Best Payroll Software for Small Businesses

It’s a good option for accountants, bookkeepers, CFOs, CPAs, and other financial professionals. The platform allows you to configure check types, time-off accruals, and reporting to align with your organization’s specific requirements. This customization ensures that payroll processes are precise and meet your business needs.

Gusto VS QuickBooks Payroll Comparison

The OnPay Partner Program can help streamline your accounting business and manage your clients. OnPay is one of only a handful of payroll providers that provides free data migration for new clients. Rippling is sufficiently robust for accountants who deal with multiple clients. It may be overkill for smaller firms that service customers with basic payroll needs.

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FreshBooks Payroll calculates your taxes with the correct government agencies every time you run payroll. FreshBooks Payroll software also bookkeeping and payroll services makes filing payroll taxes easier because it’s done automatically for you. With the FreshBooks suite of offerings, you can simplify your business needs and bring everything together under one roof.

Intuit Online Payroll: Most popular payroll software for accountants

• Finally, as with most mobile payroll apps, employees can view their earnings, deductions and tax withholdings using the wallet.
• Rippling is a professional employer organization (PEO) solution that provides payroll, HR, and IT management services.
• FreshBooks stands out for its user-friendly design, which simplifies invoicing and expense tracking, making it ideal for small business owners.
• The company engages client companies in a co-employment relationship, serving as an employer of record for your employees.
• Add in free benefits for accountants, and it’s easy to see why this software is a top pick.
• This makes it an ideal choice for companies with a global workforce.

The dashboard had a handful of reports and optional action items but didn’t feel cluttered or overwhelming. Wave Payroll customers posting reviews on product rating sites like that the software is extremely easy to use and set up, is affordable and has free features such as invoicing. Once payroll was run, the software summarized how much was paid out and when. I was also asked if I wanted a reminder of when payroll should be run again. Overall, this process was self-explanatory and required no learning curve. On the “payroll” page, I viewed a spreadsheet of payments earned by employees.

Getting paid can be as easy as writing a check and depositing it into your personal bank account or using direct deposit. Salaries are set, recurring payments that are taxed by the state and federal governments. https://www.bookstime.com/ Transactions for every pay run will be automatically created so your reports and books stay accurate and organized.

• Paycor offers plans for businesses of all sizes, but the software is best for medium and large businesses with more complex HR needs than smaller companies.
• Additionally, you might pay your employees a fixed salary, hourly wages or a base wage plus commissions or tips.
• I chose JustWorks for its comprehensive PEO services combined with around-the-clock support, which is crucial for businesses needing reliable assistance at any time.
• For some of your functions, such as workers’ compensation administration, that is what Justworks’ PEO allows small businesses to do.

QuickBooks Payroll has what you need to stay compliant, from labor law posters to expert support. We will help you transfer any existing payroll information to QuickBooks. This allows you, as the owner of the business, to withdraw money from your business for personal use. Our award-winning support team is here to help you get started and solve any issues you encounter. Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you. The Fit Small Business editorial process follows strict standards to fixed assets ensure that our best answers are founded on the basis of accuracy, clarity, authority, objectivity, and accessibility.

Using Wave Payroll, you can pay both employees and independent contractors with one click come payday. Once you’ve paid your employees, you can access a report of all payroll expenses broken down by employee. The platform also generates W-2 and 1099 forms, so they’re always at your fingertips. In addition, if you own a seasonal business and only need payroll software during parts of the year, you can deactivate your subscription for off-seasons and avoid paying Wave during that time. Then, when your business season kicks back in, simply reactivate your subscription and account. This capability, coupled with its contract payment options, makes Wave an ideal option for seasonal businesses such as garden centers and landscaping companies.