QuickBooks Question – Tracking Prevailing Wage Fringe Benefits

3 thoughts on “QuickBooks Question – Tracking Prevailing Wage Fringe Benefits

  • I totally agree. A payroll processing company (such as ADP, Paychex, etc.) should understand not only the basic payroll needs (processing employee payroll, filing Federal, State an/or Local payroll tax reports) of a business but also special payroll reporting requirements (such as Certified Payroll for contractors working on government construction projects).

    Outsourcing payroll is not always the best answer from government construction contractors, this is largely due to the fact that many payroll processing companies cannot provide the required “printed” certified payroll reports or an acceptable “electronic” file to submit to various LCP (Labor Compliance Programs). In this situation a contractor must STILL manually create these reports from the data provided by the payroll company.

  • I really enjoyed this post. You describe this topic very well. A payroll company should understand the needs of today’s small to medium sized business owner. Your time is precious! You can’t afford to waste time on non productive/non revenue producing activities such as Payroll, HR, or Employee benefits. Your payroll company should specialize in filling this need for you and their staff of experts should consult with you to develop a payroll and business services plan that is custom-made to your exact situation. Your payroll provider should offer speedy and convenient online access for any payroll service, benefit or reporting need. It should help employers in meeting business compliance issues today and in the future as your business succeeds in this cutthroat environment. The advantage of out-sourcing your payroll is that it relieves you of the annoyance and technicalities of running a business so you can concentrate on building your business.

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