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Payroll management is a key to maintaining a positive work environment, as much as it is important to the proper maintenance and analysis of your general business accounts. If you have employees, any one working for you in your business, then you need to use a payroll of some kind. The advantage of using payroll software is that your record of employee payments is more organized and more easily accessible to you.
Software can improve payroll processing by automating the process of paying your employees to a large extent. The payroll software will increase the efficiency of your payroll processing and is therefore likely to keep your employees happy.
Payroll accounting software is important for small businesses because it reduces the amount of time you or your business manager has to spend maintaining employee payrolls. Using payroll software, you can determine that payments are made automatically into employee accounts, and you can easily refer to payroll history to analyse your payroll accounts for taxation purposes.
Payroll accounting software is software specially designed to facilitate payroll management. The purpose of the software is to monitor the hours worked by employees and the allocation of wages.
For businesses with between 20 and 1000 employees, the recommended payroll software is the MAS 500 Payroll System. For small businesses, with less than 40 employees, the recommended payroll software is a feature of the MAS 90 software Small Business Edition.