Accurate and easily available monthly income statements and balance sheets are critical for the success of any business. Most businesses separate their payroll and accounting departments but for ease of administration it makes good business sense to be able to seamlessly move information from the payroll into the accounting system.
“Instead of having to import and export information, the seamless integration functionality in Sage Pastel My Payroll Online with Sage Pastel My Business Online streamlines and simplifies the process of transferring payroll information to the accounting system. Information is reconciled and despatched with a mouse click.”
“Seamless integration between payroll and accounting systems whereby payroll expenses and liabilities are updated in the accounting system, improves business processes,” says Sage Pastel My Payroll Online business manager Karen Schmikl.
The integration functionality is accessible at no charge to users of the Sage Pastel My Payroll Online system. It keeps track of any changes to the payroll affecting the journal, notifying users when alterations are made and thereby ensuring that the payroll and accounting systems are always synchronised.
Should users forget to post a processing period they are able to rectify the omission without having to conduct a tedious restore and back-up operation.
Schmickl adds that security functionality ensures that users are valid, meaning that only users entitled to post journals are able to do so, thus securing access to the information. Back-ups are done every day and with the roll-over of each reporting period.
“With Sage Pastel My Payroll Online accountants don’t have to manually import information and reconcile it, saving time and costs. Companies using the Sage Pastel My Payroll Online system can obtain the online integration at no cost. The time saving and efficiency benefits from this seamless integration are very tangible.”
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The post SYSTEM FOR THE SEAMLESS INTEGRATION OF PAYROLL WITH ACCOUNTING SAVES BUSINESSES TIME AND MONEY appeared first on Sage South Africa Online.
