QuickBooks Payroll Pricing, Reviews and Features April 2023

Intuit QuickBooks Payroll is nowhere near the most advanced provider in the industry, but much of its value comes from its convenience. Folks who are already using QuickBooks Accounting software are able to integrate all their existing business data and tax information, making for a streamlined setup process. Any business seeking advanced self-service payroll and tax features in addition to a QuickBooks Plus subscription would benefit from this package. QuickBooks Self Service Payroll is a cost-effective option for any business that just needs a basic payroll service. For the average small business owner with fewer than 150 employees, if you don’t already use QuickBooks, other options offer more support, flexibility, and value for your money. Intuit promises that running payroll is as easy as clicking a button.

QuickBooks will automatically deduct, file and pay your payroll taxes. I think it is great for a small business owner that wants to outsource payroll processing without the major cost component. It is rare to find any company doing in house payroll anymore because software like this is worth it. Once you get more employees, it gets tougher to manually address all of the tasks you need to do to run an effective payroll. It is user-friendly with the setup process so at least that helps get you started.

Benefits Administration

A QuickBooks Online Payroll API for time tracking and deductions is available on the platform’s developer sandbox. Additional benefits can also be added and managed through the QuickBooks Online Payroll benefits dashboard. There are also options to connect your benefits management, but QuickBooks does not often integrate with things outside the QuickBooks Suite.

For local taxes, you need to manually print the forms and upload them to the necessary local sites. QuickBooks Payroll supports independent contractor payroll and keeps track of when, what and how much for each contractor payment. It automatically imports necessary data and prepares 1099s that you just need to download and email to the contractors. You can take advantage of QuickBooks offers, where you can either get a 30-day free trial or a 50% discount on base fees for three months of service. QuickBooks Payroll automatically calculates payroll so you don’t need to worry about how to calculate payroll every month. All you need to do is enter the details of all your employees and fix the day their payroll must run.

Automated Tax and Forms

You can also set up garnishments and deductions so that they are automatically applied to each paycheck. One significant disadvantage of the Core package is that it does not provide time-tracking tools so that workers can track their hours and have them synced to each payroll run. QuickBooks offers plenty of built-in payroll reporting features alongside customizable reports. The platform’s reporting dashboard is easy to navigate and allows users to favorite specific payroll reports for quick access. QuickBooks Online Payroll has more than its fair share of extra costs and fees.

Funds are deposited into a recipient’s account directly through an electronic network. QuickBooks Payroll lets employees support their teams with its HR and health benefits. Workers can quickly set up retirement plans with experts that handle the 401 administration, compliance and recordkeeping at no extra cost to businesses.

About Intuit Payroll

However, it lacks a few crucial features such as built-in time tracking and integration with accounting software other than QuickBooks Online. For business owners who still prefer desktop software over cloud-based solutions, QuickBooks sells a desktop software option with a separate pricing structure. Like the cloud version, the payroll service for QuickBooks Desktop users includes unlimited payroll runs, payroll tax calculation, and automatic filling and e-filing for tax forms.

• QuickBooks Payroll can take care of all of your payroll tax responsibilities.
• However, if you use accounting software other than QuickBooks Online or have employees in multiple states, it’s worth taking a closer look at the competition.
• With this feature, qualified users who receive a tax notice and send it to QuickBooks within 15 days of the notice will have their tax penalty fees and interest covered for up to $25,000.
• We utilize the tax payment functions, form preparation & filings, and year end W2s.

And since its integrated to QB, you get the proper costing of those items without even trying. (Other providers make you import a GL file that creates a journal entry — which may not give you what you expect. I’ve only used Intuit for one company, but It worked really well in maintaining different payroll schedules.

Yes, QuickBooks has a check printing feature, and they sell customized QuickBooks checks so that you can use the software to create checks without running into a printing error. Included on the Premium and Elite plans; available at an additional cost of $5.00 /mo. Track inventory, payroll, mileage, expenses tax deductions and much more with QuickBooks for small business. Whereas most payroll providers charge a fee per pay-period, Intuit QuickBooks allows you to run payroll as often as needed with no extra charge. They offer a 30-day free trial, so you can get a feel for the program before having to lay any money down.

• Moreover, the customisable reports and dashboards provided by this accounting software help leaders to understand how their business is performing at present.
• Find help articles, video tutorials, and connect with other businesses in our online community.
• To determine which payroll services are best for small businesses, we spent dozens of hours researching the top online payroll companies.

Many reviewers complained about the long wait times when contacting its support team, while a few said that the customer reps they spoke with are not helpful. The QuickBooks Payroll portal lets employees access pay stubs and W-2s, as well as view PTO balances and withholdings. They can intuit – payroll reviews also change and update their details like contact information, bank accounts, and more. In addition to logging time sheets, it lets employees apply for expense reimbursements and request PTO. Note that the features employees can use may vary according to your QuickBooks Payroll plan.

TriNet Zenefits’ payroll is only available as an add-on to the HR platform at an extra cost of $6.00 per employee per month. QuickBooks Payroll, on the other hand, offers a standalone payroll solution for $45.00 per month plus $5.00 per employee. Gusto starts at $40.00 per month plus $6.00 per person, with the exception of the Contractor plan, which has no monthly base fee. By comparison, QuickBooks Payroll starts at $45.00 per month plus $5.00 per employee. Both offer full-service payroll and health benefits with their starting plans. That way, you’ll be sure to find the service that offers the perfect balance of convenience, affordability, and whatever other characteristics are most important to your business.

Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team. One handy feature in Reports lets you click on the star next to any report, which then places the report at the top of the Reports screen for quicker access. QuickBooks has an easy-to-navigate dashboard for processing payroll.