The Top 5 Myths About BIR CAS-Ready Cloud Accounting Software: Debunked
By Johnny Kawa Introduction In recent years, cloud accounting software has gained…
Part of the responsibility of having a business is keeping and managing a lot of different records.
You name it, from initial onboarding records, documentation on how wages are determined, collecting tax records to accounting records, all this record-keeping can be quite a bit to keep up with!
But why is it so important to hold onto these records?
Because these records are crucial to payroll management.
Aside from accounting, payroll is one of the more complex processes in an organization and if not done accurately, it can be very catastrophic for your business.
Additionally, the manner in which you are managing your payroll, whether successful or not, has a direct link to employee experience and satisfaction.
Payroll records are documents containing important information that have anything to do with paying an employee.
Employers have the sole responsibility to safekeep payroll records of their employees.
Payroll records can include :withholding tax forms, payroll taxes, benefits and deductions, hours rendered, time off, pay rate and gross wages.
Before learning more about these employee records, here are some questions that you need to address in order to effectively manage payroll.
Properly organizing your payroll records can make it quicker to find information when you’re in a hurry.
Cloud based HR and payroll software can provide the pertinent information fast and easy with just one press of a button.
Instead of searching through a bunch of files to find payroll records for employees, you can easily access all of the information you need in one accessible and practical way, the HRIS.
You can manage payroll like a pro and make sure your employees payroll records are secure.
Payroll records have a lot of personal and confidential information like Social Security numbers, Addresses, Insurance details, Retirement contributions, etc.
So, it is imperative to keep payroll records separate from other documents containing employment information.
Also, access to the files should be monitored and only the ones who are authorized should be able to access them.
Manage your Human Resources with ease.
And manage payroll like a pro with EasyHR.
With EasyHR you can manage employees through robust record-keeping and payroll functions.
Starting at Php 6,500 a month your payroll records will be in good hands.
Check out: https://human-incubator.com/easy-hr/
EasyFIS is a Software-as-a-service (SAAS) sales, inventory and Accounting system designed for Micro, Small and Medium (MSME) Enterprises.
If you want to manage your business in real-time and in a WFH Work from Home Setup, EasyFIS can provide a turn-key solution to your most common business problems to effectively monitor your sales, checking your LIVE inventory stock quantity and most importantly the status of your business’ financial health.
On top of that EasyFIS is CAS (Computerized Accounting System) compliant ready for government taxation in the Philippines.
EasyHR is a Software-as-a-service (SAAS) web application that helps to manage your Payroll and Human Resource Tasks easily and effectively.
Whether you are handling less than ten (10) employees or up to more than ten thousand (10,000) employees, EasyHR can do the job for you and saves you a lot of time in computing your Payroll and managing your Employee 201 Records anytime and anywhere.
But not only that, EasyHR further has an Employee Portal that allows your employees to access it online and check their own Payslips, Overtime, Leaves and Time Records. It saves a lot of time and money in printing these Payslips and paper wastage.
EasyPOS is a standalone Sales and Inventory system designed for businesses with Physical Stores and does not necessarily need an Internet or cloud solution.
The software is very easy to use yet already fully loaded with the necessary daily functions in running a store.
It already has a complete Sales and Inventory system with Item components.
Barcode and Touchscreen Interface that can be used for both groceries and restaurant setup respectively. Plus it is already BIR Accredited to legally issue Sales Invoice (SI) and Official Receipts (OR).