Payroll

GAAP Solutions Payroll module handles earnings, deductions, sick and vacation accruals, W2’s, raises, terminations, government reporting, profit sharing, and taxes, taxes, taxes better, faster, cheaper, more accurately, and  with much more flexibility than any service bureau can.

GAAP’s Payroll module is flexible.  There are no hard-coded rates, amounts or calculation methods.   You, the user, are allowed to define how earnings and deductions are calculated.  You may then attach “standard” earning and deduction codes to employees so that timecards and paychecks may be produced automatically as each pay cycle is processed!  All payroll activity automatically interfaces tot he General Ledger and to the Job Cost module.  You may then produce instant summary and detail analysis reports . . . for up to ten years of history.

Following are just a few of the additional capabilities in the Payroll module:

• GAAP Payroll handles all states.  Employees may have multi-state activity within the same calendar year and retain the same employee number.

• Direct deposit capabilities follow the NACHA standards for production of tapes, floppies, reports, or direct transmission of deposit data in ASCII or EBCDIC format.

• Unlimited user-defined earnings and deduction codes.

• Time clock Interface. Time clock hours and employee data may be manually entered or “fed” to GAAP.

• Timecard processing Automatic, manual, and piece-rate timecard processing.

• Multiple locations, departments, and pay rates per employee in any pay period.

• Easy to change Federal, State, and local tax tables . . . or let us supply the new tables for you.

• Default automatic tracking of the taxing entities at the Federal, FICA, State, Local 1, Local 2, FUTA, SUTA, and SDI levels.

• Multiple Payroll Checking Accounts and different check stock by location.

• May continue to process payroll in a new accounting period before the prior period is closed.

• User-defined payroll check print formats with as much or as little information (employee and timecard) as you require, including “literal text.”

• All code files are user-defined location, department, pay cycle, pay type, pay class, EEO, earnings deductions, programs, funding codes and labor categories.  Very simple to maintain and complete with “one-touch” selection menu for file listings (display or print).

• Gross-to-net registers (open or history timecards), check registers, check reconciliation registers, employee analysis, and support files (all the above named code files) analysis, may be obtained for any range of pay period dates, locations, companies and employee ID’s and names.

• W2, FUTA/SUTA, 941, 125 program and 401k reporting is supplied, with selection criteria by pay period ranges (quarterly and year-to-date, if applicable), and by location and company.