Automatically calculating taxes and deductions and year to date values for current employee as you edit the incomes values! * Allowing you to run through the employees' list spontaneously and get each one's incomes, taxes and deductions ready for you to edit. * Combining all what you need to create a new check or edit an existing one in a single well organized window, instead of going through several tedious windows like other payroll software applications. * Automatically fills the following federal forms based on your payroll data: * 941: Employer's Quarterly Federal Tax Return, 940-EZ: Employer's Annual Federal Unemployment (FUTA) , W-2: Wage and Tax Statement and W-3: Transmittal of Wage and Tax Statements Payroll MateĀ® is a comprehensive payroll software that fits the needs of accountants and small to medium size businesses. Payroll Mate automatically calculates net pay, federal withholding tax, Social Security tax, Medicare, state and local taxes. Payroll Mate also supports different types of pay period, prints checks, prepares forms 941, 940-EZ, W2 and W3. This payroll software also supports user-defined Income, Tax, and Deduction categories making it very flexible and powerful. A step by step, easy to follow wizard guides you through the company creation process. Each newly created company is automatically filled with a number of default Income, Tax, and Deduction categories, including federal taxes to save you time and effort. Allows you to create an unlimited number of fully customizable Income, Tax, and Deduction categories making this payroll software extremely flexible to fit exactly your payroll needs. A step by step, easy to follow wizard guides you through the process of adding new employees and deciding appropriate Incomes, Taxes, and Deductions for each employee along with their values. Displays the existing employees in the company in a very clear organized tabular view, with the ability to sort the employees on their names, social security numbers, or any other column in the employees table. Handles Form 941 adjustments in a unique way, different from any other payroll software by allowing you to edit the adjustments of any day in the quarter, and automatically reflects your changes on the adjustments total in Form 941 and on Schedule-B entries. Provides you with comprehensive reporting that shows you each employee's incomes, taxes, and deductions for any specified period of the year. Exports your reports to Excel sheets in a tabular well-organized way, and not to CSV comma separated files like many other payroll software in the market do. Touch-free software update through the Internet.