Payroll Companies & Payroll Services in North Charleston, SC

Overview

Mainsheet Financial Solutions is an accounting practice in Charleston, South Carolina, that focuses on the financial needs of small companies. Its team works with owners and their employees across the whole calendar year. It combines payroll with bookkeeping, accounting and tax work so owners can hand off administrative chores and concentrate on running and growing their operations. The firm is led by owner Andrew Castle, who runs a small company himself and acts as the main contact for prospective clients.

For buyers comparing outsourced payroll providers, Mainsheet presents itself as a group of accounting professionals rather than a software-only vendor. The firm points out that regulations and IRS requirements have turned in-house payroll into a heavy drain on an owner's schedule. It notes that owners of smaller firms often spend about a full working day each month on the task.

Its case for outsourcing is that handing this work to a specialist frees that time for selling, serving customers and improving products. It also removes the need to hire dedicated in-house payroll staff, which lowers overhead.

Payroll Services

Mainsheet does not sell one fixed payroll package. It sets up each arrangement around the employer's specific circumstances, on the view that payroll needs vary widely from one business to the next. The main parts of its payroll offering include:

• Running employee pay and taking over data entry and system maintenance from the client
• Calculating and submitting payroll taxes at the federal, state and local levels
• Tracking changes in payroll tax law so clients do not have to research new rules themselves
• A broad set of standard payroll reports built to be accurate and easy to read
• Optional extra reporting, such as union reports, certified payroll and workers' compensation reporting

The availability of certified payroll and union reporting may interest contractors on public projects or employers with unionized crews. The website does not, however, name particular industries the firm targets.

Broader Accounting and Tax Support

Payroll is one part of a wider set of services. Mainsheet also provides bookkeeping and general accounting, income tax work for both businesses and their owners, tax return preparation, forward-looking tax planning, and software and technology services. For a small company, this means payroll records, the general ledger and annual tax filings can all be handled by the same team. That can reduce hand-offs between separate vendors.

Client Tools and Getting Started

Clients have access to online resources, including:

• A secure client portal and a way to send files to the firm
• Financial calculators
• Links to IRS and state tax forms
• A refund tracker and a calendar of tax due dates
• A monthly emailed newsletter with an archive of past issues

Prospective clients can request a free consultation along with full pricing for payroll processing. They can do this through an online form, by phone, by email, by fax or by mail. The firm also welcomes walk-in visits to its Charleston office.