How Do Online Payroll Services Work?
Online payroll services are a cloud-based solution for businesses to manage and run payroll from anywhere. We at LCAF Payroll Services are a leading-edge provider for online solutions, with 128-bit encryption on secured servers dedicated to managing your payroll data.
What kind of service can you expect from our online payroll solution?
- Running payroll: The online payroll portal will automatically calculate and run the direct deposit or checks accordingly for each pay period.
- Payroll taxes: Our cloud-based system will withhold employee taxes, file quarterly payroll tax reports and pay the appropriate state and federal agencies. The portal will also issue W-2 and 1099 forms each year.
- Integration: Connect your payroll system to Quickbooks or other integrations to provide you with more accurate financial records.
- Report filing: Get detailed reporting for a variety of payroll needs. System also completes required reports to be filed with federal, state and local governments.
- PTO: Track your employees paid time off and allow them to request time off with approval or denial from management.
The biggest advantage of using business automation software such as our online payroll portal is that it does all the work – payroll calculations, tax payments, year-end forms, etc – for you.
As with any business automation, there is significant cost savings over more traditional non cloud-based payroll services. Contact us today for a free quote.
