What Do I Get?
PAYROLL PROCESSING:
Each payroll period you will receive your
company's tax liabilities with instructions on how to fill out the payment
coupons, where to send or take the payments and when they are due. NetChecks
can arrange to have your federal and state tax payments paid electronically upon
request (once a month for monthly depositors and twice a month for semi-monthly
depositors).
Along with the tax information, you will also
receive a payroll journal listing each payroll stub with the corresponding
deductions for your records. We recommend you keep these reports in a 3-ring
binder so that you have complete payroll records on file at all times.
Quarterly reconciliation reporting is required by
both federal and state agencies. These completed reports will be automatically
submitted to each agency by NetChecks at the end of each quarter and a
copy mailed to you for your records.
Year-end reporting will be handled much the
same way except W-2's will be sent to you for review before being submitted to
the SSA. After reviewing, distribute to your employees and
e-mail or call NetChecks with the OK for
submission.
A law recently enacted requires employers to
register all new employees to comply with the Welfare Reform Act. NetChecks
will report all new hires upon receiving your new employee's information.
BOOKKEEPING SERVICES:
Upon receipt of your business activity updates,
NetChecks will provide you with monthly reports summarizing the
information. These updates will include: a copy of your checkbook register
(with as detailed memos as possible) and a copy of your bank statement for
performing the bank reconciliation; a list of invoices sent out or total sales
for the week, if you would like NetChecks to maintain a current accounts
receivable (accrual accounting) if not, your sales will be accounted for when
payments are received (cash accounting); a list of incoming bills, if you would
like NetChecks to maintain a current accounts payable (accrual
accounting) if not, your bills will be accounted for at the time they are paid
(cash accounting).
This information can be sent by mail, fax,
or
e-mail if you have a scanner.
26873 Sierra Highway Suite 137 Santa Clarita CA 91321
Phone# (877)
438-7821
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