AccountantsWorld introduced two fixed-fee options for its Payroll Relief software.

One option lets users process up to 5,000 paychecks for clients for an annual fee of $5,000. The other option covers up to 20,000 paychecks for an annual fee of $10,000.

Accountants or clients can enter their payroll data, and Payroll Relief does the payroll computations, prints the checks, handles direct deposits and electronic tax payments, files yearly and quarterly tax forms, generates W-2 forms, and produces payroll reports.

"With the introduction of these low-cost options, Payroll Relief has also become one of the most cost-effective payroll systems for accountants," said Chandra Bhansali, president of AccountantsWorld, in a statement.

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