You’ve Got To Get Payroll Right
If you are a business owner, you are probably busy 24/7 and can’t always give each required task your full attention. If you get to the point where you have to put something on the back burner, make sure it’s not payroll. Workforce Management Suite has convenient, powerful tools to help you avoid these common payroll mistakes.
1. Inaccurate Time Cards
Manual timekeeping systems that necessitate staff members to log hours on a paper timesheet are susceptible to errors that are both intentional and accidental. Employees often record their authorized shift start time even when arriving late and do the opposite when leaving early. Even your most ethical worker can have trouble accurately recalling hours when filling out a time card several days after the fact. Incorrect timecards increase costs of labor unnecessarily and burden your HR staff (which may just be you).
TimeWorksTouch tracks employee time to the minute to be sure that you only pay staff members for the time they are working. Workforce Management Suite maintains accurate audit-ready time and attendance reports that can guard you in case of a DOL dispute.
2. Misclassifying Employees
Employee classification affects benefits eligibility, minimum wage provisions, overtime pay eligibility, and workers’ comp eligibility. Employers who misclassify are at risk of state and federal penalties and should consult the comprehensive DOL guidance on the issue.
Workforce Management Suite allows you to customize the job codes for your company to help you stay in compliance and create efficient scheduling strategies to keep your labor outlays as low as possible.
3. Failing to Pay Payroll Taxes
Small business owners may wrongly think that failing to pay payroll taxes is akin to not paying personal income taxes. If you get in a cash pinch, DO NOT delay paying your payroll taxes as a stopgap measure.
Meeting all of your employer tax requirements is problematic without trustworthy time and attendance data for each pay period. Workforce Management Suite automatically collects, calculates, verifies, and submits the critical information to your payroll provider.
Berndt CPA serves many organizations like yours and can help you abstain from these dangerous pitfalls with the experience and competence you can rely on. Call us today at 608-274-7473.
Berndt CPA offers Workforce Management Suite, the powerful, fully-integrated Workforce Management Suite that makes it easy to optimize the performance of your managers, employees, and organization.
Workforce Management Suite includes TimeWorksPlus, TimeSimplicity, and TimeWorks Mobile. Workforce Management Suite is created for busy employers like you who need to streamline scheduling, automate time and attendance tracking, maintain regulatory compliance, and lessen labor costs.
How much can you save? Check our Berndt CPA ROI Calculator.
We can get you up and running with Workforce Management Suite in minutes. Contact us today to set up a demo.