Xero, the cloud accounting software company, released Payroll for the state of Georgia this week, taking the number of states serviced directly in the small business platform to 21.
By building a seamless online accounting platform that incorporates payroll, data flows seamlessly between the two functions meaning books and business financials are kept up-to-date and the amount of data entry required is slashed.
All the payroll calculations are taken care of automatically in Xero Payroll, so small business owners can pay their employees through direct deposit or with instant paychecks. Additionally, time sheets are included at no extra cost for all employees. Detailed reports are also available to help keep track of company’s payroll information. Employees can even enter their own time sheets, and view time off and pay history through their own employee app.
The platform is also set up to remind small business owners when they have to file and pay payroll taxes so they don’t miss deadlines. Electronic filing and payroll tax payments are not currently supported, but these items will soon be supported. .
Russ Fujioka, CEO, Xero US, stated “With the release of Georgia, Xero now supports 21 states – which allows us to provide payroll support to over 60% of the US small business population. This release is also a great milestone as we are well on our way of bringing payroll support to all 50 states."