Payroll administration seems to be a simple operation, but it is an area of administration that must be done in a timely and accurate manner. It also requires a large amount of staff time as well as unhappy employees if it is done incorrectly or in an untimely manner.

Payroll Administration consists of:

1. Calculating the gross and net payroll for all employees
2. Depositing all appropriate withholding taxes and company withholding obligations in the proper accounts.
3. Verifying to the employer that the appropriate withholding deposits have been made.
4. Paying the employees either by check or direct deposit to their individual account.
5. Reporting the operation correctly to the appropriate parties.
6. Quarterly and year end reporting to the appropriate authorities.

Nothing upsets employees like delays or mistakes in their pay check. Let GMT handle this function for you, and you can be assured it will be done correctly and on time. It is inexpensive and will allow you to keep your administration staff at a minimum. It saves you money.