What exactly is After-The-Fact payroll?
After-The-Fact means after the payroll has already been issued the values are recorded for compliance reporting and other purposes. Taxes are not normally computed, although that can sometimes speed up entry. Payroll is usually performed by employer and the accountant does the After-The-Fact part.
After-The-Fact payroll is most often used by accountants to record information for payroll that was done by their clients. AMS Payroll, our After-The-Fact payroll and Live payroll module, offers you the opportunity to show how what you do makes a difference in your client’s business, and to ensure payroll compliance.
Its other uses include recording of year to date information when first installing a payroll software program or adding a client/payroll, recording a manual check, or to record any other increase in an employee’s payroll information.
While offering these payroll checks and payroll reporting modules in our software, Advanced Micro Solutions keeps you organized and up to date!
Important features to note:
- Processes Live or After-The-Fact payroll.
- Supports all 50 states plus the District of Columbia
- Up to 1,999 Payers supported.
- Up to 9,999 employees supported per payer.
- Easy Payer and Employee Setup.
- Network and multiple PC installation included (site license applies).
Thank you for your interest in Advanced Micro Solutions. If we can be of any further assistance, please visit our website at www.1099-etc.com.