A Few Words

Payroll Accounting

PAYROLL ACCOUNTING

Your business depends on the work your employees do. Keeping them satisfied with their compensation while maintaining your records enables your long-term success. Payroll accounting in NYS all other states requires knowledgeable and skilled professionals. Within NYS/NYC metropolitan area, our company is among the best at this precision work that keeps your success ongoing. Payroll accounting maintains the records of your employees’ compensation. This includes, but isn’t limited to:

Gross wages, salaries, bonuses and commissions
Overtime pay

Payroll accounting taxes/withholding & benefits:

Medicare
Federal/state income tax
Federal/state unemployment tax
Worker compensation insurance
Holidays
Sick days
Vacations
Insurance
Retirement plans

Every business has unique needs and resources. Our CPA in NYC provides only those services you need to keep your finances error-proof. Your personal accountant at Nareshkumar CPA LLC can provide attendance tracking or a full range of payroll services. For example, to streamline your payroll, you may select accounting services such as: Payroll processing:

Time and attendance tracking
Overtime, holiday, and vacation tracking
Tax and benefits withholding
Free direct deposits
IRS/state tax filing and reporting, including EFTPS tax deposits

Detailed reports:

Monthly, quarterly, and annual payroll tax reports
Employee accruals (sick days, vacation days, personal days)
Tax forms (W-2, W-3, 1099)

New Hire Reports:

Creation
Filing
Reporting to government on your behalf

Maintenance of journal entries for payroll:

Initial recording
Accrued wages
Manual payments

Do you have questions about services we offer including Payroll Accounting in any states in U.S? Would you like to receive a personal Payroll Accounting consultation customized to your specific needs? To schedule an appointment with a nationally recognized, best CPA, Nareshkumar CPA LLC, please contact our accounting firm for a consultation.