PayCycle's Online Payroll Services

Author: Sleeter Group Created: Tue May 31 07:32:07 2005
If you're interested in adding more services to your practice, PayCycle is worth a careful look. PayCycle is designed for small businesses with less than 50 employees, and it's very attractively priced so that you can turn a profit. With PayCycle's Wholesale Service for accounting professionals, you pay $14.99 per client per month for the first 5 clients and $9.99 per client per month for clients 6+. There's no upfront cost or minimum contract. Accounting professionals receive discounts based on client volume, which can reduce the cost to as low as $9.99 per client, per month. PayCycle makes managing client payroll easier by providing instant and accurately calculated paydays, automated forms and electronic payment and filing features for state, federal, and payroll taxes. In many states, PayCycle offers end-to-end paperless payroll.

Navigation screens guide you through the entire payroll process, including setting up the service, creating paychecks, making federal and state tax payments and filings, and creating W-2 forms. There's no need for training or a manual. The overview screen lets you access client data from any location. You can manage each payroll yourself in minutes, or have your clients share the duties. You can choose to have clients log in to their account and process paydays, create paychecks, and make tax payments. As a safety check, you can log in and review client entries and make necessary adjustments before your clients approve paychecks or tax returns.

PayCycle sends you a payday reminder each pay period. You'll prepare checks or professional pay stubs in seconds using the pre-filled payday screens. You enter employee hours and PayCycle automatically calculates tax and voluntary deductions for each paycheck. Free direct deposit is your best choice for payment; click a button and off it goes. You can also print pay stubs and paychecks at your office or on the client's own printer. Employees of your clients will also have the ability to login to a secure website to access their pay stubs anytime.

PayCycle calculates tax and voluntary deductions for paychecks. Federal, state, and local tax calculations are guaranteed to be accurate, and multi-state tax withholdings are supported for employees outside the state in which the client business is located. PayCycle also calculates pay for salaried and hourly employees, regular overtime, double overtime, paid time off, bonuses, commissions, allowances, tips, expense reimbursements, voluntary deductions, and garnishments.

To comply with state and federal regulations, PayCycle includes EFTPS, state tax payment support (electronic where available), electronic 940 and 941 filings, electronic W-2s, and state tax forms. PayCycle reminds you of tax deadlines, making sure you know what to do and when to do it. You can also have PayCycle send clients email reminders for specific tasks.

Multiple comprehensive reports include Payroll Summary, Payroll Details, Deductions, Last Paycheck, Tax Liability, Taxes and Wages, Total Pay, Tax Payments, Worker's Comp, Vacation and Sick Pay, Billing, and Total Cost. PayCycle also supports one-click export to Microsoft Excel.

To help you attract new business, PayCycle offers personalized marketing brochures, best practice resources, and white papers. PayCycle integrates with the leading small business accounting solutions, including QuickBooks, QuickBooks Online Edition, Microsoft Money, and CCH ProSystemfx Writeup.

Visit PayCycle at www.paycycle.com.