Direct deposit is an easy way to simplify your payroll. If you’re thinking of switching from using actual paychecks to using direct deposit, check out this direct deposit payroll calculator to figure out how much the transition will cost you. This convenient payroll calculator is available for free download here.
With this direct deposit payroll calculator, you can calculate the approximate costs of switching to direct deposit for your business’s payroll. All you need to do is enter information about how many employees you have and how many already use direct deposit, and this payroll calculator will tell you how much you could save by switching to direct deposit instead of using actual checks.
Please keep in mind that the savings figures generated by this direct deposit payroll calculator are typical, but they may not be exact for your business. The direct deposit payroll calculator attempts to be as accurate as possible by combining your figures with industry averages.
With this direct deposit payroll calculator, you can see how much direct deposit will cost you both overall and per employee, so you can understand what your costs will be. Our direct deposit payroll calculator was designed by Electronicpayments.org, and it will help you figure out if direct deposit is cost effective for your company. Check out this great template to learn more about direct deposit and the role it can play in your business. We have a great selection of other templates, as well!