Businesses with the right technology in place are able to process payroll on their own, with few problems or exceptions. However, it isn’t always that easy or straightforward. In some cases, payroll can be one of the largest expenses for a business. Complex payroll posting situations like pay rate changes and other exceptions are difficult […]
continue reading...Posts Tagged ‘pay rate changes’
Multiple Cost Centers and Rate Changes Holding Up Your Payroll?
Posting payroll wasn’t always so complicated. Preparing and posting payroll used to be simpler, especially when the headcount was lower and there were fewer pay rate changes and allocations to deal with each week. However, with growth, payroll grows more complicated. These complications cost both time and money. Here’s how you can streamline complicated payroll […]
continue reading...Make Pay Rate Changes Quickly and Correctly the First Time
There are any number of reasons to change an employee’s pay rate, such as a change in job responsibilities, raise or promotion. Changing departments or rewarding employees can happen on any day of the week and, chances are, it won’t correspond with the end of a pay period. This creates a special challenge for the […]
continue reading...Even Strong Financial Management Systems Have Weaknesses
Savvy businesses of all types and sizes often rely on modern enterprise resource planning (ERP) solutions to manage key operations from across their organization. Microsoft Dynamics GP is comprehensive and powerful in many ways, and offers payroll functionality. It’s actually the only Dynamics ERP solution to do so! However, businesses may have unique payroll processes […]
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