While calculating your employee allowances, there might be errors. If done manually, there is bound to be between 1 – 8% errors, according to data from the American Payroll Association.
Assuming you are careful enough and make just 2% error, assuming your employees’ cumulative salaries amount to $10,000, then you will make an error amounting to $200 at the end of every pay period. In one year that is a substantial amount wasted due to simple unnoticed errors.
If such minor errors are spotted and reported, you might have to spend more on re-issuing of another correct payroll amount; this will invariably increase the cost of your errors.
The point is your employee attendance and time plays a huge role in the calculation of their pay. That is why any slight mistake will have great effects on the outcome of the payroll. overpay or underpay will all raise reasons for concerns from both employer and employee alike and if you are not lucky enough to avoid litigation, you might be fined up to $5,000 for inaccurate pay statement.
The goal is avoiding all of that noise. That is why you must rely on an agency with the best payroll system and with the most advanced time and attendance management software and techniques. We bring you E-pay Payroll.
For more than three decades, E-pay Payroll has been busy providing businesses in El Cajon with important payroll and employee time and attendance management services.
Our main target is small businesses in the city. When we are hired, we work hand in hand with our clients ensuring that they have all the assistance they need.
Our services are churned out by a team of highly experienced and licensed accountants and payroll specialists. We also use some of the latest and most convenient time data collecting devices for your company. Once we get our device to your company, at every payroll period we would download the timesheet into our database and begin our computation. We might only need you to have a glance at and give your approval by signing the attendance sheet.
Once we are done, you can be rest assured there are zero errors in your payroll. Yes, we pay such strong attention to details.
We have studied and understood the dynamics of the business laws of California and El Cajon and nothing can take us by surprise.
Call us at E-pay Payroll (866) 340-8132 today for effective employee time and attendance in El Cajon.