The Money Blog

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Payroll

Oh, gosh!! Everyone LOVES to get paid ... weekly, bi-weekly is most common ... 

The 'old' way with the ledger book with column headers of Fed w/h, State w/h, FICA (SS & Medicare) and any other deductions that the company may offer to its employees.

But, first starting out offering payroll and hiring employees is a major step with a company that wants to do right by paying their employees. 

Then there's the Payroll Accountant to set up the payroll for the employee. With today's direct deposits and payments to the various reporting agencies can be mind boggling to have the certain authorizations in place to properly enter the employee's information and the company's banking information to pay out the wages and taxes!

The process to get to the FIRST payroll is a tad daunting, but doable ... making the circle work between company and employee has a few hurdles ... but, it's all good ... 

THE PROSPERITY NEWSLETTER

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