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Restaurant Payroll
  
Learn about the new version 
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 Restaurant PayrollRestaurant payrolls are unique... that's why we have developed tools and functions to help manage this process. With tips, multiple rates of pay and POS interfacing, we've got you covered.Features for restaurant payrolls include:Tip to Minimum CalculationsAPS OnLine will automatically "gross-up" a tipped employee's wages in the event that the employee does not earn enough tips to make minimum wage. This is also known as "Tip to Min". With APS OnLine you know which employees will be grossed up prior to submitting the payroll information. That way if adjustments need to be made, you can make them before the payroll is processed, rather than trying to fix problems after the payroll arrives. For more complex payrolls, each income item can be flagged to be included in the Tip to Min calculation.Tip Credit Overtime CalculationsOne of the most difficult calculations for a restaurant payroll involves the tip credit and overtime pay for tipped employees. With APS OnLine there is no need to create another wage type or setup an additional rate of pay for the employee. APS OnLine knows which employees are tipped and what the overtime rate should be. And, just like the Tip to Min income item, you can see the overtime pay for each employee before the payroll is submitted.Unpaid Deductions Report & Automatic Make UpIn many cases for tipped employees, the employee's net pay is not enough to cover the full tax withholdings and additional deductions. Our unpaid deductions report details this information and is prepared with each payroll. Reports containing this information can be pulled from APS OnLine for any time period for any employee, thereby allowing you to make necessary adjustments and recover unpaid deduction amounts. This may sound good, but we've taken it one step further. Each deduction can be established to allow a "partial deduction" or to automatically make-up the deduction on the next scheduled payroll.Point-of-Sale (POS) interfacingWith interfaces in place for many of the more popular POS systems, you won't have to re-key your employee time clock data; thereby maintaining the integrity of your data and reducing payroll errors. After importing your data, any necessary adjustments can be made to employee hours or tips before submitting the payroll. In addition, the Batch Report will detail the income items and deduction items of each employee.Multiple Rates of PayIn most restaurants, employees will perform multiple jobs, such as hostess, wait staff, kitchen, or shift manager. With APS OnLine, employees can easily be assigned multiple rates of pay for each job or department. All pay rates are detailed on the employee's pay stub, reducing the number of employee payroll questions.Workers Compensation ReportingBy departmentalizing your payroll, each worker's comp classification can be tracked and paid using the proper code and rate. A worker's comp report can be generated at any time for a given time period using the APS OnLine reporting tools.Form 8846 Reporting - Credit for Employer Social Security and Medicare Taxes Paid on Certain Employee TipsAs an owner of a food and beverage establishment, you are allowed to claim a credit on your personal income taxes for social security and Medicare taxes paid on certain employees' tips. Calculating the credit can be a difficult task and many owners simply do not have the time to make the proper calculations and end up forfeiting the credit. With APS, we can calculate the credit and generate the 8846 report in seconds.Generally, the credit is figured on the portion of tips received by the employee that is greater than the old minimum wage rate of $5.15 per hour multiplied by the social security and Medicare rate of 7.65%. To gain a better understanding of how the credit is calculated, lets assume that a tipped employee averages the current minimum pay rate of $7.25 per hour, including tips, and works 30 hours per week. The portion of tips received above the minimum wage is $2.10 per hour. On an annual basis, the credit would be $2.10 X 30 hours per week X 52 weeks X 7.65% = $250.61. Now multiply the credit for one employee by the total number of tipped employees and savings adds up fast. The total tax credit reduces your personal income tax liability on a dollar for dollar basis. If you would like more information regarding our Restaurant Payroll Solutions, please fill out and submit the information below and one of our representatives will contact you. |
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Payroll Systems, Inc. - Toll Free 888.277.8514 - Phone 318.222.9774 -
Fax 318.222.0601 - www.apspayroll.com |
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