In today’s unpredictable economy, companies are trying to find new and innovative ways to keep the staffing needs going while dealing with budget cutbacks and dramatic fluctuations in the market. In this type of economy, smart companies know that they can’t stop their manpower requirements activities – especially if they plan on establishing healthy longevity in their business. So, where do they turn when staffing needs is necessary, but resources, expertise, focus, and funds are scarce? They find the answer in outsourcing.

In the modern business environment, a number of companies are understandably uncomfortable with the risks inherent to expanding their staff. This is not because of a lack of positions to be filled or by problems with the competency of the screening process. Instead, it is because of all the paperwork and technicalities involved in adding new members to an existing workforce. This has made the option of offshore staffing a popular choice for companies in this situation. The business gets the new staff they require, but don’t have to deal with things like payroll accounting, record keeping, and benefits allocation that typically come attached to hiring new workers.

MBA Software and Consulting has been helping growing and mid-size companies run their businesses more efficiently since 1979 and one of its most well known products is its payroll accounting software. MBA customers span across many industries from retail, manufacturing and consumer goods to government, printing, healthcare and others and some of them had been customers since the company’s inception in 1979.

MBA Software and Consulting SERIES 3 Payroll allows the client company to maintain control of its payroll and payroll taxes. Through sophisticated employee tracking, fast paycheck generation, and comprehensive reports, the client firm can deliver greater control and lower operating expenses. Checks can be printed on blank check stock and all payroll transactions can be posted to General Ledger, keeping company financial statements accurate and up-to-date. Payroll transaction entry allows for rapid data entry, yet is flexible enough to handle the exceptions that inevitably arise. Once the employee, department, and payroll record information is set up, Payroll can automatically calculate the checks. The payroll officer or staff simply reviews and edits the employees’ checks as they are calculated. Federal, State, and Local taxes are automatically computed, as well as FICA, FUTA, SUTA, and SDI deductions and liabilities. The Preliminary Check Report allows the company to verify the accuracy of its pay run before printing check batches. Liability and Quarterly reports are invaluable aids in filing reports to taxing authorities. Multiple payrolls within the same company, each having user-defined earning and deduction categories, may be maintained and processed. Payroll checks can be calculated for both salaried and hourly employees based on pay periods ranging from weekly to quarterly. Several preprinted check formats are provided, or the company can use Direct Deposit to have employee’s checks deposited into their bank accounts. Checks can also be printed on blank check stock using our special MICR interface. All Payroll transactions can be posted to the SERIES 3 General Ledger, keeping the company financial statements accurate and up-to-date. The departmentalized postings can be specified as either in detail or summary format.

MBA Software and Consulting Series 3 is ideal as small business payroll accounting software, and also functions well as general ledger software. It is designed entirely from customer input, meaning it completely conforms to the needs of users and features rich modules that represent real life business requirements, making it ideally suited to a wide range of different industries.

Accountancy Champs, the Chartered Certified Accountant UK, provides Accountancy, Bookkeeping, Tax and Payroll services at competitive prices to entrepreneurially-led owner managed businesses that are small, medium and large businesses based local, national and international.

It offer a wide range of services for e.g. limited company formation, company secretarial services, tax consultancy, Bookkeeping, Business start-up packages, Inhouse Accounts Department, Accounting Software, Annual Accounts, Personal Tax, VAT Reclaim, Cash Flow, Credit control, Consultancy, Payroll, Company Formation, Training, Contractor Solutions, Self Assessment, Tax and CIS Rebate, Assist with HMRC Investigation, Budgets, Audits, Access to Business Finance, Business plans, Finance Director/Manager on Demand, General Business Advice, VAT, Corporation Tax, NI Rebate, Management Accounts, Forecast and HR services.

With over 15 years extensive commercial experience, working for businesses like yours, you get real advantage over other firms of accountants, many of whom have only ever been accountants and never been in the same as the small business man.