We are excited to partner with you for your payroll processing needs. At Storen Financial, we have been serving individuals and businesses for over 55 years. No matter what service we are providing, from financial planning, tax preparation, payroll or bookkeeping services, you can count on a professional experience with top-notch client service.
Payroll requires a detailed set-up, but don’t let that intimidate you. We are here to help navigate you through the process. Listed are the steps to get you set up:
Step 1: You will be receiving an initial Employer Packet via email to complete, digitally sign, and return. This if the first step to payroll set-up!
Step 2: Within two days of receipt of your Employer packet, we will send a deposit verification to your business bank account. This is a deposit of less than $1.00. Please email this amount to firstname.lastname@example.org once received. We cannot proceed until this step is complete.
Step 3: If you are new to payroll, you will be receiving a BT-1 to sign and return so we can apply for your State Tax ID#. If you have already been processing payroll and are transferring this service, please submit your quarterly payroll reports and the most recent payroll report to email@example.com
Step 4: You will receive an Employee Packet via email to print off or forward to your employees. Each employee will complete and submit to firstname.lastname@example.org or FAX to 317-852-7070.
Step 5: You will receive an email once your Employer Portal is set up, with your user name and a temporary password for portal access.
Step 6: You will receive an instruction packet for your employees on how they can set up their individual portal. This will allow you to view payroll details and run reports.
Step 7: You are ready to submit your payroll, please do so by sending via: a) the portal b) email c) FAX
Retirement savings plans are available for you and your employees. Click here to learn more about our business services.
Thank you for the opportunity to serve you and get to know you and your business!
Blog by Melanie Beck – Senior Business Accountant
Learn more about Melanie and the rest of the Storen Financial team here.