Understanding Quickbooks Payroll can be a bit of confusion for some, whether you working od payroll on a desktop or in the cloud. You confront many options that guide you with managing payroll system according to your needs. Read this post to know all about Customer Payroll Options in QuickBooks or contact QuickBooks Support and talk to an expert for further information or QuicoBooks Payroll support.
Quickbooks software is a widely used package by bookkeepers, accountants, and consumers. There are many users have confused when they see all of the options payroll related and they do not understand the right option that works best for them.
In this article, we will share information regarding Quickbooks payroll Options so you can select the best options for your client. Running payroll Quickbooks is a very cost-effective way for your customers to pay their employees and be compliant. All options give below will allow your client to run their own payroll, print paychecks, print checkers or pay their employees and or subcontractors by direct deposit. There are two options: Quickbooks online and QuickBooks desktop, but the client will have to decide that they want to make their own payroll tax payments as well as payroll tax filings pay their tax payments and file their payroll tax returns for them.
QuickBooks Online has some limitations you need to be aware of them. Your customer will decide about full-service payroll right away because they cannot upgrade from QuickBooks Enhanced to QuickBooks Full Service Payroll later and they can not track job costing but QuickBooks Desktop versions allows them to do both.
There are two integrated options they run the payroll checks and the difference in both is that who is paying the payroll tax payments and filing the quarterly and annual payroll tax returns.
Enhanced Payroll (Do it yourself)
QuickBooks Full Service Payroll (Done for you)
QuickBooks Enhanced Payroll
Enhanced Payroll service in QuickBooks, It a very choice for every entrepreneur who wants to process their own payroll, do their own e-file, and e-pay federal and state taxes as well as quarterly and annual payroll tax returns. It’s an opportunity for support services. Confirm that, if they choose Enhanced Payroll, they cannot upgrade to integrated full-service payroll later. Price is $19.50 base plus $2/EE per month and then after 6 months, the base fee is $39.
QuickBooks Full Service Payroll
QuickBooks Full Service Payroll is a good choice for businesses who want to process their own payroll and have their taxes paid as well as their payroll tax returns filed for them. Intuit will e-file and e-pay federal, state taxes, quarterly and annual payroll tax returns. Price is $49.50 base plus $2/EE per month and then after 12 months, the base fee is $99 with free setup included.
QuickBooks Desktop Software
In this have two options that your customer will print their own payroll checks or have them direct deposited. It integrates directly into their desktop QuickBooks and allowing them to allocate their hours in service to job costing, and true P/L reporting, multi-level class tracking. The only difference is that who is paying the payroll tax payments and who is filing the quarterly, and annual payroll tax returns. But please keep in mind these options are not available in QuickBooks Pro for Mac.
Enhanced Payroll (do it yourself)
Assisted Payroll (done for you)
QuickBooks Enhanced Payroll
QuickBooks Enhanced Payroll is a good choice for businesses that want to process their own payroll, do their own e-file and e-pay federal and state taxes as well as quarterly and annual payroll tax returns. Please keep in mind that if they choose Enhanced payroll, they can upgrade to integrated QuickBooks Assisted Payroll later. Price is $19.50 base plus $2/EE per month and after 6 months, the base fee is $39.
QuickBooks Assisted Payroll
QuickBooks Assisted Payroll is a good choice for businesses that want to process their own payroll and have their taxes paid and reports are done for them. Intuit will e-file and e-pay federal, state taxes quarterly as well as file their payroll tax returns. Price is $79.00 base plus $2/EE per payroll and the after 12 months, base fee is $99.
Complete Business Group (CBG) uses the QuickBooks Assisted Payroll. because that setting up payroll has some steps that need to be done in order. Be prepared to assist your client with this setup, or partner with another CBG payroll expert helps your customer with the setup.
Standalone Option for Payroll Product: No QuickBooks Necessary
Standalone option for customers allows flexibility to work with payroll while having the option of exporting a data file to update your client’s QuickBooks. and all versions of QuickBooks Desktop, including QuickBooks for MAC. It is the only one option that allows your customer to also pay their subcontractors and file 1099s for them.