Payroll Service Costs
Affordable Payroll Rates
Choosing the right payroll provider can be a challenge. A lot
of payoll service providers have hidden fees for the little
things you don't expect. At PaySmart, our payroll rates are
affordable and easy to understand. We don't nickel and
dime our customers for the little things like most other
Per Check Fee
Our per check fee varies depending on the number of employees
receiving checks or direct deposits and the payroll processing freqency. The
higher the number of checks, the lower the cost per check.
Call us today at (888) 972-9762 or start a
payroll quote online.
Batch Processing Fee
A batch fee is the base expense associated with opening,
processing, and closing a payroll period. It establishes
the base price for processing a payroll and covers ancillary
operating expenses such as bank fees, ACH fees, direct deposits,
check stock, and software related expenses.
Payroll Delivery Charge
All shipping costs for mailing employee checks is a "pass
through" cost only. We offer paperless solutions including
direct deposit, online reports, and employee online webg access
for employers who want to eliminate shipping expenses. PaySmart has a
national account with Fed Ex which significantly reduces the
cost of shipping.
Payroll Tax Reporting Fees
At the end of each quarter, PaySmart files all State and Federal
quarterly reports with tax payments for employer and employee
withholding taxes including 1. Social Security/Medicare Tax, 2.
Federal Unemployment Tax, 3. State Unemployment Tax, and 4.
Local Tax (if applicable in your city). There is a nominal
fee for tax reporting.
Annual W-3 Transmittal and W-2 Printing/Mailing
At the end of each year, the IRS requires each employer to send
a W-3 Transmittal Form to the Social Security Administration
along with copies of W-2's. Additionally, Employers are
required to issue W-2 to employees. PaySmart does not
charge for the annual W-3. We do charge a small fee for
each Employee W-2 we print and mail.
New Employer Set-Up Fee
PaySmart make the set-up process fast and easy. Our
advanced payroll system allows for maximim customization for
employers. Set-up includes business information, employee
data, data conversion, tax regsitration (if needed), custom
reports configuration, direct
deposits, and general ledger set-up. Set-up fees vary
depending on the conversion process and number of employees.
PaySmart offers many other beneficial services to our customers.
Many of our customers love our
integated Pay As You Go workers compensation program. Other
employers like our HR Service Center, affordable 401(k) products, insurance
packages, and benefit
solutions. Contact a
Payroll Specialist for more information about the costs
associated with these services.
No Hidden Payroll Fees
We offer a great payroll service at a great price. We
don't charge clients extra for adding new
employees, direct deposits, payroll reports, garnishments, and
vendor payments for benefits.