Payroll refers to the list of a company’s employees and the amount of wages and salaries they are to be paid.
It also refers to the practice of actually processing and distributing those wages.
There are many ways that a business can choose to do payroll.
Some do it in-house using a payroll administrator, human resources department or some other employee who is assigned the important responsibility.
Other businesses choose to hire a company who specializes in payroll, like ADP or Paychex, who charge a fee and take care of the taxes, deductions, paperwork, etc. that goes into running payroll.
Yet others enlist the help of an accountant or bookkeeper, like Sherman Oaks Accounting & Bookkeeping powered by One Source Services, Inc. to do payroll for them.
Sherman Oaks Accounting & Bookkeeping powered by One Source Services, Inc. performs paperless payroll processing for clients in the cloud environment.
Our preferred payroll system is QuickBooks Online Full Service Payroll. We don’t work exclusively with QuickBooks Payroll, though, we also work with ADP, Paychex, and others.
When you hire Sherman Oaks Accounting & Bookkeeping powered by One Source Services, Inc. to do your payroll, we’ll not only take care of paying your employees but we’ll also manage payroll taxes and other deductions, paid time off, 1099s, W2s, and any other payroll-related task or process that you want us to handle.
We also have solutions for improved employee time and location tracking. TSheets is a web-based employee time & location tracking and attendance software that our staff loves and actually uses. We are proud to be certified TSheets Pros.
Combining TSheets with QuickBooks Online Full Service Payroll has simplified the finances of many businesses and freed-up entrepreneurs to focus on the things they love.