2010 Payroll Software Adds New Features For Small Businesses, Accountants and Payroll Service Providers

Online, January 10, 2010 (Newswire.com) - Real Business Solutions (www.realtaxtools.com), Inc., a leading provider of W2, 1099 and Payroll solutions, unveiled today a number of exciting new features in its 2010 Payroll Mate payroll software. Payroll Mate now better serves the needs of users who want to post payroll data into their accounting and financial software products. The 2010 payroll software also includes state payroll reporting for a select number of states.

Payroll Mate is a complete software for payroll that offers fully-automated payroll processing functions that lets users simply enter employee accrual and time data, add commissions, add customized payroll deductions and other payroll-realted information, with the software performing all calculation tasks on payday.

Payroll Mate now supports exporting payroll data and payroll checks into other accounting software products through the new "General Ledger Export" report. Users can map different payroll items defined inside Payroll Mate payroll software to corresponding general ledger entries inside their accounting or financial software like QuickBooks, Microsoft Office Accounting or Peachtree. What makes this new feature powerful is the ability to export detailed payroll information to general ledger and not only the payroll check totals.

The 2010 version of Payroll Mate also supports the ability to export payroll data to QIF files which can later be imported into Quicken or any other accounting software that offers QIF file import functionality. This feature is useful for Quicken users who would like to track payroll checks inside Quicken. This feature is also useful for the discontinued Quickpayroll users, who recently moved to Payroll Mate or potential users who are considering moving to Payroll Mate as a replacement to Quickpayroll.

The 2010 payroll software also brings support for state payroll tax reporting for a number of states including California, Texas, Illinois and New York. State disability insurance tax is now a built-in tax category in the product.

These new features add to the already powerful features of Payroll Mate. The payroll system, from Real Business Solutions, automatically calculates net pay, federal withholding tax, Social Security tax, Medicare, state and some local payroll taxes. Payroll Mate also supports different types of payroll pay periods, prints payroll checks, prepares payroll forms 941, 944, 940, W2 and W3. This payroll software also supports user-defined income, tax, and deduction categories making it very flexible and powerful.

A free demo of Payroll Mate can be download by going to the payroll software download page or by visiting http://www.payrollmate.com/ .