The United States Of America is a Federation of 50 states. Accordingly, there are Federal Level authorities and State Level authorities. Employers are defined as those entities hire people and pay wages to them. The employers are required to file reports with the Federal Level authorities and the State Level authorities. These reports may be Taxation related or may not be Taxation related. These reports, on a whole, are termed as Payroll Reports. Payroll is the list of those persons who are paid wages by their employer.

The reports that are filed with the Federal authorities are termed as Federal Level Reports. The reports which are filed with the State authorities are termed as State Level Reports. The Federal Level Reports are filed with The Internal Revenue Service (IRS). The State Level Reports are filed with the corresponding State Department.

Federal reports are common for all employers as they have to submit the Payroll Reports to a single entity - the IRS. State Level Reports differ from state to state. Each state has different Laws, and thus different filing requirements.

PayrollForms Exact offers convenient and cost effective solutions. Flexibility and Real Time Calculations allow generating State and Federal Forms using information extracted from your existing *QuickBooks^® Accounting Package or manually.

PayrollForms Exact is a tool which increases efficiency and adds productivity to Accountants' Office.

It will fetch the paycheck data from *QuickBooks^® and will process state unemployment and withholding reports and print in original PDF.