For entering information using the 24 hour clock, see our Time Card Calculator with Military Time ADVANTAGES OF OUTSOURCING PAYROLL PROCESSING Looking for an easy method to add up your hours? Look no further – our timecard calculator helps you determine your gross pay. Once you've got the gross pay, the next step is finding a good payroll company to calculate your taxes and deductions. A small business owner who plays multiple roles at the same time can greatly benefit from using a payroll company. Payroll processing is a challenge for most organizations. When it comes to small businesses, this is not something they can mess with. Small businesses already outsource several aspects of their business including sales, marketing, internet and computers. Payroll services, too, can be outsourced. Statistics reveal that almost 41% of small businesses in the U.S. use payroll service providers. Payroll companies offer a range of services. Besides performing payroll processing, they may take custody of your payroll cash. The payroll services includes calculating employees' gross pay, deductions, and net pay; prints salary checks for employees who have not selected direct deposit; preparing payroll reports for company management; and submits payroll tax returns. Choosing a Payroll Company While choosing a payroll company, make sure that you can communicate with them regularly. You should obtain an assurance that you won't have to deal with a 'sales representative' when you contact them. You should be able to talk to the person who handles your account regularly. Make sure that the company assures personalized customer service. Request references from both current and previous clients. Call these people and ask them if they faced any problems. If the references seem satisfied with the service they received, ask them if there was anything that they wished the payroll companies did differently. You should not choose a service provider who does not offer references. Thoroughly discuss the services you need with potential payroll service providers. Try to hire a service located within driving distance. In an emergency, you should be able to pick up the checks. Determine who will be responsible for penalties that might arise due to non-filed or late tax liabilities. You should also find out whether the service provider moves the tax liabilities as well as the payroll amount from your account to theirs before the due date. Confirm that local payroll taxes are computed and paid. How you can benefit by outsourcing payroll processing It frees up your time Manual payroll processing can be quite time consuming. By outsourcing the process, you can free up your staff's time, which they can use in pursuing other activities that generate revenue. It reduces costs Outsourcing reduces the cost of payroll processing. You can avoid IRS penalties Almost all national payroll service providers offer a tax guarantee. That means the customer will not have to incur any penalties for late payment of tax. If problems arise, the service provider will pay the penalty. Before selecting a provider, you should get quotes from at least three companies. There are companies like Paychex and Surepayroll that offer free online quotes. To get a free quote, you just need to enter some basic information like your zip code, number of employees, and payment frequency. You should also talk with other companies who outsource payroll processing to find out if they are happy with it and how much money they pay for the service. CALCULATE YOUR TIMECARD WITH EXCEL: |
Employee Time Cards:
Time cards were developed by employers to record the amount of time workers spent on each project.
Time Cards are also used by freelancers like: Writers, Designers, Programmers and Photographers. Many self employed people and contract workers like Carpenters, Nannies, Maids and Housekeepers also work on hourly rates.
Calculate Hours .com can help you calculate your billable hours in 3 different ways:
1. Add up your hours using the above Time Card Calculator
2. Create your own work hours calculator in Excel by downloading a Timesheet Calculator from our Library.
3. Build your own Hour Calculator. Learn how to create your own Excel Timesheet Calculators at our Excel Timesheet Training.
TIME CARD CALCULATOR - Disclaimer:
We make no claims as to the accuracy, completeness and timeliness by any of our calculators. Our hours calculator is designed to provide general guidance and estimates. It should not be relied upon to calculate exact payroll or other financial data. You should refer to a professional accountant regarding any specific requirements or concerns.
Calculatehours.com does not give any warranty or other assurances as to the operation, quality or functionality of our time card calculator.
MORE work HOURS calculators:
Military Time Converter
Convert Regular Hours into Decimal Number
Time Between Dates Calculator
Printable Timesheets in Microsoft Word