In Pursuit of Profit - Blog

The Latest Oregon Law Changes that Affect Payroll

4/6/2020

The Latest Oregon Law Changes that Affect Payroll

Recent changes to Oregon state law have made payroll management more complicated, requiring a broader awareness of how these changes will affect employee compensation in the coming months. Medical leave provisions, increased pregnancy protections, pay equity fixes, and retirement plan contributions have all been amended in Oregon for 2020. These legislative changes make accurate calculations and withholdings more crucial than ever before to avoid needing to pay back owed wages, delinquent taxes, and incurred penalties.

The Latest Washington Law Changes that Affect Payroll

3/29/2020

The Latest Washington Law Changes that Affect Payroll

Major legislation that affects payroll and staffing in Washington state has been passed recently. Some of the new laws already rolled on January 1, 2020, while others will go into effect later this year. Legislation that spans changes to the minimum wage and exempt employee criteria, clarification of job duties, and issuance of paid family medical leave will add new complexities to HR functions and payroll calculations. These changes will affect operations across businesses of all sizes and compensation for a significant segment of the working population as well.

Common Payroll Errors

3/22/2020

Common Payroll Errors

Payroll is a vital accounting function for any organization because it ensures that employees are compensated appropriately for their work and the business is complying with all applicable laws.

Mishandling payroll can result in having to pay back owed wages to employees and back owed taxes to the government, as well as being hit with costly penalties.

DO I NEED A BOOKKEEPER ONSITE OR IN THE CLOUD?

3/18/2020

Hiring a bookkeeper who will work online requires a similar set of questions as it does for hiring a bookkeeper who will work onsite.

Whether an onsite bookkeeper is a better alternative depends on your company structure, the routine and complexity of responsibilities, whether the work requires ‘team’, the need for instant communication, amount of office space available and your comfort level for working with someone offsite.

What Is QuickBooks Payroll Missing?

3/15/2020

What Is QuickBooks Payroll Missing?

Intuit Payroll is a great add-on to QuickBooks, allowing small businesses to access many of the same features of more expensive payroll providers. However, much like QuickBooks itself, Payroll is a not a set-it-and-forget-it software that will automatically handle every detail for business owners and managers. Like any other payroll system, QuickBooks Payroll requires a certain amount of knowledge to get it set it up correctly and perform required upkeep.

How to hire a bookkeeper in the cloud

3/11/2020

how to hire a bookkeeper in the cloud

Bookkeepers usually manage the smaller, day-to-day financial tasks such as accounts receivable, accounts payable, payroll, and reconciliations.

Unlike in-house hires who go through a process of face to face interviews, reference checks, and corporate screening, the hiring process for professional bookkeeper services or contractors online is quite different.

The process of hiring an employee can be expensive and time consuming which makes hiring a professional bookkeeper service with a team who can ‘hit the ground running’ very attractive.

We want to share with you a few pros and cons, questions to consider and ideas about hiring a bookkeeper offsite who will work "in the cloud."

What to Look for (and Watch Out for) When Using Payroll Companies

3/8/2020

What to Look for (and Watch Out for) When Using Payroll Companies

While some small business owners simply use a payroll software to manage payments to employees, others use full-service payroll providers. The decision usually hinges on cost of services and the scope of the work needed. Businesses with just a few employees and a small budget will typically choose to manage payroll themselves using an add-on that works with the accounting system or bookkeeping platform that they are already utilizing.

Do I Need a Bookkeeper if I Have QuickBooks?

3/1/2020

Do I Need a Bookkeeper if I Have QuickBooks

QuickBooks is an excellent bookkeeping platform for small businesses. However, it is just that – a tool to keep track of finances. The benefit that a business derives from QuickBooks is contingent upon what is put in and how much expertise is available to use the tool correctly. QuickBooks will not manage a business’s finances any more than a hammer will build a house without a carpenter there to swinging it.

Services

Accounting Services

Company

About
Oregon Team
Washington Team
Clients

Support

Contact
FAQ
Resources
Blog

Accounting Solutions Partners

Your resource for Seattle and Portland bookkeeping services. Serving Seattle, Bellevue, Redmond, Kirkland, Portland, Beaverton, Hillsboro, Lake Oswego and more.

Contact us today for a free,
no-obligation consultation:
Toll Free (800) 931-6557
WA (425) 492-1901
OR (503) 473-0122
info@asp-nw.com

© COPYRIGHT Accounting Solutions Partners ALL RIGHTS RESERVED
A CFO Selections Company