Accounting and Payroll Articles & Guides

Published: 10/13/2023

Payroll software developers are continuously working to stay ahead of computer operating systems as well as the technology that can streamline payroll processing. These are some of the features and benefits to look for in a modern payroll program.

Published: 06/26/2023

Paying employees is not a new concept, but the technology that helps employers pay their employees has certainly changed over the years. The entire process of paying employees has gotten much easier with the rapid growth in technology.

Published: 03/24/2023

We (Red Wing Software) asked AI (Artificial Intelligence) to generate a list of the ten best ways to streamline payroll. With the answers generated by AI, we provided our responses to their recommendations from the standpoint of how our payroll software, CenterPoint Payroll, compares. Each AI answer is numbered and in bold, and our corresponding answers are beneath each one.

Published: 12/21/2022

Naturally, the best time to switch to a new payroll system is at the turn of the fiscal year. So, it may be time to investigate your options, settle on a final choice, and begin to prepare for the switchover.

Published: 02/12/2021

The reality is that remote work is here to stay. Surveys show that even after the pandemic finally subsides, many employees across the country will choose to stick with their work-from-home scenario, if the option is made available to them. This is sure to pose new challenges for payroll processing. Here are some tips and best practices for how to adjust to the remote-working new normal.

Published: 05/08/2020

Learn more about how to reduce the time doing payroll and make the payroll process more streamlined.

Published: 09/09/2019

Whether you process payroll in-house or use a payroll service, you likely have a process to enter and track employee information, hours worked, and all the associated necessary information to pay employees.

Published: 07/23/2019

Thinking about moving to a paperless payroll? Learn more about how to get there, step-by-step.

Published: 04/22/2019

There are so many articles being published about moving your payroll to the cloud. Technology is good and the cloud can help in many ways, such as allowing system access from anywhere an internet connection is available. So, are businesses still interested in using payroll software that is installed on their computer? The answer is ‘yes’.

Published: 01/15/2019

The needs of a small business payroll can differ greatly from a large or enterprise business payroll. Smaller businesses have fewer staff to handle payroll, so it’s crucial to have the right system in place to handle that very important task.

Published: 01/15/2019

The goal of this article is to break down the types of payroll deductions, and to offer tips for better managing this crucial payrollelement.

Published: 07/18/2018

These are some of the things our customers tell us are saving them drastic amounts of time and money, and the things that can really remove the headache from the payroll process.

Published: 08/16/2017

So you’re company is making the switch to a newer payroll software application. Now it’s up to you, the Payroll IT manager, to ensure that the process runs as smoothly as possible without too much interruption. Here are some key things to consider for an efficient switch, and to keep your IT team sane.

Published: 08/16/2017

It’s true that employees expect their paycheck to be delivered to them promptly on payday. But did you know there are other ways your payroll program can affect employee happiness?

Published: 08/16/2017

Situation: You are using an outdated payroll solution, and there are distinct benefits to moving forward such as improved efficiency and improved customer satisfaction. But you don’t want to move because the economy seems dismal, and you want to keep your money instead of spending it on software. If you take a closer look, you might just realize that keeping up the outdated payroll system is costing you more than the money it would to purchase a brand new system. Here is why your outdated system can be costing more money and time than you expected.

Published: 08/16/2017

Processing payroll on time is crucial to the management of your business. As your company grows, you may find that payroll processing becomes more complex with tax requirements, multiple employee types, increasing deduction types, and much more.

Published: 08/16/2017

If you have employees, you are aware of your responsibility to file payroll taxes on time and accurately. These days, your business has several options for payroll tax filing. Here are the four major ways available for employers to file their employer taxes.

Published: 08/15/2017

Processing payroll may not be the most fun part of running a business. Over the years, payroll software programs have implemented newer technology that can help ease the complexity and make payroll processing go much faster. These new payroll trends can help the employer gain efficiencies and reduce payroll processing time. Here are some of the ways your business can take advantage of the latest payroll trends.

Published: 08/15/2017

Is it time to search for a new payroll software program? If so, then you should be aware of the newest features available to those who process payroll. By becoming aware of current trends, you can choose a program that will grow with your operation for years to come, and you can also emerge a hero because of improved accuracy, time saved, easier tax filing, happier employees and much more!

Published: 05/25/2017

Are you ready to say good bye to the long green sheets and manually processing payroll, for a long term solution that can streamline your payroll processes and save you time and lots of headaches? This article may just help you make your decision.

Published: 05/25/2017

Carisch, Inc. is a Minnesota based company that owns and manages multiple Arby’s® restaurants. The company started in 1990 with one Arby’s location. Through hard work and excellence, brothers George and Jerry Carisch have grown their business to more than 70 Arby’s restaurants across seven states.

Published: 05/23/2017

With the constant growth in technology, many business processes are becoming more streamlined. Payroll processing that used to be done over several days with paper and pencil can now be done in minutes with the right software.

Published: 05/22/2017

Running your payroll can be time consuming and often, a real headache! Have you taken the time to see what payroll software can do for you?

Published: 05/18/2017

The feature sets among payroll programs vary exponentially more than the number of vendors. All payroll programs are definitely not created equal. When you are conducting your search, be sure to check into the flexibility of these features, which can vary greatly, and which you may not have thought about.

Published: 05/05/2017

Payroll processes have certainly evolved over the years. It wasn’t so long ago when W-2 forms were still being typed up on a typewriter, and payroll calculations were being performed by hand. Thankfully technology has given payroll staff much better options, and payroll can now absolutely be completely paperless.

Published: 04/20/2017

Payroll processing refers to the task of managing the payment of wages by a company to its employees. While the summary of payroll processing sounds quite simple, there are many behind-the-scenes steps that need to take place, before the actual processing work begins.

Published: 04/20/2017

Payroll calculations are of course, only one step in the process of payroll for an employer, though a very important step indeed. Ensuring the correct amount is paid to the employee is not only important to that employee, but also to the state, federal and local government, from whom penalties are incurred if tax filing is incorrect or late.

Published: 04/20/2017

What is a paycheck stub? Learn the components of paycheck stub and the steps that are used to generate paycheck stubs for an employee paycheck.

Published: 04/20/2017

Employers know first-hand that paying payroll taxes can be extremely time-consuming and stressful. In addition to having to calculate taxes, the Federal and state government enforce strict filing deadlines, for which fines can be incurred, if not met. There are a variety of ways to handle the management and payment of payroll taxes.

Published: 05/05/2015

Stiff penalties can be incurred by missing a tax filing deadline for payroll tax returns, or not making a timely payroll tax deposit. Some payroll services provide services that ensure the tax filing is done for you. If you are using an installed payroll system, you will need to manage the filing and tax deposits yourself.

Published: 04/14/2011

Processing payroll on time is crucial to the management of your business. As your company grows, you may find that payroll processing becomes more complex with tax requirements, multiple employee types, increasing deduction types, and much more. To efficiently manage your payroll, you will need to choose the best payroll system for your business to process payroll allowing you to continue to pay your employees on time, ensure taxes are filed promptly by due dates and still have access to the information you need.

Published: 04/14/2011

This worksheet can be used as a guide to help your organization find the best payroll software application for you. Consider each field of information and fill in the appropriate answer for your needs. Send this check list to payroll software vendors you are interested in, or simply use it as a guideline when talking to vendors.

Published: 04/14/2011

The Hiring Incentives to Restore Employment (HIRE) Act was enacted March 18, 2010 with two new tax benefits for employers who hire previously unemployed workers, referred to as “qualified employees”. The first benefit, called the “payroll tax exemption”, allows employers exemption from their 6.2% share of social security on the wages paid to “qualified employees” from March 19, 2010 through December 31, 2010. The second benefit is for each “qualified employee” retained for at least 52 consecutive weeks. Employers will be eligible for a general business tax credit, or “ New hire retention credit”, 6.2% of wages paid to that employee over that 52 week period, for up to a maximum credit of $1,000. Full details of the HIRE Act can be found at the official IRS Web site: www.IRS.gov. Meanwhile, if you are interested in taking advantage of the HIRE Act, there are several ways you can use your payroll software to help you manage the process.