Approximately 29 million small businesses use Quickbooks to track their company’s finances. Many business owners wonder if QuickBooks can do payroll. The answer is yes. Rean on to learn how to do payroll in QuickBooks.
Quickbooks make tracking much easier and quicker so you don’t have to outsource or spend hours sifting through paperwork. While Quickbooks makes tracking expenses and planning your budget easy, it’s also great for paying your employees!
That’s right, Quickbooks Assisted Payroll is a painless way to pay your employees accurately and on time.
So, how does Quickbooks work, and how does it compare to doing payroll yourself? Keep reading to learn more!
How does Quickbooks Assisted Payroll work
Quickbooks Assisted Payroll makes paying your employees easier than ever.
All it takes is a few simple steps! Here’s how it works:
1. Get your guided payroll setup
Getting your payroll setup is really simple.
Payroll experts will walk you through the process to make sure you have everything set up correctly. Plus, if you have any questions they’re right there to answer any of them.
2. Choose the preferences for your paycheck
When it comes to payroll, there are a few different options you can choose from.
There’s direct deposit, which makes transferring money into your employees’ accounts quick and easy. You can also choose to print checks and distribute them to employees if you aren’t on board with electronic deposits.
Whichever method you prefer for paying employees, Quickbooks Assisted Payroll will make it a breeze!
3. Start using payroll
To start using payroll, all you have to do is log in and start entering employee information.
This includes the hours that your employees have worked and the rate at which you’re paying them. Once you’ve entered the info, you’re ready to pay your employees.
4. Don’t sweat the taxes, that’s our job
When it comes to quarter or year-end filings, you don’t have to do a thing!
We’ll take care of all your tax information so that you don’t have to. We understand that you have a business to run, and we want you to focus on that.
Benefits of using Quickbooks Assisted Payroll
There are so many reasons why you should use Quickbooks Assisted Payroll to pay your employees.
Here are a few:
Time-saving
Using Quickbooks to pay your employees will save you time with how easy it is to use.
All you have to do is enter the employee information and Quickbooks takes care of making sure that employees are paid on time. Just enter the hours and review them before submitting them. After, your employees will be paid in around 3 minutes or less.
Error-free every time
We get that having an accurate and on-time paycheck is essential for employee satisfaction.
With bills to pay and a busy schedule, your employees don’t have time to chase you down for the paycheck or go without it. Plus, you probably don’t have time to look into the missing or late paycheck with your own busy schedule.
So, we take the hassle out of making sure your employees are paid! We guarantee an accurate paycheck that’s always on time.
Everything can be found in one place
With Quickbooks Assisted Payroll, you can find all the important information that you need in one place.
All the payroll data, such as previous payments, employee information, and future payments can all be found in the same place. This makes finding the information that you need simple.
No more digging through piles and piles of paper to find the information that you want!
Features of QuickBooks Payroll
The features that are offered by Quickbooks make it worth using.
Here are some features you get with Quickbooks Assisted Payroll…
- Quickbooks offers a lower cost than if you were to outsource the job
- The support offered by Quickbooks is free and is based in the United States
- Advanced features like the online setup for new employees, time-tracking, and detailed reporting are available
- It’s free to use direct deposit
- You can have access to an employee portal, which holds information like W-2 and pay stubs
- Quickbooks offers an error-free guarantee, which ensures that payroll and taxes are done correctly by Quickbooks. If for some reason there’s a mistake, it’s taken care of on our end and any penalties are taken care of by us.
These features are essential for making your finances easy and painless!
Quickbooks Assisted Payroll Vs doing payroll yourself
We know there are tons of benefits to using Quickbooks Assisted Payroll service, but what’s the difference between Quickbooks and taking care of payroll yourself?
Well, first of all, Quickbooks Payroll takes way less time. All you have to do is set up an account and then enter the hours worked each week. When you do your own payroll, you may have to spend hours sifting through paperwork or finding necessary documents.
Aside from the time spent working on payroll, when you take care of payroll yourself, you also have to take care of taxes yourself. This can be a little bit daunting because any mistakes that you make, you’re liable for.
When you use Quickbooks to file taxes, you aren’t liable for the mistakes you make. Quickbooks will fix any errors that could potentially be made. Also, any penalties are taken care of by Quickbooks as well.
When you take care of your own payroll, sometimes you’re left guessing with the questions you may have. Quickbooks offers professional help whenever you need it.
So, Quickbooks creates an easier, simpler, but also more thorough process for your payroll needs. This frees up your time to focus on the other parts of your small business.
Is Quickbooks Assisted Payroll right for you?
If you’re ready to give the payroll responsibility to someone else, Quickbooks Assisted Payroll may be the next step for you.
Quickbooks is a simple way to make sure that your employees are paid on time and accurately, which is crucial to employee satisfaction. The higher your employees’ satisfaction levels are, the more motivated they will be to provide the best services and skills for your company.
To learn more about how Quickbooks Assisted Payroll can help out your small business, reach out to us today!
