How Effective is QuickBooks Payroll Software for Small Businesses?

Are you running a small-sized business or startup and looking for a state of the art accounting software? If so, get your hands on QuickBooks payroll software and start managing your company payroll processes with QuickBooks payroll software. In this post, we are going to discuss the exciting perks of choosing QuickBooks payroll software for small businesses and everything related to it. Keep on reading this post, and know how to use this payroll software to let your business grow more with utmost productivity.

Call us at +1(866)408-0544 for immediate QuickBooks support and professional assistance. Our live QuickBooks team of certified technicians will help you run QuickBooks payroll software.

A Brief Overview of QuickBooks Payroll Software!

As long as you run your business, you must manage your payroll operations using the QuickBooks payroll software. To run a seamless business, you need to perform countless jobs with minimum errors and enhanced productivity. One of the crucial tasks is managing your company employees payroll, which is a complex and time-consuming process. However, the advanced and trendsetting QuickBooks payroll software for small businesses is helpful, offering sophisticated features and helping businesses with smooth HR and payroll software services.

One of the most effective and useful invention of Intuit, the QuickBooks payroll software is an excellent choice for those looking for stress-free and easy paydays. Regardless what type of business you run, the QuickBooks payroll program is an excellent choice for all. This program is dedicatedly designed to simplify and automate payroll processes, including payroll tax filing and generating payroll data in real-time. It offers advanced tools and features, ensuring accurate, efficient, and timely payroll processes.

How to Setup Payroll in QuickBooks Online and Desktop?

Get started with QuickBooks payroll software to quickly, accurately, and timely pay your team. Below, we have specifically explained the payroll setup method for both QuickBooks Online and Desktop. Simply undertake the below instructions and start using QuickBooks payroll software for your business.

Payroll Setup in QuickBooks Online

To set payroll in your QuickBooks Online:

• Firstly, open your QuickBooks online application account using your admin credentials.
• Once you log in, now choose the Settings tab and then move to the Your Company tab. From here, you must select the Subscriptions and Billing option.
• In the next step, you must look for the QuickBooks payroll tab and then hit the Subscribe option. Alternatively, you can also type payment information into the prompted field.
• For professional support, while setting up payroll in your QuickBooks online, you can call our live technicians at ***-***-****.

Setting Up Payroll in QuickBooks Desktop

If you’re a QuickBooks Desktop user and want to access payroll, simply follow these instructions and continue using QuickBooks Desktop payroll:

• Start this procedure by first signing into your QuickBooks Desktop software account using your Administrative credentials.
• In the next step, choose the Payroll tab and then continue selecting the Overview option. Right after this, click the Get Started button.
• Now, you need to select the employees of your company to be paid in the current year. Done? Following this, choose the date to pay your employees via QuickBooks.
• Afterwards, you need to provide information related to your current business, making sure to enter the physical address. Also, you can add multiple locations of your business.
• Next, continue entering your payroll contact information in the given field plus you must choose the way you wish to run your payroll in QuickBooks software.
• Following this, select the option to add your team alternative on your screen. Now, complete your payroll-related tasks by choosing the Payroll tab > Overview, and then hit the Start option to begin your payroll operations.
• Now, start adding your team, entering tax-related information, connecting your bank account in QuickBooks, and adding your payroll records or history.

Why QuickBooks payroll processing software is Crucial?

While running a business, managing payroll operations is one of the crucial tasks. The QuickBooks payroll processing software offers multiple features and tools to help you streamline payroll processes with accurate and timely employee payments. Have a look at the below-given reasons to understand why the QuickBooks payroll program is important:

• Time Tracking Feature

With QuickBooks payroll program, you can effortlessly keep on checking your employees working hours and their attendance with accurate payroll data processing. It has an integrated time-tracking system, helping you accurately pay your company employees.

• Employee Self-Service

When you start using QuickBooks for your payroll operations, you can easily access employee self-service features. The software provides easy employee access to their notable tax forms, pay stubs, and other payroll-related information through a user-friendly online portal.

• Payroll Compliance Alerts

It’s essential to stay compliant with all the latest rules and regulations in the accounting and payroll industry. The QuickBooks payroll processing software helps users get automatic notifications and deadline alerts for tax filing. Additionally, users stay updated with tax law changes and other compliance-related matters.

• Custom Reporting Features

If you’re looking for an effective tool to help you generate customizable QuickBooks reports, look no further and just start using the QuickBooks payroll software. It will help you track your company payroll expenses, tax liabilities, employee compensation, and other payroll-related processes in real time.

• Tax Form Preparations

Now, preparing and filing tax forms, including W-2s, W-3s, 1099s, and 941s is no more a tough job for users with QuickBooks payroll software. Also, it ensures compliance with all the latest tax regulatory norms and tax reporting legal requirements.

• Easy Employee Onboarding

With QuickBooks payroll service software, onboarding new employees to your payroll administration is quite easy. All you’re required to do is enter the full name and correct email addresses of your new company employee(s). After entering the correct information, your company employees will be able to view information related to their pay stubs, tax forms like W-2, and additional personal information.

• Minimum Calculation Errors

Manual payroll calculations could leave room for errors and miscalculations, leading to financial penalties and time wastage. Fortunately, the QuickBooks payroll service software eliminates such potential errors and miscalculations, ensuring accurate payroll calculations and reducing the chances of financial loss or penalties.

Different QuickBooks Payroll Small Business Software Versions

Based on your business type and requirements, Intuit has different versions of QuickBooks payroll small business software. Below, we have explained all three QuickBooks payroll software versions to help you choose the most suited one for your business. Have a look:

QuickBooks Basic Payroll Version

QuickBooks basic payroll is a low-tier program and is integrated with QuickBooks software, allowing users to create instant paychecks, automatically calculate taxes, and same-day direct deposits. It could be a wise decision of choosing the QuickBooks basic payroll program if you’re looking for automatic payroll, same-day direct deposit, and real-time tracking with QuickBooks Time feature.

QuickBooks Enhanced Payroll Software

Suppose you’re looking for a payroll program that can pay 1099 contractors and create W-2 forms for the employees. This program includes all the features of the basic QuickBooks payroll tier along with the ability to pay 1099 contractors, pay and file taxes, including W-2 forms and print them online.

QuickBooks Payroll Full-Service Program

For payroll professionals who are looking for automated taxes and forms with full-service payroll management features, the QuickBooks Payroll full-service program is one of the best alternatives. From federal to state payroll taxes, payroll professionals can easily calculate, file, and pay the year-end taxes automatically.

Pricing of Different QuickBooks Payroll Service Software

Have a look at the table to learn about the pricing and subscription plans of different QuickBooks payroll service software:

Ask Our QuickBooks Support Team for More..!

So, that’s all about the role of QuickBooks payroll software for small businesses in a nutshell. Running a business using top-notch software like QuickBooks will keep your business growing with the utmost productivity and desired results. Now, let all your payroll headaches be managed by QuickBooks payroll software. However, while setting up the software or accessing the payroll services, if you face any issues, just reach out to us. You can call us via Live Chat Support or directly ring us at +1(866)408-0544 .

Frequently Asked Questions (FAQs)

Why can choosing QuickBooks payroll small business software help my business grow?

When you opt for the QuickBooks payroll software, you get the following benefits, helping your business grow faster:

• Automatic integration with your QuickBooks accounts
• Automatic calculate contractor for seamless tax deduction processes
• Simplified self-serve employee portal
• Direct HMRC submissions along with automatic tax code updates

How many types of QuickBooks payroll processing software are available for small and medium-sized businesses?

Basically, Intuit has introduced three types of QuickBooks payroll programs, including Basic, Enhanced, and Full-Service payroll. You can choose the one suiting your business the best.

What are the key features of QuickBooks payroll service software?

QuickBooks payroll boasts the following features for daily users:

• Automatic payroll processing
• Same-day direct deposits
• Real-time tracking integration features
• Automatic compliance alerts and custom reporting
• Mobile Accessibility

What are the essential forms for processing payroll in the QuickBooks software?

To seamlessly process your company payroll in QuickBooks software, adhering to the compliance standards, you must require the following forms:

• W-4
• W-2
• 1099
• 941
• State Withholding forms

How can I speak to the QuickBooks live experts for further updates and professional help?

Simply dial our toll-free QuickBooks payroll support phone number +1(866)408-0544 or directly reach out to us via the available Live Chat Support option. You can have a one-on-one conversation with one of our QuickBooks live technicians and get instant help.