QuickBooks Payroll Reviews

Intuit QuickBooks payroll

Starting your online business is always challenging. You have to think about how to scale your business and keep in mind the formalities that come with managing your employee’s payroll. To resolve, you can use a Payroll solution in the market. One of the popular payroll solutions is QuickBooks Payroll. It is part of the Intuit QuickBooks solution, which is an accounting solution. If you are a small business, you will find QuickBooks ideal for taking advantage of their accounting software.

QuickBooks Payroll is a cloud-based online payroll solution that takes care of your payroll management, including taxes. They also offer a Desktop version which gives businesses the ability to install QuickBooks Payroll locally. Our QuickBooks Payroll review will take a deep look into its features and see how it automates payrolls and tax filing.

What does QuickBooks Payroll do?

QuickBooks Payroll comes with a good collection of features to automate payroll and tax filing for organizations and employees. The tax filing solution is well-made as it ensures that you file your tax forms without error and submit them within the due date. It also guarantees no No-Penalty and ensures that it resolves any dispute that can happen while filing taxes. If you opt for their highest plan, you also get the option to protect your business against tax disputes. They will protect your business and pay fines up to $25000.

On the other hand, workers get access to Workforce portals to get access to vital information. Their plan starts from $22.50 per month. If you are not sure how to work with QuickBooks, then you can take help from their higher plans or available online tutorials. However, if you cannot spend that much time, you can search online for QuickBooks online accountants who can help you set up your payroll properly.

How to use QuickBooks Online Payroll?

To use QuickBook Online Payroll, you need to have a running subscription for QuickBooks and a Payroll account, while in the QuickBooks desktop version, it comes predefined. If you are familiar with how QuickBooks works, you will be happy to find out that the QuickBooks payroll has a very similar interface, and it will be a piece of cake for you to get started. QuickBooks online payroll also comes with Apple and Android mobile applications.

How to do payroll in QuickBooks?

Payroll management is a crucial part of any business. You can approach payroll setup manually. However, it requires you to do the entire process yourself. The exact steps required for a manual approach include:

However, you do not have to do manual steps if you opt to use QuickBooks. QuickBooks makes it easy to do payroll. But, how do you do it? Let’s quickly go through the steps required for setting up payroll in QuickBooks. The software approach is more refined and automated. In this tool, you can easily set up the payroll by setting up with IRS. You also need your employees to complete the W-4 forms and then add them to the system.

Once done, make sure that you have entered all the required information, including employee and business info. Next, you need to double-check the first payroll and make sure that everything is working as intended. Once done, run your first payroll, and you are set!

How to set up QuickBooks?

In short, the steps required to set up payroll in QuickBooks include:

QuickBooks Payroll Detailed Features

QuickBooks Payroll comes in cloud-based and desktop versions. However, in reality, both these versions share the majority of the features. The only difference being a platform-based feature which we will cover briefly later on.

This great tool aims to solve small business problems when it comes to payroll management and tax filing. With a simple philosophy to help businesses, it offers some excellent features that ease the pain for newly started businesses and even businesses that are in the industry for quite some time. So, what are these QuickBooks Payroll features? Let’s explore them below.

Full-service payroll

Full-service payroll is one of the key features of this tool. The feature is available on all of their plans and covers the basic functionality required to automate taxes and forms. However, as mentioned, it is a collection of features. These features include:

Auto payroll lets employees set up auto-payments for employees using direct deposit. As a business, you are free to check and approve payrolls before the system makes the payments. To ensure flexibility, businesses can also add compensation and bonuses.

QuickBooks Payroll comes with health benefits. The health benefits are provided by SimplyInsured, which provides quotes based on your budget and needs. In addition, businesses can set it up easily and manage employees’ health benefits directly from the dashboard.

With QuickBooks Payroll, you also get the option to set up employee retirement plans using 401(k) plans. This helps you attract talent and keep them within the organization. Moreover, Payroll also makes sure that recordkeeping and compliance are met with no extra cost.

With QuickBooks Payroll, you also get the option to create and e-file 1099-NEC and 1099-MISC forms.

To ensure businesses can run smoothly, QuickBooks Payroll offers excellent support through chat and phone. Chat support is available 24/7. However, phone support is available five days the week from 6 AM to 3 PM PT.

If you get their higher plans, you also get access to the HR support center, answering your questions regarding compliance, wage, and laws. It helps you to stay ahead of all the formalities. They also help you when it comes to onboarding, job descriptions, and performance tools.

The highest plan comes with Tax penalty protection which ensures that you do not have to worry about taxes. If, for some reason, penalties are levied on your business, QuickBooks Payroll takes care of it. They pay up to $25,000 per year in penalties.

These QuickBooks online payroll features apply to the desktop version. However, the desktop version comes with few additional features, including W-2 Employees, Year-End Forms, etc.

QuickBooks Payroll Cost

QuickBooks Payroll is a cloud-based solution. However, they also offer desktop variations for a business that wants to install and use it on local computers. If you want to discover all its pricing plans, you can read more on our dedicated page.

QuickBooks Payroll Detailed Integrations

Not all businesses are the same, and that’s why they require integrations to integrate 3rd party solutions seamlessly. At the time of writing, QuickBooks offers to integrate with 650 popular business apps. The integrations let you quickly transfer data from other sources, eliminating the need to do manual, tedious data entry. It also works well with 3rd party analytics, content management systems, eCommerce solutions, and more.

Some of the notable integrations that work with QuickBooks include:

QuickBooks Payroll Detailed Alternatives

The Payroll industry is growing to serve the needs of small and medium-scale businesses. This means that QuickBooks Payroll is not alone. Although even this product is ideal for most businesses, it is not the only choice. So, let’s go through some of the well-known alternatives to QuickBooks Payroll.

QuickBooks Payroll Review Conclusion

QuickBooks Payroll is undoubtedly an easy way to handle your payrolls and taxes. It is aimed at small businesses and can be used by medium-scale companies to automate employee payroll and taxes. With a clean dashboard, companies can see every vital information and take appropriate actions when needed. Automation is also a big part of this software as once it is set up, you can opt to enable Autopay without any human interface. Taxes are also well managed, with automation playing a major role. However, their pricing can be on the higher side, turning away smaller businesses for alternatives.