NetSuite Payroll Solutions
NetSuite Makes it Easy to Convert From Your Existing Payroll Service
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Many employers believe that converting to a new payroll provider at mid-year will introduce errors in their year-to-date information, or leave them on their own when it comes to filing quarterly and year-end tax statements. NetSuite addresses both of these concerns, so you don't have to wait one more day to get the payroll service you want.
Whether you do the data entry yourself, or entrust us to enter your company's data for the conversion, NetSuite offers the only payroll setup wizard that:
- Guarantees that all required company and employee data have been entered.
- Provides filled-out signature-ready forms, to register your company as an employer and NetSuite as your provider.*
- Applies multiple consistency and arithmetic tests to assure that the employee year-to-date and quarter-to-date earnings and deductions entered are correct, consistent and reasonable.
- Pre-calculates almost all employee and employer taxes (e.g., Social Security/FICA, Medicare, and Unemployment) based on the employee earnings and deductions so that you don't have to enter these taxes. This greatly reduces the amount of data entry and provides confirmation that employee earning and deduction data have been correctly entered.
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