Mathias Acker is the new bookkeeper for Meganyx Enterprises, a small business consulting firm, and was hired to replace a long-time employee who retired. Upon starting the position, Mathias notices that the prior bookkeeper used a purely manual system. The company owner has said that Mathias may update the payroll system. What options are available?

The option available is to outsource the payroll. This can be done through several sources such as ADP, myPay Solutions, Sage50, QuickBooks etc

Explanation:

From the question, we are informed that Mathias Acker is the new bookkeeper for Meganyx Enterprises, a small business consulting firm, and was hired to replace a long-time employee who retired and that while starting the position, Mathias notices that the prior bookkeeper used a purely manual system and the company owner has said that Mathias may update the payroll system.

The option available is to outsource the payroll. This can be done through several sources such as ADP, myPay Solutions, Sage50, QuickBooks etc

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%

answer assertive;