Accountant Rancho Cucamonga  -  Whyte & Associates, INC

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Whyte & Associates, Inc. - Reviews Great company. I have been working with them for the past three years and they never let me down! Incredibly professional and and responsive.
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Whyte & Associates, Inc. - Reviews I have know Steve and his firm for several years. He is a gentleman. His team is friendly and caring. I would highly recommend Steve and his team to everyone!
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Rancho Cucamonga, CA team offers live payroll service for direct deposit and live checks

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Whyte & Associates, Inc. in Rancho Cucamonga, CA provides live payroll service

Whyte & Associates, Inc. in Rancho Cucamonga, CA provides live payroll service among other business and tax-related services that can be customized to the needs of each business. Running a business involves time, effort, and energy to handle all of the minute details for day-to-day operations. Outsourcing payroll is one way to ease your stress.

Outsourcing non-core functions is often helpful for business owners. While payroll is essential for the business to operate, it is not the focal point that makes a profit. Non-core functions may be time-consuming and potentially tedious yet are necessary. Your time is better spent focusing on the money-making aspects of your company. Payroll is often outsourced for several good reasons.
  • Your time is precious.
  • Our team of business consultants has experience and the necessary technology to complete numerous tax and payroll forms.
  • Payroll companies help reduce your costs and risks by helping you update and have accurate recordkeeping.
Schedule Your Appointment Today (909) 575-0080

Payroll services

Businessman hand over a cheque to his customer in the office At Whyte & Associates, Inc., we offer live payroll which consists of cutting live checks, submitting direct deposits, and printing vouchers. Each method ensures your employees are paid in a timely, accurate fashion. However, the methods are different. When you contact our office for payroll services, we will work with you to find the most appropriate situation for your business and your employees. The option that works for one business may not work for the next. Our professional business team will explain the options for payroll and provide you with the best services for your needs.

Direct deposit and live checks

As a business owner, you have options on how to pay employees. The two most common payment options are direct deposit or a live paper check. Either method works as long as both are issued on the regularly scheduled payday. Although employees are able to access their money more quickly with direct deposit, there are pros and cons to both methods.

Business owners and employees may benefit from the convenience of direct deposit over live checks. For employers, software is configured to send electronic deposits to the employees’ bank accounts. It is a simple process and your employees wake up on payday with money in their accounts. With direct deposit, there is no time or money needed for filling out checks as the payments are processed online. For live paper checks, a supply of business checks is needed. For large businesses with many employees, you may need to constantly order checks. Then, the checks need to be printed, which is an added cost or they can be handwritten and distributed, which requires extra time.

Employees can be paid by direct deposit or check. However, employees must have an account with a bank in order to actually have their funds deposited. Banks do not have to open accounts for everyone and some may refuse to do so for individuals who have bad credit. To cash a live check, anyone with a valid form of identification can cash a check through a bank or check cashing center, although fees may sometimes apply. Therefore, business owners can pay anyone by live check but not through direct deposit.

Lady checking daily expences Fees apply in some instances to cash checks. Some banks charge check cashing fees to cash checks for individuals who do not have accounts. Fees are not assessed when patients have their checks directly deposited.

Fraud is a big issue and unfortunately, is an idea that needs to be considered. For individuals who are worried about fraud, there may be more protection with direct deposit. With this method, employees’ bank statements may show the name of the company and deposit amount but not the business’ account number. Live paper checks contain an account number, the routing number, and the name and address of the business. That information could be used to gain unauthorized access to your account.

Many payroll companies only focus on payroll services, nothing else. This means they may not understand how payroll and taxes impact your business as a whole. Our company is experienced in a range of business needs including payroll, taxes, and business consulting. We have the experience and technology to handle the details involved with payroll preparations.

Let us ease your mind with payroll and other aspects of your business. Contact Whyte & Associates, Inc. in Rancho Cucamonga today. Call (909) 575-0080.