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The Benefits of Intuit Payroll

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One of the most important of your books is to make sure your payroll is done correctly and on time. Your employees will surely be knocking when their paychecks are not on time and taxes will not be forgiving. It is crucial to have these done accurately. Luckily, we have Intuit Payroll to make this process much easier and that seamlessly integrates with their QuickBooks products. Let’s take a look at why you should consider making the switch to this convenient payroll system.

Easy integration into QuickBooks

Luckily, you probably already use QuickBooks to keep your accounting in order. And, as you know, there is so much you can do with QuickBooks and the limitless amount of integrations. Many of those integrations that make QuickBooks more user-friendly to use are Intuit integrations specifically made for QuickBooks users. Intuit programs are designed to support one another and enhance available features. When you pair QuickBooks and Intuit Payroll, your payroll bookkeeping work is essentially automated. You still need to input some numbers, but the system does most of the work for you.

The added benefits of this being an Intuit product is the seamless integration, which means:

  • Assistance from Intuit
  • Ability to work from inside QuickBooks
  • Run payroll inside QuickBooks Online to automatically update your books

Keep your books current

With Payroll’s seamless integration with your books, you will have your payroll information quickly and up-to-date. Instead of waiting to transfer it over from another company or software, you’ll have it easily accessible to you, your employees, and your accounting and finance team, and anyone else that needs to access to that information.

Another benefit of your payroll being synced with your books is that running payroll is fast and convenient. This means employees, subcontractors, or anyone else that needs to be paid, will have their paychecks processed as quickly as the information is put in with 24-Hour Direct Deposit. You will be able to run payroll on the go and can even pay employees from the mobile app for your phone or tablet.

Access tax forms and electronically file W2's

Depending on the version of Intuit Payroll you purchase, you could get free tax forms included. No more worries about whether your  forms are accurate and compliant. You’ll have that peace of mind and Intuit makes sure that is guaranteed. When it comes to tax season, this makes the process much easier, whether you decide to do it on your own (with Payroll Enhanced) or have Intuit process your tax forms for you (with Payroll Full Service).

Business owners don’t just have to worry about their own taxes. They also have to worry about their employees’ ability to file. W-2’s are as important as a business’s year-end taxes. Penalties for late W-2 delivery chip away at profits, and employees waiting for their most important tax documents don’t wait very patiently. To keep things moving and avoid unnecessary costs, you need to send W-2’s as soon as possible. Intuit Payroll gives users the power to not only create but electrically file W-2’s. This saves money, time, and frustration, and will keep your employees from hounding you down for their W2.

What do you get with Basic, Enhanced, and Full Service Payroll for QuickBooks Desktop?

Basic

Enhanced

Full Service

Integrates with QuickBooks
Instant paychecks and automatic tax calculations
Pay by check or direct deposit
Federal and State tax forms included and automatically filled in
Free expert support – phone, chat and email
Electronically file W2’s
Payroll Tax Forms Included
Error free paycheck and no tax penalties, guaranteed
Payroll setup completed for you
Taxes are filed and paid for you
Free year-end forms included

QuickBooks Online

The QuickBooks Online offerings for Payroll is similarly broken down into three different versions: Online Enhanced Payroll, Intuit Assisted Payroll, and Intuit  Full Service Payroll. They offer the same benefits but broken down between self-service and full service offerings. The major added benefit of using QuickBooks Online and Intuit Payroll is that your information is automatically synced up.

Conclusion

If you are already using QuickBooks and have payroll needs, then using Intuit Payroll is a no-brainer. The pricing is competitive and it seamlessly integrates with QuickBooks – that means you won’t have to transfer data from other software or wait for your payroll to be updated in your books. With Basic, Enhanced, and Full Service, you can choose just what you need, at a price that works for you.

About Marjorie Adams

Our head QuickBooks trainer and guru, Marjorie Adams, is Founder and CEO of Fourlane, Inc., an award-winning consulting firm and Intuit’s #1 QuickBooks Reseller Partner. Fourlane’s team of experts offers several QuickBooks oriented services including consulting, training, programming, integration, and more. Over the years, Fourlane has helped over 10,000 customers across many different industries with their QuickBooks accounting software. Marjorie Adams is considered one of the top QuickBooks trainers in the country. She was listed on CPA Practice Advisor’s 40 Under 40 in 2014 & 2015, and has been recognized as Intuitive Accountant’s 2015 QuickBooks Desktop ProAdvisor of the Year. Marjorie sits on Intuit’s VIP Program, is a frequent contributor to Inuit Accountants News Central, and has developed Intuit’s QuickBooks Enterprise Certification training. She has also been published in The Wall Street Journal, Forbes, BusinessWeek, American Express Open, the Huffington Post, and Inc. Magazine.

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