Free Resources

Timesheet templates help your team manually track their time. Download one of our six free timesheet templates—weekly, biweekly, monthly, semimonthly, daily, and project-based—depending on your needs.

FTE stands for full-time equivalent and is used by businesses to calculate the total number of full-time hours worked within their business among all employees (both part-time and full-time). A full-time employee (working 30 to 40 hours per week) is equal to one FTE; a

Learning how to do payroll in Minnesota can be a bit challenging. Minnesota payroll tax withholdings are complex, with special taxes for entertainers, a different rate for supplemental pay, and more. It also varies rates according to the portion of salary for which you’re calculating

Employee turnover rate is the percentage of employees that leave a company in a specific period, such as for the month, quarter, or year. The process for how to calculate employee turnover rate is fairly straightforward. Simply divide the number of employees that leave within

Microsoft Excel is an incredibly powerful tool for accountants, especially when it comes to handling complex calculations that most bookkeeping software can’t. While I wouldn’t suggest relying on Excel as your main bookkeeping system, it’s perfect for filling in gaps where your primary tool might

Wave is primarily an accounting software, but it also offers free invoicing, recurring billing, and online payment processing tools. It includes a free starter plan and offers a simple flat rate to accept credit card, digital wallet, and direct-to-bank (ACH/e-check) payments. Wave Payments is ideal

Doing payroll in Montana isn’t overly complicated, but it does require you to be on top of state income tax rates. Payroll laws align with federal laws, for the most part, so you won’t have to comply with conflicting rules. We cover how to do

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The accounts payable (A/P) turnover ratio is a liquidity measure that shows how fast a business pays its suppliers during a specific period. The A/P turnover formula is: Accounts Payable Turnover = Total Credit Purchases Average Accounts Payable Accounts Payable Turnover Ratio Calculator Generate A/P reports faster by using accounting software.

Learning how to do payroll in West Virginia can be challenging, partly because West Virginia’s payroll taxes include a progressive income tax withholding requirement for your workers. Plus, some jurisdictions collect local income tax. This means that part of handling the state’s withholding requires each

Illinois has state income taxes, with reciprocity agreements with nearby states to let employees pay income taxes for the state they reside in. The wage and labor laws closely follow federal regulations. We’ll cover how to do payroll in Illinois, with explanations of the most

Gusto and Justworks both offer HR and payroll support and earn high scores in our evaluation for features and ease of use. Gusto is a payroll software that helps you manage your payroll and offer benefits, while Justworks is a professional employer organization (PEO) that