Construction Payroll, Should I Do It In-house or Outsource It?

Be A Better Bookkeeper, Construction News, Payroll Tips
  Construction payroll can be complex and many business owners wonder if they should hire a payroll clerk and issue payroll in-house or if they should outsource it. As a contractor a significant portion of your job costs involve payroll and labor burden (taxes, worker's compensation insurance, general liability insurance, company paid fringe benefits etc.) and you need to have these numbers included in your job costing reports so you can analyze your bidding practices and know whether or not you made a profit on the job.  If your employee paychecks are not run through your accounting software you loose this vital piece of job costing information. Construction payroll can be complex and the lure of an outside payroll service such as Intuit Full Service Payroll, ADP, Paychex, Ceridian, etc.…
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