Payroll System
The ETA Payroll System efficiently handles the preparation of employee checks and provides management with the necessary reports to analyze and control labor costs and to provide the information for government reporting.
The Payroll System is a payroll by exception system. Payroll by exception means that you initially set up the normal payroll information for your employees and, after that, the only information you need enter for each pay period are any exceptions to the normal information. This eliminates routine data entry for your employees, resulting in greatly reduced processing time and the elimination of errors.
Payroll by exception. Requires only the entry of exceptions to the established payroll
Creates general ledger distributions and creates general ledger journal transactions
Maintains the taxable earnings and tax withheld for federal, state, and local taxing authorities
State retirement calculations and magnetic media reporting
Cafeteria plan system
Accrual of vacation and sick leave hours with liabilities
Prints payroll checks, quarterly reports, and W-2 forms
Magnetic media reporting for W-2 forms
Magnetic media reporting for quarterly reports
Payroll check reconciliation
Multiple pay frequencies (weekly, bi-weekly, semi-monthly, monthly). May be processed separately or in combination |
