TABLE OF CONTENTS:
- Introduction
- Advantages To A Small Business Using Outside Payroll Services
- Evaluating Payroll Service Companies
- Online Payroll Services
- Frequently Asked Questions (FAQs)
- Glossary of Terms
6. GLOSSARY OF TERMS
Direct Deposit: An electronic format for depositing funds from a budiness bank account directly into the account of an employee or vendor. Click here to read more on Direct Deposit
Online Payroll: An electronic format using online software to pay employees through direct deposit. Click here to read more on Online Payroll
Payroll Service: An outsourced service used by businesses to handle employee payroll. Click here to read Questions To Ask When Outsourcing A Payroll Service Processor
Payroll Software: Computer programs designed for payroll (and other accounting).
Real-Time Access: A term referring to access by an employee (online) whereby an employee is able to access their payroll account records with up-to-the-minute accuracy.