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Constructive receipt and on-demand pay, a murky payroll intersection

BMT Office Administration

The sticky questions Legal opinions differ regarding the constructive/actual receipt issues. We’re not going to say who’s right and who’s wrong because although we have an opinion, we can’t dispense legal advice. Included for the second time in the administration’s budget are new payroll tax rules governing on-demand pay.

Payroll 52
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Stay on track with this payroll compliance checklist

BMT Office Administration

Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.

Payroll 52
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3 Smart Money Moves to Make Before Starting a Business

Success

Of course, much like with a vacation, there will always be moments that don’t go as planned with a new business. Financial considerations for setting up your business—such as cash flow management and forecasting—should always be your baseline before going any further. Consider cash flow management and forecasting.

Finance 345
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Rounding employee’s time may present legal risks

BMT Office Administration

Of course, those added “on the clock” minutes could lead to confusion as to whether they should have been paid and, in turn, lawsuits. Regardless of the choice you make, no employer should ever run payroll without someone (such as a supervisor) putting eyes on all employees’ time records to ensure accuracy. Well, it depends.

Legal 52
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Benefits of outsourcing HR for small businesses

BMT Office Administration

HR administration is an essential component of running a small business, but it’s often one of the most challenging to manage in the early stages of small business or start-up operations. With human resources outsourcing, small businesses can get help from an external party in managing their HR activities.

Payroll 52
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Stay organized and secure with electronic records management

BMT Office Administration

Jan bit her lip and hoped that Laura had not accidentally tossed evidence the legal department might need in a harassment lawsuit. Like many other workplaces, Laura’s office could benefit considerably from implementing electronic records management (ERM). An ERM system enables people to find the right information when they need it.

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What electronic record-keeping software best fits your needs?

BMT Office Administration

If your desk is still cluttered with paper files or documents, it’s probably time to consider switching to electronic records management (ERM). Using an electronic records management system allows remote employees to access any documents or files that they need from home. Access from remote work locations. EDMS and ECM.

Filing 98