During times of economic hardship, individuals may approach their employer and request a personal loan in order to help make ends meet. If an employee of a church requests a personal loan from the church, there are several issues to consider. As a matter of policy,...
Finalizing is a way to protect time card data from being changed after timekeeping is submitted to payroll. When you finalize a pay period, it locks out all levels of users from editing and approving the time cards. The normal process is to finalize after supervisors and...
Learn how to create an effective payroll budget to avoid wondering how and where your money was spent. Creating a payroll budget helps you understand what percentage of your budget should go to payroll and enables you to stay on track throughout the year. Generally,...
You can generally deduct the amount you pay your employees for the services they perform. The pay may be in cash, property or services. It may include wages, salaries, bonuses, commissions or other noncash compensation such as vacation allowances and fringe benefits. A fringe benefit is...
Question: A new employee told coworkers that she received a signing bonus. Now they’re upset, saying they’ve been here longer and haven’t gotten anything extra. What should I do about this situation? Answer: First, don’t reprimand the new employee who shared her pay information. Discussing pay...
If your church has made the difficult decision to reduce staff levels, you may find yourself scrambling to ensure proper accounting checks and balances with fewer employees. An effective accounting control system is dependent upon proper and adequate segregation of duties. Accounting tasks, particularly those involving...
Please refer to these instructions if you’re an existing Payroll Partners client that uses our timekeeping system to submit employee hours to your payroll processor. For those clients that enjoy personalized customer service and enlist the help of our Payroll Processors to process payroll for them,...
Hiring staff? Good for you! It means your business is thriving. Now is the time to get up to speed or reacquaint yourself with any labor laws you’ll need to be compliant with. Labor laws were created to protect employees’ rights. If you’re vigilant, you...
As explained on the official government health care site, the Affordable Care Act has three goals: Make affordable health insurance available to more people. The law provides consumers with subsidies ("premium tax credits") that lower costs for households with incomes between 100% and 400% of the federal poverty...
