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Employee
Management & Payroll: For many companies, the payroll
process is mired in paper. But with NetSuite's employee management
and payroll capabilities, companies can finally eliminate redundant
data entry as well as needless paper shuffling. |
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| EMPLOYEE MANAGEMENT
& PAYROLL FEATURES: |
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Payroll
with Direct Deposit: NetSuite's payroll
capabilities handle salary, hourly pay, tipped and commissioned
employee calculations. NetSuite also tracks sick and
vacation time, and allows for flexible pay periods.
Plus, it automatically calculates earnings and deductions
(including tax-sheltered deductions such as 401Ks) by
using integrated federal and state tax tables –
allowing you to print Form W-3, Transmittal of Wage
and Tax Statement, and W-2's at the end of the year.
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Payroll
Integration: Integration with commission
management, expense reporting and finances means that
commissions and expenses can be added to paychecks with
just one click. In addition, NetSuite posts pay runs automatically
to the general ledger. Accounting departments can also
print 940s, 941s and W-2s directly from NetSuite.
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Employee
Centre: Employees can enter expense reports,
billing items to jobs or customers—all remotely.
In addition they can view and print paycheck information
and maintain their phone, address and emergency contacts,
freeing up your Human Resources department from hours
of data entry. Also, companies can use the Employee Centre
to publish corporate news or messages to specific departments
or individuals.
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Purchase
Request: Employees can more easily make purchase
requests, which are then routed to supervisors for approval.
Once approved, the accounting department converts purchase
requests into purchase orders with just one click.
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- Check Printing
- Customisable Fields on Employee Records
- Updates Federal Tax Withholdings & Forms
- Updates State Withholdings & Forms
- Support for User-defined Taxes
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