Since the beginning of 2024, we have experienced a fantastic period and are thrilled to announce the latest updates in our product. Our dedication to ongoing innovation is central to our business practices. We have implemented substantial enhancements to Zoho Payroll to simplify your payroll processes.
Refer to our blog post for more information on this topic. This integration allows direct communication between employees and their payroll administrator through the portal, reducing the burden on the payroll team during peak times. It addresses inquiries about salary deposits, deductions, and other related queries promptly, benefiting both HR executives and employees.
Exciting news! Zoho Payroll is now available for businesses in Ohio, offering state-specific compliances and the perfect payroll solution for all Buckeye State businesses. Don’t miss out on early access – contact us today to enable it for your business.
It is more convenient to modify your company’s financial planning and budget or ensure compliance with unemployment regulations using Zoho Payroll’s adjustable FUTA rate. If the minimum FUTA amount is reduced to $2,000 by the law, you can easily update the system and allocate surplus funds more efficiently.
No longer feel perplexed by the diverse group of employees who are torn between the old and new systems. Now, you have the option to effortlessly import your employees’ preferences in bulk as a CSV or XLS file, and allow Zoho Payroll to handle the rest for you.
Your employees can now conveniently access all pre-tax elements of their salary, including health insurance premiums and flexible benefit plan components like fuel reimbursement or internet allowance. This increased transparency enables them to plan their tax savings effectively and maximize their net pay.
Before, our employee portal only displayed gross and net pay on payslips, without including the CTC figure. However, following a recent update, employees now have access to this important information. This improvement allows them to better understand their pay package, compare it to industry standards, and see the percentage increase from the previous year. By providing this transparency, we hope to remove any confusion and give our employees valuable insights into their compensation.
Have you provided financial assistance to a staff member by disbursing cash from your cash register? Easily document this transaction using Zoho Payroll, which allows you to record even the smallest cash outflows from your business and automatically transfer them to your journal entries through the seamless integration with Zoho Books.
One way to streamline your operations is by allowing employees to utilize their 10% employee discount to purchase company stock on-site. By automatically calculating their bill amount and deducting it from their payslip, all transactions can be efficiently recorded in the appropriate ledgers. This integration between Zoho Books and Zoho Payroll not only simplifies your workload, but also helps to organize your journal entries effectively.
We understand the importance of staying up-to-date with the latest features and improvements in our product. Our commitment to innovation drives us to continuously enhance our payroll SaaS platform for the benefit of our customers. Here’s to a successful quarter and an even better Q2 ahead filled with exciting business opportunities and experience.
If you have any queries, please feel free to contact us Yuga ERP