Basic Payroll Processing
Basic payroll processing consists of gathering information (via phone, fax, modem, or Internet), accurately processing data (calculating gross pay, employee and employer taxes, deductions or adjustments, benefits, and net pay), and the timely delivery of paychecks and management reports weekly, bi-weekly, semi-monthly, monthly, quarterly, or any combination of frequencies.

PC Remote Software
In addition to phone, fax, or Internet, you can enter your information into our leading-edge software program at your site and then transmit your payroll to Precise Pay for processing via a dial-up modem or a dedicated connection (such as DSL or a T1). The software includes a robust Human Resources module, user defined security (can be field specific), an easy to use yet powerful report writer, all reports can export in many common formats ranging from ASCII to Excel, and pre-process registers allow you to review your information before sending it to us for processing.  This solution provides you with the highest level of flexibility, control, convenience, and multiple levels of security.

Internet Payroll Processing

Precise Pay offers a 100% online solution to your payroll needs, providing a complete set of features in an easy to use, Web-based package.  You have the ability to add, change, or delete company and employee level information, process payroll, and view and print reports directly from any Web browser.  You can also calculate manual checks as well as "gross-ups" (you simply input the desired net pay and the system will automatically calculate the corresponding gross pay amount), import time clock information, and utilize Employee Self-Service features (employees can view prior payroll checks and basic demographics while submitting change requests all online).  User defined security allows multiple locations to see and enter just their information.

Standard Reports
In addition to the employees’ checks and check stubs, Precise Pay provides basic reports which consist of the following items: a Payroll Check Register (details the gross to net breakdown for each employee); a Payroll Summary (summarizes the company totals for gross wages, employer liabilities, employee taxes, deductions or benefits, net pay, and a detailed breakdown of our service fee); and a Next Payroll Worksheet for the following payroll. At the end of each quarter and at year-end, you receive signature ready federal and state payroll tax returns if you do not participate in the following service.

Tax Deposits and Tax Returns
Precise Pay provides automatic tax filing and tax payment services as part of our basic service. This includes the preparation and submission of federal, state, and local payroll tax returns and the deposit of related payroll tax funds with the appropriate tax authority in all 50 states. Precise Pay is a registered bulk filer with the IRS, holds all client tax funds in a separate tax escrow account, and is fully EFTPS compliant. We also assume responsibility for timely and accurate tax deposits and tax return filings for your company. 

Direct Deposit
As part of our basic service, we can electronically deposit your employee’s net pay directly into their bank accounts via ACH with as little as 12 hours notice in some cases. Employees receive a detailed direct deposit pay stub for their records.

New Hire Reporting
Federal and State legislation requires employers to report certain information for all new hires (designed to help states enforce child support judgments as well as prevent fraudulent workers’ compensation and unemployment claims). As part of our basic service, we can either file the information directly with the State or provide a report that you can fax or mail to the State.

Laser Check Signing/Stuffing/Sealing
Laser-encoded signatures printed directly onto paychecks during payroll processing eliminates the need to sign payroll checks. Add envelope stuffing and sealing, and pre-signed paychecks can be delivered directly to multiple locations ready to distribute.

Precise Checks
Precise Checks consists of one simple debit for all of your company’s net pay while individual payroll checks are written against Precise Pay’s escrow account. The Precise Check option eases or eliminates such things as bank statement reconciliation, canceling lost or stolen checks, dealing with uncashed items, etc.

Third Party/Garnishment Checks & Electronic Transfers
Not only does Precise Pay handle the calculation of third party payments (such as those to government agencies for garnishments or to benefit providers for 401k or S125), but we can also produce checks or electronically transfer funds for any combination of deductions and/or benefits.

Time and Attendance Systems
The cost associated with managing time cards is tremendous (click here for specific figures). As such, Precise Pay has teamed up with leading Time and Attendance System providers to offer an integrated, turn-key solution.

Advanced Reports
We offer a wide variety of specialized reports ranging from Vacation/Sick Accrual (by hours and/or dollar amounts), General Ledger, Workers' Compensation, Benefits Reporting (401k, S125), Tip Allocation and Tip Credit, Labor Distribution, Job Costing, Union Certified Payroll, and customized accounting packages. We also offer Custom Reporting in order to provide precisely what you need from your reports.

Tool Benefit Plan
Our tool benefit program is a proven employee expense reimbursement plan that significantly reduces employer expenses while increasing employee take-home pay.  In trades that require employees to use their own tools and equipment, both employers and employees can experience significant benefits (click here for more information).

Human Resource Services
We provide human resource services for the small to midsize employer through our Select Source Program (see below). These services range from employee handbooks, IRS Section 125 (cafeteria plan) administration, SUI administration, and 401k record-keeping.

Select Source Program
Precise Pay offers employee benefits plans and administration (S125 & 401k), complete Human Resources solutions, and workers' compensation insurance coverage through our Select Source program. Contact us for more information by calling one of our local offices, or e-mail us at info@precisepay.com.

The Conversion Process
Precise Pay's excellent service starts even before you become our client. We proactively manage the conversion process to ensure an easy, smooth and seamless transition. Because we audit and balance your year to date information, we can guarantee our accuracy going forward as well as provide all quarter and year end returns.  Your time and involvement will be limited, and your employees will probably realize the change only from the improved, detailed earning statements they receive from Precise Pay.