In order to pay wages and salaries in 2019, a small business needs to cope with the new rules introduced in the budget at the end of 2018, including changes to PRSI and the usual taxation changes. Please see our PAYE Modernisation blog post with the new PAYE changes that were introduced in 2019 https://www.eonvia.com/blog/paye-modernisation/. Getting payroll software for small business will greatly help efficiently process your payroll and reduce the amount of time spent on administration.
Small Business Payroll Software Thesaurus
Eonvia is an agent for Thesaurus Payroll software in Cork which we believe is the best payroll software for Irish Small/Medium Businesses. Thesaurus is a very simple system to use and has a very user friendly way to assist you with processing your payroll. Unlike other systems, it can print pay slips onto plain paper rather than forcing you to buy customised stationery which will help you keep your costs low. As a step towards the paperless office, the software also enables you to email pay slips, obviating the need for printing at all. There is also an option to password protect your Employees payslips, we strongly recommend setting a password on your Employees payslips for GDPR purposes. Thesaurus release a new version every year which has the most up to date tax information.
Payroll System which Interfaces with the Revenue On-Line Service (ROS)
In terms of interfacing with the Revenue On-Line Service (ROS), the software provides all the files needed for downloading/uploading your Employee’s Tax details and your payroll taxes. With Thesaurus, you’re not held to ransom when it comes to the end of the year. With other software packages, you are required to buy the “annual renewal” before you can run the end of the year ROS reports – a particularly unappealing business practice. If during the year, you want to see or explain precisely how someone’s tax is calculated, thesaurus software will give you a clear, simple to follow print-out of exactly how the amounts are arrived at. Finally, when it comes to paying multiple employees at once, the automated bank payment files will save you a lot of time.
Competitively priced payroll software & systems for the small business
Even if you are the smallest of businesses and don’t already have a payroll system, remember that your employees are entitled to a payslip and automating pay can save a lot of headaches and confusion further down the road. A single company package costs only €149+VAT per year. The start of the year is an ideal time to install a payroll system so give Eonvia a call today on 021-4642096. We’ll be delighted to help.