[This post originally appeared here in 2015, but it is still a valuable resource for many smaller businesses. While software and online tools continue to change and proliferate, quality tools such as payroll calculators continue to provide a great asset.]
One of the biggest considerations every small business owner has is time spent doing work that could be either delegated or automated. With the evolution of digital tools and online services, much of what you find yourself or your managers doing can and probably should be eliminated.
Using an hourly payroll calculator, either online or as an app on your own computer, is a great way to reduce much of the tedious work involved in processing payroll every pay period. It can free you from having to do all the payroll tax filings and payments.
One of the features you will want to look for is a calculator that is either set up for your particular state, or one that can be set for the state you are in.
Of course, if the payroll calculator you choose is to be efficient it means that the originator is keeping up with federal, state and local laws, regulations and changes. In addition, depending on the version you choose, you should have access to support for any questions or problems you might have.
One of the excellent features of the Accuchex website is our selection of payroll calculators that are available for free. Here is a brief description of each one:
Hourly Payroll Calculator
The per hour payroll calculator estimates take-home pay for hourly employees after tax obligations and other deductions are kept.
Salary Payroll Calculator
The salary payroll calculator determines take-home pay for salaried employees after tax obligations and deductions.
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) contributions, deductions for insurance and similar scenarios.
While using calculators and investing in the best available software are viable options, the next step you should consider is outsourcing. This can be simply outsourcing one process such as payroll. However, with a full-service provider such as Accuchex, you have additional options for outsourcing as well.
Let Accuchex help you in managing your HR needs, payroll processes, and staying on top of compliance demands. Get your Free Download: Payroll Outsourcing Guide to help you make an informed decision or call Accuchex Payroll Management Services at 877-422-2824.