Companies are used when creating a pay stub and for some work locations where local taxes apply. Note, companies are optional and not needed for any calculations.
When creating a company inside PaycheckCity Payroll you can input a variety of information:
- Name of Company.
- EIN (Employer Identification Number) also know as a Federal Tax Identification number.
- Location information of company including, Address, City, State, and Zip Code.
To make a company, navigate to Start in the menu bar and click "Companies."
Then, click on the add a company button.
Provide the company information.
Finally, click "Save."
Now that you have created a company, when you run a calculation, just select the company for the scenario you are running and all of the company data automatically populates into the calculator, saving you time and effort.