QuickBooks Payroll Pricing
QuickBooks has been one of the industry leaders in its niche in the US for years. One of the areas where the product aced so far has been the payroll. Today QuickBooks has about 2.7 million users, and roughly 1.4 million also use the QuickBook Payroll services.
Furthermore, there are two types of QuickBooks Payroll:
- QuickBooks Desktop Payroll
- QuickBooks Online Payroll
If you wonder what the difference between the two is, we got you covered. So, the difference is mainly given by the plans it works within both QuickBooks Online and Desktop.
QuickBooks Online Payroll Pros and Cons
- Same interface as QuickBooks
- No commitment to a yearly contract
- 24h direct deposits
- Law updated
- Could do better in customer service
- Linked to QuickBooks specifically
- Hard to understand pricing
Maybe some of the arguments we brought to the table as a nontransparent pricing policy might raise some questions in your mind right now. So now, let us develop a bit on that in the following section.
QuickBooks Online Payroll Pricing
QuickBooks online and desktop payroll pricing is different. While QuickBooks Online does not come with the payroll feature integrated and requires the following extension, QuickBooks desktop pricing also includes the payroll function in its features. QuickBooks online payroll comes with three district pricing packages that can be added to your current QuickBooks online pricing plan.
Each one of the packages comes with a 50% discount for the first three months.
We called it tricky in the previous section. QuickBooks online payroll pricing comes with additional costs that aren’t mentioned in the features sections. Workers’ Compensation Insurance is not included in the price. Furthermore, it will cost you an extra $5/month to use AP Intego’s pay-as-you-go workers’ compensation insurance, the company that Intuit partnered with for this service.
However, even if their approach could full you and make you think it is irrelevant, keep in mind that Workers’ Compensation Insurance is mandatory in all 50 states.
Other fees that are not included are:
- Labor Law Poster Subscription Service
- E-file 1099s
- Multistate processing fees
So, before we go deeper into the subject, let’s look at all the pricing plans QuickBooks payroll offers.
QuickBooks Payroll Web Version
QuickBooks offers a three-tier pricing plan for its customers. They offer 50% off for the first three months to entice new customers. That’s a great deal for new customers—however, the rate increases to actual prices after it. The QuickBooks, online payroll pricing starts at $22.50 per month($45 per month without a discount).
All their plans come with 30 days trial. This means you can try any of their goals, and if you do not like what they offer, you can deactivate your plan. The three QuickBooks Payroll subscription pricing plans include:
- Core: starts from $22.50 per month ($45 per month after three months) plus $4 per employee per month
- Premium: starts from $37.50 per month ($75 per month after three months) plus $8 per employee per month
- Elite: starts from $62.50 per month ($125 monthly after a month) plus $10 per employee.
The core plan covers the basics that you would require to manage your team’s payroll and taxes. The basic approach consists of full-service payroll, including automated taxes and forms. Apart from that, businesses also get to use auto payroll to automate the payroll process. It requires some setup, but once setup is completed, no interference is required. The Core plan also gives access to health benefits for teams. Other key benefits include access to 401(k) plans, 1099 E-File & Pay, next-day direct deposit, and expert product support.
If you take QuickBooks Payroll cost into account, then Premium is their most popular plan. The premium plan is a step up compared to the Core plan as it comes with better employee services and HR support. As you may have guessed, the Premium plan comes with every feature offered in the Core plan. Apart from that, you also get additional features such as same-day direct deposit, HR support center, expert review, Worker’s comp administrator, and Track time on the go.
The same-day direct deposit is a step up compared to the Core plan. But, on the other hand, the HR support center is a place where you get answers to all your HR questions. In addition, if you are not sure about your payroll setup, you can also take advantage of expert review — available in the Premium plan.
Another key feature of the Premium plan is the Track time, which gives employees access to switch jobs, clock in and out, and make edits to their workflow. It also includes GPS tracking.
QuickBooks Payroll’s most expensive plan is its Elite plan. However, it is also their most feature-rich plan that provides access to on-demand experts, simplifying businesses’ payday and protecting them against legal issues. The elite plan gives you access to every feature offered in the Core and Premium plan. In addition, you get access to the expert setup feature where a QuickBooks Payroll expert completely sets up your business’s payroll. Obviously, you need to provide all the necessary information to them for a seamless setup process.
Other key Elite features include tracking time for projects on the go, Tax penalty protection, and a Personal HR advisor. You also get access to 24/7 expert product support.
QuickBooks Payroll Desktop
There are three different price plans for QuickBooks desktops. The pricing plan starts with the Pro Plus 2021 QuickBooks desktop pricing package at $299.99/year. This is followed by the Premier Plus 2021 QuickBooks desktop pricing plan at $499.99/ year with two extra features than the substantially cheaper previous version and access for two more concurrent users.
Lastly, the most expensive version of them all at $1275/year is the Enterprise 21.0 QuickBooks Desktop pricing package. It brings access to up to 40 users concomitantly, mobile inventory barcode scanning, and end-to-end sales order fulfillment.
All packages offer a discount for the base pricing level of QuickBooks Desktop without added services.
QuickBooks also offers desktop pricing options for businesses who want to install the QuickBooks Payroll application on their local computers. For this, they have different pricing models and let’s quickly go through the pricing plans for QuickBooks Payroll Desktop.
- Enchanted Payroll: starts from $40 per month( $50 per month after six months) plus $2 per employee per month. – best for faster employee pay and tax time.
- She assisted Payroll: starts from $54 per month ($109 per month after six months) plus $2 per employee per paycheck – best for assisted payroll and automated tax fillings.
- Assisted Payroll + QuickBooks Enterprise Diamond: starts from $341.10 per month ($379 per month after one year).
How much does QuickBooks Payroll cost?
As mentioned above, they have three plans for QuickBooks Payroll, including:
- Core: starts from $45 per month plus $4 per employee per month
- Premium: starts from $75 per month plus $8 per employee per month
- Elite: starts from $125 per month after month) plus $10 per employee per month.
QuickBooks Payroll Desktop they have different pricing, which we have discussed above.
What is the difference between QuickBooks Basic Payroll and Enhanced Payroll?
The critical difference between the QuickBooks basic Payroll and enhanced payroll is the functionality you get with them. The basic one offers minimal features to do paycheck calculations and payroll taxes. On the other hand, the enhanced version offers a complete set of features to handle payroll features and tax form filling and preparations.