099 forms to the IRS or Social Security Administration with just the add-on module or together with a full accounting suite of tools.

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.