Uncollected Taxes Reporting
Local and FICA tax variance reports identify employees who fail to earn enough wages in a given pay period to cover taxes on their cash tip portion of compensation. With these reports, Paytime keeps restaurant management and employees up-to-date and recovers uncollected taxes in future pay periods.
Minimum Wage Requirements
Local and FICA tax variance reports identify employees who fail to earn enough wages in a given pay period to cover taxes on their cash tip portion of compensation. With these reports, Paytime keeps restaurant management and employees up-to-date and recovers uncollected taxes in future pay periods.
Manage Garnishments
A prevalent and major challenge for the restaurant industry is processing employee wage garnishments. Paytime has experienced staff to assist you with the calculation and payment of garnishments. We ensure accurate and correct implementation of garnishment orders.
Paytime can:
- Customize calculation codes
- Provide agency checks to restaurants
- Electronically deliver child support, tax levies and garnishments
General Ledger Interface
This Paytime interface applies payroll to the restaurant's general ledger accounting system. For example, earnings, taxes and deductions are posted to multiple accounts and payroll expenses are distributed to multiple accounts and locations. This customizable service helps ensure accuracy when applying payroll data to the general ledger.
