How Do You Process Payroll?
There are three ways you can do payroll. One, you can do it yourself manually. Two, you can use the software. And three, you can hire a professional accountant or outsource payroll service. Keep in mind that whatever method you choose, you should be consistent to save you time, avoid headaches, and stay tax compliant.
Each payroll method has its pros and cons. Let's start with doing it manually. That gives you direct oversight of your timesheets and calculations, but it's time-consuming, and there's a good chance you can make a mistake in the process. The second is to use payroll software. That could be a great time-saver, but you need to make sure it's a reputable product that will give you what you need. And while hiring a professional accountant or an outsourced payroll