INTERAC Payroll Deduction Management System
October 26, 2023
Are you tired of the time-consuming task of manually creating AP invoices for taxes and deductions? INTERAC’s Payroll Deduction Management offers a seamless solution to automate this process, saving you time and reducing the risk of errors. Here’s how it works:
- Automated AP Invoices: INTERAC’s system effortlessly integrates with your existing setup to automatically generate Accounts Payable (AP) invoices for taxes and deductions. This eliminates the need for manual data entry, ensuring precision and efficiency.
- Vendor Assignment Simplicity: Begin by assigning specific vendors from the AP module to the corresponding taxes and deductions set up in your payroll system. This straightforward step establishes the foundation for the automated process that follows.
- Effortless Correlation Setup: Once vendors are assigned, the correlation process is completed. This ensures that the system accurately allocates funds, letting it take over without the need for constant manual intervention.
- Automatic Journal Generation: Whenever there’s a payroll update, the system automatically generates a journal containing the associated invoices for the withholdings. This step is pivotal in maintaining an accurate financial record.
- Streamlined AP Processing: The generated journal seamlessly moves to the AP module for processing. This optimizes the entire AP workflow, facilitating efficient check writing and vendor payments.
- Hands-Off Efficiency: One of the standout benefits of INTERAC’s Payroll Deduction Management is its hands-off approach. By automating the entire process, you can redirect valuable time and resources towards other critical aspects of your business.
- Expert Support: If you need assistance or have questions about implementing INTERAC’s Payroll Deduction Management, our dedicated Intersoft Support team is here to help. Reach out to them at 800-547-6429 or drop an email at support@intersoftsystems.com.
Conclusion
With INTERAC’s Payroll Deduction Management, you can transform how you handle taxes and deductions. Say farewell to manual data entry and welcome a more efficient, automated approach to managing your finances. Let INTERAC shoulder the load, allowing you to focus on growing your business.