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Managing Payrolls Better With Peachtree Quantum

by: javierreiley on Date: Thu, 2 Dec 2010 Time: 8:05 AM

Peachtree Quantum has all the outstanding features that made Peachtree Premium Accounting software popular, but more than that, it also added several more features such as the ability to customize dashboards, multiple user capabilities, as well as significant performance improvements. Peachtree Quantum also made payroll management easier for small businesses regardless of whether a business has 10 or 40 employees.

Paying workers is a difficult task. Some employees are paid on an hourly rate. Some, on the other hand, receive monthly salary. There are also instances when an individual receives extra payment because of overtime. Calculation for additional payment varies depending on type of payment. Aside from that, you have to factor in tax deductions and insurances. Calculating for payment of an employee could be confusing, even more so if there are 30 or 40 of them with different hourly rates. With Peachtree Quantum, keeping track of employee payments is simple and easy.

One of the greatest benefits provided by Peachtree Quantum is that information can be transferred directly to the accountant to enable early preparation for monthly and quarterly taxes. Information can be transferred using optical storage or via e-mail. With some configuration, you can program the software to be directly linked to the accountant's computer so he or she only needs to go to a certain screen of the software to print the reports when necessary.

Employee data are also secured with lock-screen options. This means confidential information such as performance reviews and demographic information are protected from other employees. This also prevents employees from accessing and tampering with the company's payroll. This means Peachtree Quantum can limit the accessibility of sensitive information to management and other authorized personnel.

Peachtree Quantum also enables employees to monitor their own working times. By giving your workers access to the software, they will be able to determine how much they will earn on the next payday without having to deal with a lot of paperwork.

Aside from that, Peachtree Quantum can also help you with management of other financial concerns of your business, such as profitability and income, as well as expenditures and necessary regular costs. It can also help you keep a detailed record of your inventory, as well as help design and create receipts and business reports.

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