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5 things you should do now to prepare for year-end payroll reporting

BMT Office Administration

However, Payroll teams are busy preparing for a different season — year-end reporting. Work with IT to ensure the computer you use to file your returns is safe by implementing application whitelisting, which allows only specific programs to run, and keeping the payroll software up to date with the latest patches and antivirus software.

Payroll 52
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Everything you need to know about geofencing time clocks

BMT Office Administration

For these reasons, some managers are hailing geofence time clock apps as a gift from the HR gods. All your employees must download the corresponding geofence time tracking mobile app on their smartphones. If your managers aren’t actively tracking their timesheets, there’s plenty of opportunity for time theft to take place.

Payroll 59
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12 Last-Minute Gift Ideas For Digital Nomads

Allwork

Digital subscriptions for learning, social media management, taxes and more are perfect choices for last-minute gifts. . Social media management solution . And for self-employed freelancers or business owners, you can generate invoices, manage your payroll and track time on projects. .

Gifts 284
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Introducing FedNow: The Fed’s new direct deposit service

BMT Office Administration

You send the payroll file to your bank a few days before payday and your bank sends files through the ACH network to employees’ banks. Same-day settlement vs. FedNow You would not want to use same-day settlement for your regular payroll , because some additional cost is involved. You can download a one-page explanation here.

Payroll 52
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CFPB warns against money apps for paying employees

BMT Office Administration

Direct deposit works through the Automated Clearing House (ACH) network—you instruct your bank to prepare a payroll file and it disburses employees’ pay electronically to their banks. Problem: Compared with the ease of downloading an app, taking the extra steps the app requires for FDIC protection may not be intuitive to most people.

Payroll 52
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The What, Who and How of Outsourcing… So You Can Let Go

Success

From the moment she opened Ditto Boutique, a luxury consignment store in Dallas, Jane DeNike outsourced the complex tasks of payroll and paying taxes to a bookkeeper and accountant. She recommends using sites like Asana.com or Evernote.com for managing projects. Tax laws change. Who you gonna call? I use it with my interns for my blog.

Elance 287
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Make Procedures Development a Habit, Not a Project

All Things Admin

Or you may have set days of the week where you do certain reports or perform routine tasks like expense reporting or payroll. Report how many procedures you started to your accountability partner or your manager at the end of each week. Create rituals – or habits – that you automatically do. This helps you keep procedures a priority.

2024 52