Quickbooks Payroll Services
QuickBooks Payroll Service is a subscription that you need to set up to enable the payroll features in your QuickBooks Desktop Software. You can choose from Basic, Enhanced or Assisted Payroll Services depending on the features that you need.
Employees are considered the most important resource of the organisation; hence Quickbooks Payroll Services plays an important role in an organization and is considered as one of the biggest asset of the company.
Though salary is considered as one of the major factor to attract talent, great payroll services and allied practices helps in the long run to retain the employees thus increasing the overall productivity of the company. It allows to keep a track on individuals gross pay or the total amount of money they have earned during that pay period.
It helps to save time and energy & update accounting data on timely manner. It makes easy for users to access information and you can share payroll and accounting data with your accountant, anytime at one go even when you are travelling.
No need to keep cash with you, you can submit payroll whenever you are ready with same-day direct deposit.
Types of Quickbooks Payroll Services
Basic payroll – Basic payroll is the minimum sum of earnings that an employee is entitled to receive. With QuickBooks Basic Payroll, you can process your payroll and pay employees by check or direct deposit. It also includes - Instant paychecks, Pay W-2 employees, Pay 1099 employees, free direct deposit & payroll support.
Enhanced payroll - Enhanced Payroll is one of the most popular and comprehensive service and includes payment and filing assistance for both federal and state taxes. It helps to pay employees by direct deposit or check, create paychecks, calculate payroll taxes and deductions and majorly used to prepare year-end W-2 and 1099 forms which are the features missing from Basic Payroll.
Assisted Payroll – Assisted payroll is a payroll management service that handles payroll taxes and filings for you.
Here is one of the finest examples of Quickbooks Payroll Services - Intuit Payroll services
Example 1 – It provides two service plans – Self Service Payroll and Full Service Payroll.
Self Service Payroll – It helps businesses to create paychecks, calculate payroll taxes, and send direct deposits. Features also include preparing and e-filing federal and state payroll tax forms, as well as paying their payroll taxes electronically using Self Service Payroll. It helps to pay quickly to both employees i.e 1099 contractors and W-2 employees.
Full Service Payroll - It helps to manage payroll taxes for your clients. It helps you to choose how you want to pay your employees and at what frequency and accuracy is guaranteed with effortless experience. How much does Quickbooks Payroll Service cost?
QuickBooks Desktop Assisted Full Service Payroll costs $109 per month plus $2 per employee, per month versus $45 (plus $2 per employee) for Enhanced and $29 per month (plus $2 per employee) for the Basic plan.
Kenico Global provides all types of Payroll Services and here are the benefits –
Time Saving – We help to save time and energy, do the work more efficiently and keep a track of benefit deductions, garnishments, new hires and terminations.
Reduces Cost – Large sized companies can afford to maintain booming payroll departments. However, Small/medium sized businesses cannot afford to keep an in-house payroll process as it would cost a lot of money. If you have a small size business with less than 50 employees, we can definitely help you to save money.
Team of Experts - Most businesses don’t have enough time to research and study constantly changing regulations and government forms. By outsourcing payroll, a small business can take advantage of expertise that was previously available only to big companies.
Employee Access / (HRIS System) – HRIS System has become an essential tool for many companies. Many firms do not realize how much time and money they are wasting on manual human resource management tasks. We allow companies to cut costs and offer more information to employees in a faster and more efficient way.
Enhanced Security - Payroll processing is a complex and risky business operation. Even with long time trusted employees, there is always a risk of data interception & identity theft, embezzlement of funds. With us we have technologies that can spot and alert clients to various types of payroll fraud and prevents users from unauthorized access with company files for personal gains.