Payroll Bundle Products Flashcards
What is a general ledger?
Allows user to import payroll-related general ledger directly into their accounting software, eliminating the need to input it by hand
What is Paychex SUI service ?
When a client signs a power of attorney and record of an address and all unemployment-related mail is directly sent to paychex
What is taxpay?
Paychex assumes responsibility for tracking, reporting, and paying a clients federal, state, and local payroll tax liabilities
What is check signing/check insertion?
This helps eliminates the time and effort that owners of small business would normally dedicate to signing individual paychecks
What is check logo services?
Clients can have their business logo display on their employees’ payroll check
What is readychex?
All paper payroll checks are drawn on a paychex bank account, enabling Paychex to perform check reconciliation for the client
What is SKYLIGHT ONE prepaid MasterCard?
Allows employees without a checking or savings account to participate and enjoy the benefits of direct deposits
What is the online hr library?
A comprehensive, web based library with key hr related information, news, and resources available to all clients on our payroll packages
What is report center?
A one stop shop for more than 140 standard, customizable and exportable reports
What is Paychex online?
A platform that offers clients an online way to manage their company, people and payroll
What is online payroll?
Allows core payroll clients to successfully access and report per-pay-period payroll information over the Internet
What are garnishment payment services?
Administers and automatically withholds and remits garnishment payments to the appropriate agency through electronic funds transfers where accepted and required
What is EAO? (Employee access online)
Enables clients’ employees to access Paychex online to view their forms w-2, check stubs, and personal & payroll information online
What are labor compliance poster kits?
Clients who use this service receives all relevant federal and state posters in one easy to use poster kit through the mail. They will receive a new kit any time there is an update to any new poster updates
What is payroll processing?
Calculates and produces payroll checks, reports, and tax returns for companies choosing to outsource the payroll function