Can Payroll Software Generate Reports for Labor Cost Analysis and Budgeting Purposes?

Yes, the most comprehensive payroll software generates a variety of reports, including those for labor cost analysis and budgeting purposes. All of your payroll reports should compile the small business’s information in a simple, easy-to-understand format. Look for software that creates reports for yourself as the employer, your employees, and the Internal Revenue Service. An analysis of labor costs through payroll reports reveals patterns or discrepancies in a company’s cash flow and accounting. You can also better understand with payroll software what amount of your budget covers labor costs and where your business needs to reconsider spending habits.

We offer users an array of payroll reports with our AMS Payroll software, including a Payer/Tax Summary, Employee Detail, and Worker’s Compensation. Download our free 1099-etc Demo for an affordable program that helps you better manage your company’s budget.

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.