TRAVERSE® Payroll keeps you current with government reporting requirements while giving you total flexibility. In addition to printing checks, you need to maintain detailed records with clear audit trails, track sick and vacation days, and keep up to date with tax law changes. TRAVERSE Payroll can handle it all. It also enables you to analyze payroll expenses and employee productivity as well as control costs and review expense distribution.
Payroll is based on the award-winning feature set of OPEN SYSTEMS® Accounting Software, yet it was developed with Microsoft Access. This means you have a seamless interface to other Microsoft Office products such as Word, Excel, and Mail as well as HTML language for the Internet. You can export reports - including headings, data, and formulas - with just a click!
With this module, you can produce detailed reports to help you plan and generate a budget. Manage Your expenses efficiently by tracking FUTA, SUI, Medicare, and Social Security, as well as earnings by department. You decide whether to calculate scheduled deductions as a fixed amount, a percentage of gross pay, an hourly rate, or a declining balance. You can easily produce W-2s - printed on forms, mailers, or stored on magnetic media to meet federal requirements.
You'll have the flexibility to set up your payroll according to your terms. Define pay codes for regular, overtime, double-time, sick, vacation time, or any other payment method for hourly employees. An unlimited number of user-definable deductions are allowed per company, as well as taxable and/or nontaxable earnings codes and an option for fixed federal, state, and local witholdings.
You can edit manual checks or system calculated checks prior to printing.