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?
|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||✔|
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.
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.