In addition, their tax resolution team will be at your disposal to help resolve the issues that led to getting a notice in the first place. Trusted Brand Reviews receive referral fees from the apps and service providers listed on this website. The background check services presented are listed in no particular order is not a comprehensive list, other Parental Control App providers are available. Gusto payroll compliance with employee onboard forms, worker’s compensation insurance, workplace posters, labor law requirements, and health insurance. Automatic federal and state tax filing and payment – no local tax filings are available. Moreover, there are extra charges for multiple states if you do not have the Elite plan.
But if your team grows to the point of needing multiple EINs, you may need an even more scalable platform—with more integrations as well as native finance and IT capabilities that Gusto doesn’t offer. Gusto integrates with Xero’s online accounting features for small businesses, allowing companies to sync payroll to their general ledger. Through QuickBooks, employees can access paystubs, W-2s, and other documents through a secure self-service portal—either online or via mobile app. QuickBooks also lets companies sync their workers’ comp policies to payroll, offering a pay as you go option in lieu of making lump sum payments. You can also submit automatic payments and get premiums calculated automatically. With Gusto, time-tracking syncs directly with payroll, meaning wages are automatically calculated based on every hourly employee’s approved timecard.
I do direct deposit and I think the per employee fee is like $3 so I expect it to only increase to about $111 next month after adding the employee. I like it because all I have to do is enter the hours every other Wednesday, make sure there is enough $ in the payroll account to cover wages + taxes and they handle the rest. I print out a stub for the employee and the money lands in their account by Friday morning. I also like that it’s integrated within the web interface’s dashboard so I don’t have to go to another site and login to handle things and then bother with syncing things up and whatnot. Gusto, on the other hand, integrates with most popular time tracking, HR, and accounting systems. With over 100 tools and services to connect to, users are given numerous options that best fit the dynamics of their small business.
You should also determine if you want intuit vs gusto to offer benefits and, if so, consider if any are negotiable. Reporting capabilities with Gusto include view/export options for payroll-related documents as well as documentation related to important tax and employee information. Gusto’s mid-tier Plus plan allows for simple time-tracking capabilities and allows business owners to sync up their time-tracking to their payroll.
QuickBooks
QuickBooks provides similar features, but Gusto’s interface is often praised for being more user-friendly and intuitive. QuickBooks also has three plans, all of which include multi-state payroll services. Their plans include healthcare and 401K administration, but not healthcare savings accounts.
Time Tracking
Typically, small business owners choose QuickBooks Payroll, which is limited to 150 employees. Gusto allows companies to grow beyond 150 employees, making it a favorite of startups and medium-sized businesses. QuickBooks and Gusto offer workers’ compensation administration as an add-on through AP Intego. If you want to use it at that level, it will cost an additional $5 per month on top of the insurance policy premiums. With Gusto, workers’ comp is available as an add-on in all three plans with no administration fees.
# Pricing
- QuickBooks and Gusto have the same basic features, which make their competition tight.
- We believe everyone should be able to make financial decisions with confidence.
- After a thorough assessment, we have determined that QuickBooks offers the better value for businesses that need payroll services.
- Gusto is the preferred choice for companies that prioritize payroll efficiency and ease of use because of its user-friendly design and payroll-specific support.
- This integration allows for seamless data flow between payroll and accounting systems, reducing manual data entry and potential errors.
The Gusto Simple Plan only offers payroll in a single state, so if you have employees in multiple states, QuickBooks is the better option. QuickBooks Payroll starts at $50 per month for their Core plan plus $6 per month for each employee. They often grant significant discounts on their pricing – check their website for the latest Quickbooks deals. They also have a free 30-day trial, so you can decide if the software is the right fit for your company. Gusto has a more user-friendly interface that is a favorite of startups and companies with no dedicated team to conduct payroll and HR.
Find the right payroll plan for you
For all payroll services, QuickBooks Payroll provides a 30-day free trial so users should test out the features without having to commit right away. This trial period is a big benefit if you carefully consider a service before making a long-term commitment. It makes it possible to interact directly with the software, clearly understanding whether it meets your needs as a business. QuickBooks is robust accounting software that helps small—and medium-sized businesses easily manage their finances. I use QuickBooks online essentials and with it I use their credit card processing and their full-service payroll. In addition to the base subscription fee for QBO of $20, (cc processing is $26 + per transaction fees) I pay about $108 a month for the payroll component.
Companies that want to merge Gusto’s payroll with QuickBooks’ time-tracking can do this data sync within Gusto’s platform. Companies can also set up a separate Quickbooks-Gusto integration to combine the former’s bookkeeping with the latter’s payroll. Restaurant owners use 7Shifts to schedule work allotments across for service staff and track labor costs. Gusto offers a 7Shifts integration that can unify time-tracking, restaurant shift scheduling, and payroll. QuickBooks’ Elite membership plan connects companies with an HR advisor who can answer compliance questions and troubleshoot issues as needed.
And while it comes with expense reimbursement features, it lacks robust spend management capabilities and the natively built accounting tools that QuickBooks has. While QuickBooks is known for its accounting services, Gusto has more HR features, including hiring and onboarding workflows, PTO management, and contractor management. Gusto’s time and attendance features allow employees to submit vacation, sick days, and other PTO to managers for approval, with approved hours automatically syncing to payroll.
It provides full-service single-state payroll, 1099s, basic hiring and onboarding tools, and payroll and time-off reports. QuickBooks Online Payroll gives you everything you need to manage and pay your team with confidence. Track time, run payroll when you want with same-day direct deposit, automate tedious tasks, and more.
Quickbooks Customer Support
Next, you need to consider the need for HR assistance and software integrations to help you pick the ideal payroll solution for your business. You should also decide whether or not you want any additional services, and if so, which ones are negotiable. Gusto gets extra credit for its features as you can file and handle federal, state, and local taxes using the software. Payroll tax payments and filings are available through QuickBooks Payroll, but only for state and federal taxes. Furthermore, Gusto’s payroll automation can process pay for salaried and hourly employees, but QuickBooks Payroll’s automation is limited to salaried staff.
You’re our first priority.Every time.
QuickBooks offers health insurance for employees in all 50 states through a third-party insurance broker. In contrast, Gusto only offers it in 39, but is brokered directly through Gusto. If you have an existing health insurance broker, you can keep it at an additional cost. Additionally, Gusto offers 520 college savings, health savings accounts, flexible spending accounts, dependent care FSAs, and commuter benefits, all at an additional cost. Both QuickBooks Payroll and Gusto are cloud-based solutions with features business owners should expect from a full-service payroll tool, such as direct deposit, automatic payroll, and payroll tax filing. Their expert assisted support is further enhanced by their advanced onboarding tools, ensuring that both job posting and background check processes are handled efficiently for every active employee.
- I love researching the best software online to help me – and other businesses – achieve these goals.
- Its wide range of HR features, customizable reports, and easy integration make it ideal for growing businesses.
- It provides full-service single-state payroll, 1099s, basic hiring and onboarding tools, and payroll and time-off reports.
- QuickBooks comes with self-service guides, video tutorials, and other informative resources.
Unfortunately, gusto does not have a built-in time tracking tool, but it offers integrations with ClockShark, Homebase, and even QuickBooks Time. Regarding payroll software, QuickBooks and Gusto offer effective solutions but excel in different areas. Implementing the right payroll platform directly influences your overall cash flow and operational efficiency.
It allows companies to sync health, dental, vision coverage with payroll and can automatically deduct 401(k) contributions through integrations with a range of providers. Through Gusto, employees can also enroll in health savings accounts (HSAs), flexible spending accounts (FSAs), 529 plans, disability insurance, life insurance, and commuter benefits. Employees can view spending accounts and savings tools through a mobile app known as the Gusto Wallet.