Thankfully, technology has simplified this process significantly. Even small businesses needed to invest way too much time into things like calculating payroll manually, tracking hours, writing checks, and calculating taxes. Old-school methods for payroll tracking were incredibly time-consuming. But is this the right payroll software provider for your company’s unique needs? QuickBooks Payroll is our favorite payroll service for fast direct deposits, as well as for existing QuickBooks users. It’s best to set up your payroll system early and then add employees and contractors to it as your business expands.īy the time you have even one or two contractors and/or employees working for your business, payroll software can dramatically simplify your financial operations. In our experience, far too many entrepreneurs overlook payroll software until they desperately need it, at which point it can take some time and effort to set up.
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