Simplify your payroll process.

Tools

Part of the BuildMyBiz ToolsPut your business knowledge into action with our expanding collection of financial calculators, products, and services to make it easier to start, grow, and manage your business.

Paychex Flexible Spending Account (FSA) Enrollment Demo

Learn about how easy it is to enroll in a Paychex Flexible Spending Account.

Paychex COBRA Administration Demo

Learn how you can conveniently access and manage COBRA information online if you choose not to have Paychex take care of it for you though payroll integration.

Debt Service Coverage Ratio Calculator

The debt service coverage ratio (DSCR) is used by bank loan officers to determine income property loans. Most lenders require a minimum DSCR of 1.2. A DSCR of 1.0 is called break even. A DSCR below 1.0 signals a net operating loss based on the debt structure. A DSCR over one means that the property is generating enough income to pay the debt obligations.

Debt-to-Income Ratio Calculator

Debt-to-income ratio (DTI) determines the percentage of a consumer’s monthly gross income that goes towards paying debts.

Equipment Value Calculator

There are three depreciation formulas used to value equipment, but the annual straight line depreciation method is the most commonly used and easiest method.