Payroll Support
Payroll is a critical part of your business, but it should not complicate your accounting.
KDW Tax & Accounting works with businesses using a wide variety of payroll platforms. As a QuickBooks Certified ProAdvisor practice, we can work with payroll processed through QuickBooks Payroll as well as many common third-party providers, including ADP, Paychex, Gusto, Rippling, and others.
You do not need to change payroll providers just because you change accountants.
Whenever possible, we encourage clients to continue using the payroll system that already works for their business. Our role is to make sure the payroll activity is properly reflected in your accounting records so your financial statements, tax filings, and management reports remain accurate.
How We Support Your Payroll Accounting
If your business uses QuickBooks Payroll, we can work directly with the payroll information available through your QuickBooks file and accountant access.
If your payroll is processed through a third-party provider, we can work with payroll reports and data from your existing provider and properly record the activity in QuickBooks.
Our goal is to make sure payroll activity is:
- Properly recorded in the general ledger
- Reconciled to payroll reports and cash activity
- Correctly classified between wages, payroll taxes, benefits, and other payroll-related costs
- Reflected accurately in your financial statements
- Available for tax preparation and year-round tax planning
This allows you to keep the payroll process that works for your business while KDW focuses on maintaining accurate books, preparing reliable financial statements, supporting tax compliance, and providing proactive tax and business advisory services.
Outsourcing Payroll Doesn't Outsource the Employer's Responsibility
Payroll providers can streamline withholding, reporting, deposits, and filing. The IRS nevertheless advises that employers generally remain responsible for ensuring federal employment tax returns, deposits, and payments are handled correctly, even when those duties are contracted to a third party.
Payroll Providers We Commonly Work With
We can work with payroll information from many of the leading payroll platforms, including:
— commonly used by small and growing businesses
— widely used by growing and more complex organizations
— payroll and HR solutions for businesses of varying sizes
— integrated payroll, HR, and workforce technology
— integrated directly with QuickBooks Online
PEO & Co-Employment Arrangements
Some businesses use a Professional Employer Organization (PEO) to combine payroll with employee benefits, HR administration, workers' compensation, and employment compliance.
KDW can also work with accounting information generated through PEO and co-employment arrangements, including:
- ADP TotalSource
- Paychex PEO
- Justworks
- Insperity
- TriNet
- CoAdvantage
Whether payroll is processed inside QuickBooks, through an outside payroll company, or through a PEO, our focus is making sure the payroll activity is accurately incorporated into your accounting records without unnecessarily disrupting the way you already operate.
Keep the payroll system that works for your business. We'll make sure the accounting works with it.