How to Select the Best Payroll Software for Restaurants
So you are searching through all of the payroll software that is offered trying to find the perfect fit for your restaurant? It can be overwhelming! Purchasing the wrong payroll software for your company can mean lost time and money while also causing unnecessary frustration.
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This payroll software should be able to calculate federal taxes, state taxes, medicare tax, social security tax, your local taxes, and print yours paychecks. Below are some of the top features that the right payroll software should offer as well in order to assist best in running your restaurant smoothly and efficiently!
1: It Is Important To Find A Software That Calculates Your Employee’s Tips Easily
Because food and beverage establishments pay employees tips as part of their wage, and are subject to withholding, it is important to choose a software that can easily and correctly calculate the check for you. If you use a software that automatically determines tip differentials for you, it will save you money in by eliminating the need for an accountant.
2: Find A Software That Lets You Enter Year-to-Date Payroll Information
If you plan to change to a new payroll software mid-year, be sure you purchase an easy to use payroll software! One that will allow you enter year-to-date payroll data for your employees. You don't want to get stuck spending hour after hour entering data for each pay period that has already occurred in the year.
3: Be Sure Your Payroll Software Will Manage Pay Differentials Easily
Restaurant establishments are very unique in that they offer many different opportunities to employees regarding, varied job positions, varied shift differentials, and tips. You will need to find a software that easily allows you to add or change the differential pay for team members. Payroll software should offer, tip calculations, shift differentials, and contractor vs. employee pay rate that is calculated automatically.
4: Bonus To Have The Option To Print Miscellaneous Checks For Vendors
By purchasing a payroll software that doubles as a business check writer for vendors and miscellaneous purchases, you will eliminate the usual workload associated with check writing. Software that does not have to be opened and closed to access another check writer for miscellaneous checks is a definite bonus!
Buying new payroll software for your company shouldn't be a shot in the dark. Identify software titles that have all the features you currently use and would like to use