Financials
Payroll
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For some wholesale distributors, there's no substitute for having the control and flexibility of doing payroll in-house. But generating payroll in this way comes with a host of challenges: complying with government regulations; calculating earnings, deductions, and taxes; printing checks; or giving employees the option of direct deposit.
NetSuite's financial software for wholesale distributors enables you to do payroll in-house easily, quickly and accurately. With NetSuite wholesale distribution software, you can manage your payroll with complete confidence.
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- Get the full control—and significant cost savings—of processing payroll in-house.
- Make rapid changes, which are reflected instantly to give you an accurate view of the payroll company-wide.
- Payroll is integrated with the general ledger, ensuring that the general ledger is always current.
- Options such as direct deposit give employees more flexibility and boost company morale.
- All government obligations, withholdings and forms are managed directly within the software, freeing up your time and resources for more vital tasks.
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- Generate a range of payroll reports, including check register, liability, payroll summary, payroll detail, as well as hours and earnings.
- NetSuite tracks, gathers and creates all relevant government forms (such as W-2s or 1099s), taking the burden off you.
- Set up federal withholding, federal unemployment, Medicare, social security, and advance earning income credit with a click of a button.
- Company contributions, such as 401K, health insurance, or other dues, are fully integrated into the software.
- Either print checks, or offer employees direct deposit.
- Track all employees' sick and vacation time automatically.
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