Intuit Payroll
Intuit Payroll offers payroll services to businesses to allow them to easily manage employees’ salaries and file taxation. It is usually recommended for small businesses. Intuit Payroll handles payroll processing, tax filing, employee paychecks, and other related tasks while clients can completely focus on the growth of their businesses. It saves a lot of time, energy and money usually spent by small businesses in payroll administration and tax penalties.
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Intuit Payroll Review and Overview
Unlike the old times, the hefty job of payroll is automized using complex software products. These tools are capable of registering the current work time by an employee and generate payrolls quickly, along with many features like tax calculations, incentives, extra margins, and so on. Payroll services have now become an integral part of most HR sections.
Among them, Intuit, a popular name in Accountings and Financing, offers a dedicated product for payroll, named as Intuit Payroll. With over 9000 employees in about 20+ locations in 9 countries, Intuit grabs around $6.8 billion in revenue. Founded in 1983 as a simple accounting tool, they have expanded to product ranges like QuickBooks, Payrolls, Turbo mode, etc.
Intuit Payroll Features and Subscription Modes
Intuit Payroll, also known as QuickBooks Payroll, is quite a popular product with a variety of payroll modes. The three main plans in Intuit are Core, Premium, and Elite. When it comes to certain features, most of them pack similar things. These standard paid features include unlimited payroll, paychecks, taxes, deduction, and payroll reports.
The full payroll includes all the above features. Payroll Core covers all the essential features, including the above ones. It has auto payroll, covers health benefit calculations, offers an expert support team, and a One-day direct deposit. You can also opt-in to add QuickBooks subscription.
Premium Payroll includes the Core version, with the addition of comp administration, HR support, expert reviews, and a time tracker tool. The time tracker is one of the handy features. The pricing changes from $22.50 to $37.50 from Core to Premium Version.
Lastly, the Elite Version is supposed to be used for much large scale organization, along with an active QuickBooks subscription to get a good hold on the data across the payroll. Apart from all features of the Premium version, the Elite plan has a customized setup, full-time expert support, time tracker, tax penalty protection, and dedicated HR advisor.
Overall, Intuit is best for companies with an active subscription of QuickBooks. Other useful integrations can assist in improving Intuit performance. Unlike a dedicated employee tracker, this product takes care of both accounting and payrolls.
