Excel considers dates and times as numbers in cells, making calculation difficult. Excel processes 6 AM as "0.25," because it is one quarter of the way through the day. If you need to add a number of ...

While it’s true that payroll has its complexities, mastering the fundamentals of processing payroll can be valuable, especially if you’re a small business with a minimal team. By understanding each ...

Among the basic taxes that people need to pay, FICA is one of the most common. FICA stands for Federal Insurance Contributions Tax, and it consists of Social Security and Medicare tax. To determine ...

Not sure where to begin when it comes to payroll? We walk you through what you need and how to set up payroll software. Correctly setting up your payroll is absolutely essential for ensuring accurate ...

Averaging isn’t always a simple total divided by the number of items totaled. Fortunately, Microsoft Excel offers several averaging functions, and one of them will probably get the job done. In this ...

As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Processing payroll involves cumbersome and detailed ...

Kelly Main is a Marketing Editor and Writer specializing in digital marketing, online advertising and web design and development. Before joining the team, she was a Content Producer at Fit Small ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

We may receive a commission from our partners if you click on a link to review or purchase a product or service. Click to Learn More Business payroll management is a lot of work. You’ll need to ...