Payroll,Payroll, ugghhh Payroll

Discussion in 'Business Operations' started by eggy, Mar 29, 2001.

  1. eggy

    eggy LawnSite Senior Member
    Posts: 954

    Well I have looked at all corners of this I do belive and need input on reccomendations, a service or in house or?? Ideas on the price of a payroll service??? Any software for payroll?? Remeber..I am new to payroll any software would need to explain the payroll process pretty well...or maybe a service hmm.....
     
  2. Getmow

    Getmow LawnSite Senior Member
    from VA
    Posts: 445

  3. lbmd1

    lbmd1 LawnSite Senior Member
    Posts: 462

    Eggy,
    We use Paychex, they are a national service. An acount rep comes to your house, sets you up, then you get a payroll rep who calls you each week for payroll hours. The monthly fee ranges, but our average is only about $30-40 month. They deduct everything necessary, cut us checks, transfer the funds out of our account, and sends in all our taxes (and employees)to the IRS for us all for this $30. We are also provided monthly, quarterly, and yearly reports, as well as W-2's are sent out to our employees. We asked them how they do all of this for a lousy $30. They basically told us that the day they transfer the funds from our account to theirs, they earn a days interest from our funds. Multiply that times 330,000 accounts nationwide, and that's some serious bucks. Plus the payroll fee is tax deductable as a professional fee. Go this route if possible, it lets you sleep at night. If you need a number for them, email me.


    Mike
     
  4. GeoffDiamond

    GeoffDiamond LawnSite Bronze Member
    from Maine
    Posts: 1,651

    If your a small co, go with a payroll service. After you get 10 or more employees you may want to start doing it in house.

    Geoff
     
  5. lawnnut

    lawnnut LawnSite Member
    Posts: 87

    Quick books also provides this service withj there accounting.
     
  6. eggy

    eggy LawnSite Senior Member
    Posts: 954

    I do belive a service is the way I will go...my payroll is small..very small....the workers comp policy is the min. amount $7500.00 I hope someone will take me on since it is so small.
     
  7. site

    site LawnSite Member
    Posts: 168

    Find a part time bookkeeper. Mine is self employed and pays my bills and does payroll plus quarterly taxes all for about $80 a week. She charges about $23/ hour. For that price it can't be beat. Takes the pressure off all things financial, and it gets done right and on time. The last thing I want to do at the end of a long day is fight through some tax bill.
     
  8. eggy

    eggy LawnSite Senior Member
    Posts: 954

    site, 80 a week sound very high.....
     
  9. Greenkeepers

    Greenkeepers LawnSite Senior Member
    from NE Ohio
    Posts: 695

    Eggy -

    It sounds like she is doing more than just payroll.. Depending on your area Ahola payroll service is very good as well..
     
  10. eggy

    eggy LawnSite Senior Member
    Posts: 954

    I would hope..haha...I will look into that company, paychex is sounding good so far.
     

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