Managing payroll manually is an exhausting and time-consuming process, but it is an integral part of any business. It is particularly difficult for construction companies that handle publicly funded projects as it entails a plethora of data collection and calculations to file certified payroll reports.
Any business that handles a government funded project must pay their workers a prevailing wage and this report serves as a proof of your business complying with all the government’s requirements.
Contractors working on the projects must file these reports with details of hours worked by each worker and the labor costs for a particular job. It must include all the below mentioned details:
To simplify the prevailing wage reports and automate the process, contractors at public projects make use of a certified payroll reporting software. It helps contractors create a detailed payroll report that is free of errors and eliminates the need for a certified payroll professional. We have listed below the top three certified payroll reporting software that make this entire process a cakewalk:
One of its most important features is that you can run payroll from anywhere with Paychex as it can be accessed online as well as through a mobile app. Paychex allows you to easily pay workers and contractors based on their fixed hourly rate through a cheque or direct account deposit.
.
It is a cloud-based software that provides hassle-free management and automated processing of worker wages. It makes certified payroll report generation an easy task by automatically syncing with the available Human Resource data.
A lot of contractors have misconceptions that they require a certification to be able to file a payroll report. This is not at all true as they can easily learn to use a certified payroll reporting software for making and submitting payroll reports easily. Investing in this tool eases out their work significantly and helps them pay accurate wages to their workers on time.
This website uses cookies.