What are the different service levels?
Pay Check Processing
FPS calculates your payroll, including the deductions and
withholding for all applicable tax jurisdictions. With Pay Check
Processing these amounts are reflected on an FPS prepared paycheck
drawn on your bank account. You do not have to furnish check stock.
Agency checks will also be prepared, if requested, for any other
deductions (e.g. 401k, garnishments, child support, etc.). You may
sign your paychecks or FPS will use a facsimile of your signature. In
addition, FPS can seal your payroll checks into window envelopes at
no extra charge.
Pay Stub Processing
Pay Stub Processing is for those who don’t mind writing
checks, but don’t like to calculate and track tax withholdings
and deductions. FPS calculates the pay and updates all of the
year-to-date figures. We then provide you with all of the information
needed to prepare your own pay checks.
Direct Deposit
Direct Deposit electronically transfers your employees’ pay
into their own checking or savings accounts. Your employees will
appreciate having their funds readily available on payday without a
trip to the bank. With Direct Deposit your employees will still
receive FPS prepared pay stubs.
Professional Reports
With any of the above options, professionally designed reports
will accompany your pay checks detailing your total labor costs for
the period.
Tax Deposit Service
In addition to preparing the checks, with Tax Deposit Service,
FPS will make the Federal deposit by coupon or EFTPS. For state
deposits, funds will be forwarded to the state using the appropriate
form or using EFT, if the state has this service available.
Tax Administration
After paying your employees and depositing the taxes due, the IRS
still requires the filing of various information forms including
forms 940, 941, W-2 and W-3. State and local governments may require
withholding reconciliation and unemployment payments. With Tax
Administration, the headaches of preparing these forms are left with
FPS.
Additional Benefits
FPS retains copies of all your information for 5 years. If your
records are destroyed, FPS can furnish copies. FPS will help you with
your payroll questions and problems. If you have a Wage-Hour question,
one of our experts will help you comply with the law. Various delivery
options are available, including next-day service, to insure you
receive your payroll information in a timely fashion.
Contact us at 1-800-877-3332
How do I get started?
The first step in getting started is to select the service level
you are interested in (see "What are my options?"). You may
wish to consult a Payroll Representative by telephone or have a Field
Representative stop by to help you find the solution that is right for
you.
After selecting your service level, you will be provided with an
information checklist that must be completed in order for us to begin
processing your payroll. Your Payroll Supervisor or Field
Representative will assist you in completing this checklist.
Once the set-up is complete, we may begin processing your payroll.
Before each pay period, you need to transmit overtime, hours worked
for hourly employees and any other adjustments. This information can
be transmitted by telephone, fax or e-mail.
Contact us at 1-800-877-3332
How much does it cost?
Like any quality investment, we believe the benefits of Federated
Payroll Service outweigh the costs. You will not only save time and
money by not having to calculate and write pay checks or file and pay
taxes, but you will have peace of mind knowing that you are in
compliance with ever-changing and complex payroll tax laws and new
hire reporting mandates.
Federated Payroll Service offers straight-forward pricing options
based upon the numbers of checks you issue. We do not have hidden
charges such as electronic signature or envelope stuffing fees, check
stock fees or additional report fees. We believe that these
conveniences should be part of the complete package when you obtain
our service.
This total service commitment coupled with the freedom of no contracts
or conversion fees makes FPS a cost-effective-alternative to in-house or
other payroll services.
Call today for a quote: 1-800-877-3332
What if I am not a Federated member?
You do not have to be a Federated Accounting member in order to
sign up for Federated Payroll Service. All of the same service levels
are available to non-Federated members however you would not be
eligible for our "Preferred Pricing Plan". Please contact a
Payroll Supervisor for a price quote.
Contact us at 1-800-877-3332
What type of reports will I receive?
We have provided some sample reports for you to view. Adobe Acrobat
Reader is required to view these sample reports.
Sample Cover Sheet
Sample Pay Check
Sample Payroll Journal
Sample Check Register
Sample Data Entry Worksheet
Contact us at 1-800-877-3332
