What Payroll Schedule Is Best For Your Business.

Every business has to decide which payroll schedule is best for their outfit and employees.

10 Questions to ask when choosing an online payroll provider. Your accountant runs monthly reports, not weekly reports that is why your accounting department may prefer semi-monthly pay periods, since the last paycheck of the month will typically coincide with the end of the month. For companies paying their employees biweekly, two months out of the year will have three pay periods instead of two. Your accountant must have payroll expense accruals so cost are recognized in the month the compensation was paid.