subject: Bring Payroll In House by Using Computerized Business Checks [print this page] Bring Payroll In House by Using Computerized Business Checks
Nearly all businesses are cutting costs because of the economy. With a lack of customers, a company doesn't have the funds to do what it used to. But instead of simply closing up shop, reducing expenses and salaries is one approach to staying afloat. Out of all expenses that can be cut or reduced, payroll can be changed. Rather than outsourcing to a separate company, do your own payroll in house with computerized business checks.
Representative of your company, business checks come in manual and computerized forms. While the former is ideal for a typical transaction, computerized business checks are ideal for payroll. Printers make business checks that work with standard accounting programs, such as QuickBooks and Quicken, and all you need to do is create a set that represents your business and has the appropriate account information.
Computerized business checks are more than the check itself. Rather, a stub is attached to each and displays all payroll information: how much the worker earned and what amount is allotted to taxes and social security. Printers offer multiple options for these checks, but the stub is always attached.
But, you may ask yourself, is doing in-house payroll practical? If you or another worker have been balancing the books and calculating weekly salaries, the change will not be significant in your office. After all data is entered, you simply need to enter it into an accounting program and print your checks.
In creating a set of business checks for payroll, think about the design for your company. If your logo is already displayed on the manual checks you use, why not also put it on your computer checks?
Adding logos is a free service offered by a check retailer or printer, but if your company does not have a logo, now is not the time to use the expenses to create one. Instead, find a color that is easily associated with your company and use that shade for all of your employees. Similarly, see that all business information is displayed on the check. As you are using your business's account for payroll, your checks should reflect this.
