If there is only one department of an organization that is important to every single employee, it is payroll. This department has a lot of work to do with compiling all of the hours worked, various pay rates, vacation days and sick time, and more. The payroll and accounting department usually has a painstaking and time consuming job to do that requires the staff to perform all payroll calculations and data entry by hand. Using software designed specifically to complete the tasks of the payroll department eliminates manual pay processing, which can save a lot of tedious work and valuable time while also reducing the risk of errors. Businesses of all sizes have a lot of options when it comes to Payroll software, but each option must be carefully considered to take security and reliability into account, and our reviews are aimed at helping you learn more about the best products on the market and how they can benefit your company.
Read on to learn more about Intuit.
Intuit has a whole host of software available for payroll solutions at a range of different price points, but for this review, we will concentrate on Intuit Online Payroll and Intuit Full Service Payroll. For all of its available options, Intuit offers free support and advice from its US-based experts through call, email or chat. Whether a company is having issues with payroll for new employees, or has questions about tax support or the technology of the software, Intuit’s team is available to help.
The Online Payroll software has already attracted over 1 million users and allows companies to “create, approve, and pay within 2 minutes”. This software, which automatically creates paychecks using a simple step-by-step process, allows for direct deposit, printed or handwritten checks, and electronic pay stubs to be ready in a flash for employees. It has extensive tools to manage payroll tasks along with automated calculations and guaranteed accurate government tax filings. The basic plan for Online Payroll starts at just $25 per month, and the Plus version comes in at $39 per month, so it is quite an affordable option for those looking to stay on budget. There is also a free iPhone app that managers and employees can download to help keep track of their pay stubs, personal information and forms.
The Full Service Payroll solution leaves the payroll staff with little manual work to do with an easy set up for new employees, automatic information verifications, error detection technology, and of course, full integration with QuickBooks. The Full Service edition of this software costs $99 per month plus $2 per employee. With nearly everything taken care of and Intuit’s guarantee of error-free paychecks and tax filings, companies have little to worry about when it comes to payroll.
Who Should Use This Product
Companies of any size can use this software, and its affordable pricing options leave a lot of room for savings. Payroll administrators as well as accounting personnel will find this software suite extremely helpful in their every day jobs, and they can basically leave all of the tedious and time consuming work all to the software. Due to its easy integration with QuickBooks, a widely used accounting software program, the transition into one of Intuit’s other payroll solutions will be seamless, so those working in a company’s information technology department will not have to worry about adding another installation task to their list of software to get up and running.
Payroll and Payment Features
The Online version of this payroll software has a feature for automatic paycheck calculation for 21 pay types, including salary, sick pay, and commissions, so all accounting personnel has to do is enter in the number of hours worked and watch as the software does the rest. The software also offers free direct deposits and printable checks along with important forms like W-2’s, and payments are made instantly to employees.
Government and Tax Compliance Features
Following government laws and complying with strict tax code is always one of the most important yet tedious jobs of a payroll administrator. Intuit knows that this is a big challenge that many companies face, and their software provides an easy solution to these problems. This software includes automatic federal and state tax calculations that are guaranteed to be accurate, or Intuit will pay resulting penalties incurred plus give you the next month free. The software also allows for electronic W-2 submissions, as well as electronic filing of federal and state taxes.
Intuit also knows that generating reports about payroll activities is very important. Reports are generated on employee pay and deductions, tax liability, wages, pay, and more to ensure that payroll administrators can properly assess their work and keep track of all the important information that is being processed with the software. In addition to report creation, email reminders for accounting staff can also be set for when it is time to complete payroll tasks.
Intuit also has some web and mobile apps available that can benefit both managers and employees. With the View My Paycheck web app, employees can safely access their pay stubs the day that they get paid and get access to important forms that they can view and print right from the web. Intuit Online Payroll is an iPhone app that allows employers to run their payroll on-the-go. With the ability to pay employees right through the app, managers won’t have to worry about being in the office on the day employee paychecks need to be submitted. This is a great tool to have on hand, and it safe and user-friendly interface designed and hosted by Intuit helps guarantee that it will be a reliable tool.
Intuit’s Error Detection Technology is also a great feature that helps to insure the accuracy of this software’s calculations and payroll processing. Managers can get instant alerts when they enter hours significantly different from an employee’s usual hours and they can compare the previous payroll to the current one to see where the errors are coming from in real-time.