QuickBooks Payroll Review 2023
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QuickBooks Payroll is relatively easy to use, especially if you have previous experience running payroll or using any QuickBooks programs. Though the software is user-friendly, we appreciate that the company provides online guides for getting started and can assist with setup, depending on your plan. QuickBooks Payroll also requires a higher subscription tier for payroll setup services, unlike some other options. Its Elite plan will assign an expert to get it done, as long as you give them the required documents beforehand.
The following payroll companies didn’t make our top three, but you may discover a service that fits your needs. No matter which level of payroll service you choose, you’ll have a level of protection should you receive an IRS penalty. Whether you do your own setup, get some help, or have it done for you, QuickBooks makes payroll setup easier, giving you the confidence to know it’s done right. Quick setup means employees can start saving for retirement right away.
QuickBooks Payroll Review (
QuickBooks Payroll submits the filings and payments, but you have to supply the background details. Patriot Software offers a lot of help in this area, including links to state and local agencies that can help provide the required minutia. QuickBooks Payroll lacks some of this onsite support, but the company’s payroll agents can help with this element of the onboarding process if you can’t find the necessary details on your own. Their other option is Payroll Professional, a fully-managed service for businesses with more than 10 employees.
- Both QuickBooks Online and QuickBooks Payroll are owned and distributed by the same company, Intuit, which also owns TurboTax.
- Plus, the TurboTax integration for W-2 employees is tempting.
- Pay calculation provides for computation of employee pay with state and federal deductions.
- Overall, you should not only be able to glean an understanding of your profitability easily, but choose from add-on services that offer you the flexibility to scale as your business does.
They are easy to reach but sometimes aren’t that knowledgeable. Salary revision is the ability to modify individual employee pay. Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you. Fit Small Business content and reviews are editorially independent. Mike Berner is a staff writer at business.com and Business News Daily specializing in finance. Mike has a deep background in the financial world, having written hundreds of articles and blog posts on financial markets, business and investing.
Intuit QuickBooks Online Payroll’s features
While its Tax Penalty Protection program is a great perk, other payroll providers include such accuracy guarantees in all packages and vow to pay any penalties regardless of your plan. If you have employees in different states, you’ll incur additional charges unless you have the highest-tier Elite plan. QuickBooks Payroll has a $12 monthly fee for every filing obligation outside of the primary state.
It will also send you the appropriate year-end tax forms, as well as print and mail W-2 forms to your employees and e-file any 1099s. Employees can access their own pay stubs, and W-2s by creating an account on the Workforce portal , which has been redesigned and enhanced recently. They can now enter and edit more of their personal profile and security information, and access YTD pay and available sick pay and PTO.
Gusto Payroll
They can break down a project into different tasks and create deadlines along with workable schedules for employees. It provides details about where each employee is at any point and helps in deciding which employee is the closest to a vacancy on site. ‘ User Satisfaction Rating of 89% when considering 626 user reviews from 4 recognized software review sites.
Further, many were posted by Intuit representatives, but others came from unverified people in the user community, which aren’t necessarily accurate. QuickBooks has an easy-to-use dashboard from where you can manage the payroll of your employees as well as independent contractors. Once you enter personal and payment details, payroll is calculated automatically on the pre-decided date. You can also choose to approve each month’s payroll before disbursement or set it to run automatically. QuickBooks Payroll has some 20 reports, such as payroll billing summary, payroll deductions and contributions, payroll tax liability, total pay, workers’ compensation, etc.
Benefits Administration
It provides full-service payroll features and auto payroll, 1099 E-Filing and Payments, 401 plans, employee health benefits, and next-day direct deposit. This service plan includes one state filing, so businesses that wish to file taxes in multiple states will need to pay an additional fee of $12 per month. We also took into account each company’s pricing structure and whether they provided a free trial or online demonstrations.
QuickBooks Payroll lists HSA plans, health insurance, retirement plans, and Flexible Spending Accounts, though you can add loan and cash-advance repayments and other deductions. Listen, QuickBooks Time makes sense if you’re ok with the price and you’re tracking the physical location of intuit quickbooks payroll review employees, and if you’re using QuickBooks, it becomes a darn good choice. Scheduling is solid, time tracking is great, and payroll integrations are usually smooth. And its project tracker and time kiosk feature work on both mobile and PC, which gives it an edge compared to the rest.
With its mobile app, your staff can clock in/out, switch jobs or tasks, and check their attendance while on the go. It even has GPS functionalities, allowing you to check your field employees’ location when they clock in. Business owners who already use QuickBooks Online might find more value in the vendor’s bundles.