Every smart payroll manager or HR staffer knows that good tools and automation can make their job that much easier. A robust payroll calculator can be one of those tools. And the variety of payroll calculators that can be used can mean greater accuracy and time savings.
Using A Payroll Calculator To Increase Your Efficiency
A well-designed and robust online calculator can be used as a significant addition to your arsenal of process tools, but should not be seen as a replacement for payroll software or a professional payroll service.
The free online payroll calculators on the Accuchex website, for example, can enable you to compute payroll for hourly or salaried employees. Use these handy tools to do a quick calculation. It is not, however a payroll service replacement.
To use these calculators just enter your staff member’s pay info, and the tool will crunch the numbers as well as show you the amount to pay and how to deduct for taxes. We ensure your computations are accurate with the most up-to-date tax tables, so you don’t have to think about it. Also, the payroll calculator can be used to include overtime, bonuses, or payments.
The following is a brief overview of the three different online payroll calculators you can use on the Accuchex website:
Hourly Payroll Calculator
The per hour payroll calculator estimates take-home pay for hourly employees after tax obligations and other deductions are kept. Merely choose the hourly pay rate alternative to enter the variety of hours functioned as well as the gross hourly price. Click here to try the hourly payroll calculator.
Salary Payroll Calculator
The salary payroll calculator determines take-home pay for salaried employees after tax obligations and deductions. Select the wage pay choice to enter into the gross income amount, and net pay is instantly determined. Click here to try the salary payroll calculator.
Gross-Up Payroll Calculator
With our gross-up payroll calculator, you can compute gross pay based upon net earnings and allow for adjustments in 401(k) contribution quantity, changes in deductions for health and dental insurance and similar scenarios. Click here to try the gross-up payroll calculator.
When calculators and software aren't enough
With these great online calculators you can throw away your spreadsheets and tax withholding tables! But, as we said before, they are not a replacement for a payroll service. The payroll calculators provided on our website are only meant to provide general guidance for your payroll process. They should not be relied upon exclusively to calculate exact taxes, payroll or other financial data.
While these tools are accurate and reliable, they are not intended for tax or legal advice. You should always consult with a professional advisor or accountant regarding any specific payroll issues or concerns. For a more comprehensive approach to getting help with your payroll process, oursourcing it to a company like Accuchex can be a smart choice.
In addition to the time and dollar savings, you can have the peace of mind of knowing that your payroll processes are being handled competently, accurately, and on time is a great reason to consider outsourcing.
On top of that, you can be assured that the accountability and liability for compliance rests with your vendor, freeing you from the constant pressure of staying fully informed and compliant with the ever changing - and growing - rules, regulations, and legislation.
As a business owner or payroll manager you have a number of options for your payroll functions. Software that can be installed in-house or cloud-based programs offer a good alternative. But if you really want to take full advantage of the benefits available to you, outsourcing to a provider like Accuchex can still be the best decision.
Reliability, full-service options, and reputation are the hallmarks of a quality payroll management service provider. If you are currently looking to invest in outsourcing you get your Free Download: Payroll Outsourcing Guide to help you make an informed decision or call Accuchex Payroll Management Services at 877-422-2824.