Preparing payroll is generally one of the more complex aspects of small business accounting.
While it is still possible to calculate tax and national insurance by hand, or issue handwritten payslips, computerised payroll systems can help automate the process, saving you time and money along the way. A range of options is available for payroll, so it's important to explore the tools and the technologies available in order to make the best decision for your business.
This guide explains the different types of computerised payroll systems and the advantages of payroll software. It helps you consider do you need payroll software and weigh advantages and disadvantages of outsourcing payroll. Finally, it looks at payroll software: what it can and can't do and provides tips on choosing a payroll software supplier.