If you're analytical, Fingercheck's "Preview Payroll" feature offers you a complete in-depth and comprehensive breakdown of the entire cost of your payroll, listing individual expenditures allocated to exact earnings, tax withholdings, direct deposit details, deductions, and employer contributions and taxes. Every cost is broken down and listed in plain terms, allowing you to scrutinize payroll to your heart's content. Interested? Here's how to preview payroll.
- Log onto your Fingercheck account and go to the “Payroll” tab.
- Click "Run Payroll."
- Move through the steps until you reach Step 5, Payroll Preview. Directly within the window, a breakdown of your payroll is organized into a grid. If you want a deeper look at your payroll data, you can download a PDF file by clicking on the PDF icon to open the payroll preview report. The Excel Spreadsheet icon next to it provides a more basic summary, listing each employee’s total hours, gross pay, deductions, taxes, direct deposit, and net pay.
- As you can see, the report is organized by the employee, and breaks down each pay item that contributes to payroll:
Earnings by hours pay rate, and gross pay; Payroll Tax Liabilities Withheld from Employee’s Paychecks, including federal income tax, Social Security, Medicare, state, and local income taxes; Employer Contributions and Taxes Paid by the Employer, including the employer's share of Medicare and Social Security, FUTA and SUTA; Direct Deposit Details; Deductions; Net Pay; Check Amount.
Using our tool, which provides you with a clear and complete breakdown of your total payroll costs, you can preview your payroll and become the ultimate master of your company's payroll.
To learn more about our cost-effective and user-friendly cloud-based time and attendance software, check out our website at Fingercheck.com. Interested in our services? Sign up for a 30-day free trial and get started with Fingercheck today.