QuickBooks Payroll Review 2024: Cost, Plans, Features And More

Tweet

Pocket

Paychex Flex provides excellent third-party software integration whereas QuickBooks Payroll integrations are fairly limited and are largely centered around Intuit products. Intuit workforce portal is an employee self-service platform that enables employees to view their paychecks and W-2s. They can also apply for leave, view leave balances and enter time sheets on the portal.

What Sets QuickBooks Payroll Apart

Increase savings, automate busy work, and make better decisions by managing payroll, HR, IT, and spend in one place. There are many excellent payroll processing apps such as OnPay, Gusto, ADP, Paychex, etc. available in the market. The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation. Help us to improve by providing some feedback on your experience today. Our Gusto vs. QuickBooks Payroll comparison takes a deeper look into the differences between QuickBooks Online Payroll and Gusto, including pricing, features, and more. A QuickBooks Online Payroll API for time tracking and deductions is available on the platform’s developer sandbox.

Generally, QuickBooks Online doesn’t experience data breaches frequently. Most recently, QuickBooks worked to mitigate its software’s security vulnerabilities to cybercriminals exploiting the logj4 code that QuickBooks software is built on. Cybercriminals have exploited logj4 coding present in QuickBooks software to steal data. Overall, QuickBooks Online Payroll boasts a range of features that make it a great option for businesses already within the QuickBooks ecosystem.

While QuickBooks Online is a reputable company with plenty of features, there are plenty of alternatives to QuickBooks Payroll. Here are a few of our top choices for payroll software that are cheaper than QuickBooks Online Payroll. The QuickBooks Desktop Payroll system works with QuickBooks Desktop products and the QuickBooks Intuit Online Payroll platform, which is available for QuickBooks Online clients. But if you are not already in the QuickBooks ecosystem, you can consider other best payroll apps available in the market before making a final choice.

Whether you wish to set up paid time off or maximum allowed overtime or a pay cycle, it’s as simple as selecting the given option. QuickBooks Payroll is an excellent app from Intuit for managing employee payroll for a small business. If you are already using QuickBooks Online for accounting, the two integrate seamlessly, enabling you to manage both accounting and payroll from a common platform. QuickBooks Payroll also made it to our list of best payroll software for small businesses. However, for businesses that are looking for a payroll software solution that offers extensive features without an exorbitant price tag, Gusto is the way to go. QuickBooks’ time tracking offers businesses the ability to manage and track employee and contractor time through a QuickBooks Time integration.

QuickBooks Payroll is a good payroll software choice for many small businesses. Its detailed, user-friendly interface is easy for non-accountants to use. In contrast to most small-business payroll solutions, QuickBooks Payroll has a stand-out mobile app for employers. QuickBooks Payroll outshines many competitors regarding functionality and available integrations.

Workers’ comp

QuickBooks Payroll provides expert review with its top-tier plan. Recently, it has added live support to its QuickBooks Online plans. If you do not opt for a 30-day free trial, you can access one-time live setup support within the first 30 days. A QuickBooks expert guides you through the complete setup including connecting bank accounts and credit cards, setting up automations and learning best practices.

Find everything you need from employee benefits to hiring and management tools. If you have QuickBooks Online or QuickBooks Desktop, you can add payroll anytime. Money movement services are brought to you by Intuit Payments Inc. subject to eligibility criteria, credit and application approval. Both QuickBooks Online and QuickBooks Payroll are owned and distributed by the same company, Intuit, which also owns TurboTax. You can also find desktop versions of both QuickBooks products—you’ll see them referred to as QuickBooks Desktop and QuickBooks Payroll Desktop. Wondering how QuickBooks Payroll compares to other payroll solutions?

QuickBooks Online Payroll integrates directly with QuickBooks Online to make managing your business’s finances easier. Although Paychex Flex is less expensive as compared to QuickBooks Payroll, QuickBooks comes with unlimited pay runs, contractor-only plans and same-day deposits. On the other hand, Paychex Flex supports more employee benefits than QuickBooks.

Learn how to get set up, pay your team, find HRsupport and benefits, and sync with accounting soyou can manage everything in one place. 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 Online Payroll offers health, vision, and dental benefits through SimplyInsured, which doesn’t offer health benefits in Hawaii, Vermont, and DC. Likewise, workers’ comp insurance isn’t available in Ohio, North Dakota, Washington, and Wyoming. I found QuickBooks relatively easy to navigate and enjoyed the guided approach to setting up your payroll system. You can play around with the software to get a feel for it before running your first payroll or adding your employees.

QuickBooks Payroll Premium + Quickbooks Plus

• It also offers premium features, such as access to benefits administration solutions, time and project tracking and an employee self-serve mobile app.
• For instance, the pricing page shows that 24/7 customer support is only available to Elite customers.
• This guarantee means that QuickBooks Payroll will pay any IRS fines incurred by a QuickBooks-caused problem.

For example, Patriot is a great choice for companies on a budget, and OnPay offers expert support for a flat-fee service. QuickBooks’ Tax Penalty Protection is a stand-out feature in its Elite plan. For tax notices not in collections, it will deal directly with the Internal Revenue Service (IRS) and cover up to $25,000 per year in penalties, regardless of who’s at fault. However, you must submit IRS notices to QuickBooks within 15 days of receiving them, and it must have reviewed your payroll setup before the incident. QuickBooks has an easy-to-use dashboard from where you can manage the payroll of your employees as well as independent contractors.

How To Choose Payroll Software For Your Small Business

Although Intuit (QuickBooks’ parent company) has a A- rating with the Better Business Bureau (BBB), customers have logged more than 3,100 complaints. Most users complain of slow, unhelpful phone support—a huge frustration when a software problem keeps you from paying employees on time. Managing payroll correctly is essential for the health and success of your small business and for building trust with your employees. The QuickBooks Payroll feature makes it easy to track employee time, set up payment schedules, and pay employees through direct deposit for free.

Our experts recommend Xero’s accounting software for small businesses. While we all understand the drive to save money, it’s worth noting that budget shouldn’t be the only determining factor in selecting your payroll software. Payroll software with more advanced features like ADP or with full PEO options like Paychex might be a better fit. Make sure to do your research before deciding which payroll option is right for your business, so that you can get the most bang for your buck. There are no contracts, and you can also add additional features, such as health benefits, 401(k), and workers’ compensation. Three of QuickBooks’ pricing plans also include QuickBooks Online accounting software, while the other three are add-ons for existing QBO users.

When we checked reviews for QuickBooks, we noted that the parent company’s (Intuit) overall online reputation isn’t as favorable. For example, it received 1.2 out of five stars on Trustpilot after 529 user reviews. Common complaints included software glitches and customer service issues. However, QuickBooks Payroll, on its own, received better ratings with 4.5 out of five stars on Capterra across more than 800 reviews. QuickBooks Payroll’s mobile app, QuickBooks Workforce, is well-rated by Android and iOS users.

Based on an Intuit survey of 2040 QuickBooks Online Payroll customers in February 2023. On average, businesses that report gross payroll cost savings save 4.64%. Set payroll to a schedule, so your team gets paid on time, every time. When you’re ready to set up and run payroll in QuickBooks quickbooks online payroll core Online, you can sign up directly through the QuickBooks Online dashboard and select your subscription plan directly from there.

• Known for accounting, QuickBooks Online also offers a comprehensive suite of payroll plans called QuickBooks Online Payroll.
• To read forms and use the print checks feature, you need Adobe Reader 7.0+ or the Firefox PDF plugin.
• QuickBooks Online Payroll Elite + Plus includes everything from QBO Payroll Elite, plus QBO Plus accounting software.

Enter some basic information about your business’s payroll requirements and we’ll send you up to five personalized quotes. Some of the links on our site are from our partners who compensate us. Read our complete guide to Square payroll pricing to learn everything you get with this affordable payroll solution. QuickBooks Payroll comes with free mobile apps for Android, iOS and iPad platforms. By providing feedback on how we can improve, you can earn gift cards and get early access to new features. QuickBooks Online Payroll has substantial security features to protect its users against fraud and data theft, including monitoring to keep on top of security threats.

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. Intuit has created an ecosystem of its own when it comes to apps for small businesses. QuickBooks Payroll enables you to offer competitive benefits to your employees.