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Financial Management
Payroll Management

Reduce staffing costs and increase accuracy with Acumatica Financial Management Payroll.

Acumatica Financial Management Payroll

Streamline payroll and simplify reporting with Acumatica Payroll

Streamline payroll setup, processing, and reporting, and reduce data entry. Increase the accuracy of data by automatically pulling time entry data into the payroll system. With Acumatica Payroll, eliminate the cost and complexity of maintaining an external payroll system and benefit from time flowing seamlessly across financials, project accounting, business intelligence, distribution, manufacturing, construction, and field service

Key benefits of Acumatica Financial Management
Payroll Management

Crew Time Entry

Construction and service companies have crews which work similar hours. Entering work hours by the team reduces the order entry time and errors.

Import Time to Batches

Save time and improve efficiency by importing time directly into Payroll Batches. This helps eliminate the need for an import scenario or the use of Time Management.

Paid Time Off Options

PTO Banks includes the ability to run negative balances, set individual employee accrual start dates, and specify how carryover hours are used.

Process payroll anywhere

Quickly set up, modify, and report on payroll from anywhere, using any popular web browser.

Streamline government taxes

Get timely, accurate updates to all federal, FICA, SWH, and local taxes—all hosted on Acumatica’s web tax service with no need for manual downloads.

Accelerate decision making

Use out-of-the-box reporting and inquiry screens to access and analyze payroll information easily.

Important Features of Acumatica Financial Management Payroll Managament

  • Set up multiple pay groups and process different pay period schedules (such as weekly, bi-weekly, or semi-monthly) and include different deductions and benefits depending on the specific group and period.

  • Increase security by using User Roles within Pay Groups to achieve segmented views and access across an organization.

  • Automate the processing of final (settlement) paychecks for exiting employees, including remaining PTO pay and then deactivate the employee’s account.

  • Set defaults that will apply at the time of employee setup.

  • These defaults include hours worked per week and year, location, WC Code and PTO accrual.

  • An outside service provides tax rates at no additional cost.

  • This ensures that the tax tables will always be up to date with federal, state, and local taxes.

  • Payroll attributes track specific items for a specific state or location, such as information for ACA or W-2s.
  • This gives significant flexibility about what can be tracked for each state and locality.
  • Add company-specific attributes.
  • Earning type codes are easy to define.

  • Unlike with other systems,  hundreds of pay codes aren’t needed —  just use a few easy-to-remember earnings codes.

  • Easily configure a list of overtime rules to be applied automatically to employees’ checks.

  • Set daily or weekly rules, and use the state, project, or union as additional parameters.

  • Track employee deductions as well as the portion the organization paid.

  • If the deduction and the benefit are related to each other,  enter the information once for both the deduction and the benefit.

  • Manage benefits easily.

  • Automatically stop calculating Workers Compensation when the wage limit is reached.

  • Use multiple reports right out of the box, and review payroll data quickly through inquiry screens.
  • Get anytime, anywhere access from a computer or mobile device.

Acumatica Financial Management Resources

Acumatica Financial Management Brochure

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