Many businesses choose to use a paid payroll software over manual processing as it can:
• Work out payroll calculations & deductions faster
• Calculate out all payments including bonuses, holiday pay & Salary Sacrifice
• Calculate out all deductions including Pension, Union & Loans
• Generate out per period payslips
• Easily communicate with Revenue to receive Employee tax credits and Submit any payments made to employees on a per period basis.
• Manage Payroll Journals entries
• Store your data for all annual reports & hold historical payslips for the minimum amount of years required.