Bookkeeping

QuickBooks Payroll Review 2024: Features, Pros & Cons

quickbooks full service payroll

QuickBooks Payroll has a $12 monthly fee for every filing obligation outside of the primary state. For businesses with remote employees, these multiple-state-filing fees could really add up. After getting set up, you can automatically run payroll for your employees. Or, if you don’t like the automated option, you can run payroll manually from your computer or through the mobile app.

The Best Payroll Software For Small Businesses

quickbooks full service payroll

If price is not a constraint for you, Intuit has a wide range of products that integrate seamlessly with each other to build an ecosystem to run your business. However, if price is a constraint for you, it’s better to look for cheaper options and you can get many that are equally good. Included with QuickBooks Enterprise Gold and Platinum, QuickBooks Desktop Enhanced Payroll gives you the tools to create paychecks and quickly file taxes yourself. There’s no employer app for QuickBooks Payroll, but you can access the site through a mobile web browser.

Full-service payroll for small businesses

quickbooks full service payroll

Our unbiased reviews bookkeeping and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. The Better Business Bureau gives Intuit QuickBooks a good rating overall, but if you delve deeper into the reviews specifically for the payroll program, things turn ugly in a hurry. A QuickBooks Online Payroll API for time tracking and deductions is available on the platform’s developer sandbox.

Pick the plan that’s right for you

quickbooks full service payroll

If you file taxes in more than one state, each additional state is currently $12/month. Active subscription, Internet access and Federal Employer Identification Number (FEIN) required. QuickBooks Desktop Payroll requires a supported version of QuickBooks Desktop Enterprise updated to the most current maintenance release. QuickBooks Desktop Enterprise supports over 100,000 employees, customers, vendors and other names combined. However, performance may slow when processing files containing more than 250 employees. Despite the advantages of the Elite plan, we recommend the QuickBooks Payroll Core plan for small businesses, especially mom-and-pop operations.

  • Enhanced Payroll included in Desktop Enterprise Gold or Platinum does not charge additional monthly per employee fees, additional fees may apply when paying 1099 contractors by direct deposit.
  • If you have QuickBooks Online or QuickBooks Desktop, you can add payroll anytime.
  • Learn how to get set up, pay your team, find HRsupport and benefits, and sync with accounting soyou can manage everything in one place.
  • Have payroll setup done for you, get tax penalty protection, and access a personal HR advisor.

Intuit will pay your taxes and file your quarterly payroll reports for quickbooks full service payroll you. For local taxes, you might be on your own to deduct and allocate; check with a QuickBooks or tax expert. QuickBooks’ time tracking offers businesses the ability to manage and track employee and contractor time through a QuickBooks Time integration. Users will need a subscription to the QuickBooks Online Payroll Premium tier to access time-tracking features. QuickBooks Online Payroll earned 4.4/5 stars in the features category with plenty of features spanning payroll processing, employee management, time tracking, HR, and benefits administration.

QuickBooks Online Elite Payroll

  • Compared to QuickBooks Payroll, it integrates with a wider variety of HR solutions, accounting software and enterprise resource-planning options.
  • Data file optimization reduces your file size by removing audit trail of historic transactions and a few tables from the database that are not used or needed by the company file.
  • Also, Gusto calculates, files and pays local tax obligations automatically.
  • QuickBooks Payroll enables you to offer competitive benefits to your employees.
  • When rating payroll software, we are looking for very specific qualities.

Payroll Premium’s same-day direct deposit offering is another reason to upgrade since it lets you hold onto cash longer without causing payment delays. Also, if you prefer round-the-clock and prioritized customer service, jump on its 24/7 support available via phone and chat. You’ll also access resources for best practices and support from HR experts right from when you set up the payroll system. QuickBooks Online Payroll offers three payroll pricing plans, with each plan increasing features and benefits as you move up a tier.

Access to 401(k) plans by Guideline and health benefits by Allstate Health Solutions are also available in all US states. QuickBooks Payroll’s tier model suits businesses of various sizes since it allows you to choose a plan that caters to your specific needs. What’s more, Payroll Core offers full-service payroll (except time tracking) for employees and contractors, which means the average small business will do all right with choosing a basic plan. Taxes and payroll are automated, making QuickBooks Payroll even easier to use.

Tax Filing

It handles all your payroll needs, integrates with QuickBooks, and has the same customer support as the Premium plan. It lacks time tracking, HR features, and automated local tax filing, but it has multiple integrations that may be less expensive overall than upgrading. Naturally, it’s a good place to start, and you can upgrade at any time if you wish.

Stay covered at tax time

quickbooks full service payroll

What’s great about this software is you don’t have to have QuickBooks Accounting to use QuickBooks Payroll. You can get its payroll module as a standalone solution and then add Intuit’s other products to your platform as you grow your business. QuickBooks Payroll meets all the requirements we’re looking for when it comes to reporting capabilities. It has built-in reports that cover anything from payroll costs and tax liabilities to employee details and retirement plan contribution information.