Dental Practice Payroll Tools Every Dentist Should Have

Anyone who owns or manages a dental practice knows that payroll is a vital but often complex and time-consuming part of running the business. This is why dental practice payroll tools are so important.

There are a number of different dental practice payroll tools available on the market, each with its own advantages and disadvantages. The right payroll tool for your practice will depend on a number of factors, including the size of your practice, the number of employees you have, and your specific needs.

Homebase

Dental practice payroll tools can help streamline your practice’s payroll process. Homebase is one such tool that can help you manage your payroll more effectively. Homebase is a cloud-based payroll and HR platform that offers a suite of tools to help small businesses manage their payroll.

One of the key features of Homebase is its online payroll portal. This portal gives you access to your payroll data from any internet-connected device. You can view and manage your payroll data, run payroll reports, and make changes to your payroll settings. Homebase also offers a mobile app, which allows you to view your payroll data on the go.

Another key feature of Homebase is its time-tracking capabilities. Homebase can track employee time via a web-based time clock, mobile time clock, or manual time entry. This data can then be used to generate accurate payroll reports. Homebase also offers a variety of time-tracking features, such as overtime tracking, time-off tracking, and shift tracking.

Gusto

Gusto is a cloud-based payroll software that is designed to be simple and easy to use. It offers a variety of features that can save you time and money when it comes to managing your dental practice payroll.

One of the most useful features of Gusto is its ability to automate payroll tax filings. This means that you can save yourself the hassle of having to file your payroll taxes manually. Gusto can also handle direct deposit for your employees, which can save you time and money on processing paychecks.

Another great feature of Gusto is its employee self-service portal. This portal allows your employees to view and update their personal information, view their pay stubs, and request time off. This can save you time and money by reducing the need for you to handle these tasks yourself.

Guideline

Guideline is an all-inclusive 401k service that many dental practices can benefit from. This payroll tool can help dental practices manage and automate their payroll processes, as well as provide guidance on how to best utilize their 401k plan. Guideline offers a wide range of features and services that can be tailored to the specific needs of each dental practice, making it a valuable resource for practices of all sizes.

One of the key benefits of using Guideline is its ability to offer employees a retirement savings plan without having to bear the costs and fiduciary responsibilities of being a plan sponsor. In addition to offering a retirement savings plan, Guideline also provides online tools and educational resources to help employees make informed investment decisions. Guideline also has a dedicated team of customer service representatives to answer any questions employees may have about their retirement savings plan.

Final Thoughts

Dental practice payroll tools can be extremely helpful in managing your payroll and keeping track of employee hours. There are a variety of different tools available, so it is important to find one that best suits your needs.

Manage your payroll better with the help of Ash Dental CPA. We are CPAs that offer dental accounting services to closely-held businesses, nonprofit organizations, and individuals. Our goal is to provide an exceptionally excellent service and solutions tailored to our clients’ unique needs. Get in touch with us today!