QuickBooks is a powerful accounting software application, which is known for its numerable accounting features and functions. One such feature in the QuickBook Desktop application is payroll management. You can enable the payroll features in your QuickBooks Desktop application by subscribing to the QuickBooks Payroll Service. However, before you use it for the payroll management of your business or the organization, it is important to discuss the pros and cons of QuickBooks Payroll service, so that you can make the most out of your application without facing its adverse effects.
To know about the benefits and drawbacks of QuickBooks Payroll service subscription, you can dial our support number +1- 855 738 2784 and get all your queries resolved from the certified professionals
Advantages And Disadvantages Of QuickBooks Payroll
It is an obvious customer psyche to make a comparative analysis of the pros and cons before purchasing a product or service. When it comes to your payroll management software, you need to be more careful before selecting a product. Here in this post, we will help you understand the pros and cons of the QuickBooks Desktop Payroll service so that you can be more sure about your choice. Let’s proceed!
Pros Of The QuickBooks Payroll
Let’s start with the advantages of the QuickBooks Desktop payroll that you can use to streamline the major shortcomings of your business payroll operations.
Easy To Use
QuickBooks for payroll management is credited as one of the easiest applications by the users and critics worldwide. You don’t need to be a tech-geek most of the time to run this application, and it does all the tax calculations for you. All you need is to enter your employee’s information and the sum of the amount paid to them. Furthermore, with the QuickBooks Assisted payroll service, you can get all your tax filings, and the experts will handle payroll management processes.
QuickBooks for payroll management can be a cost-effective deal for your business. There are two levels of services- Enhanced and Assisted. Both are affordable and offer good value for the money. Moreover, the pricing is completely transparent, and you will not get any surprise charges. You can estimate your expenses, which is an important aspect while comparing the benefits and disadvantages of QuickBooks payroll. When you subscribe to the assisted or full-service payroll, it may cost you some extra penny, but you can save yourself from the late tax penalties.
Reduces Time & Efforts
When most of your payroll tasks such as tax calculation, filing, and payment of your payroll taxes, get done automatically, then you can save your time and effort and utilize it to streamline other competencies of your payroll processes.
Robust Security To The Company Records
QuickBooks payroll enables users to store and access all payroll and tax records on a single database. QuickBooks provides enterprise-grade security for your critical company records to prevent them from loss or other disruptions. With an added level of security against the data breach or loss, you can work with full peace of mind.
If you look for full automation, robust security, and easy payroll processing in your accounting application, then QuickBooks is certainly the best choice for small and mid-sized companies. If you want to grow and scale your firm without investing in extensive human resources or IT infrastructure, then the QuickBooks Payroll can be a suitable choice.
Cons Of QuickBooks Desktop Payroll
Now that you have seen the advantages of QuickBooks Payroll in managing your employee payroll processes let’s see what gives a second thought to the customers while subscribing to the QuickBooks Desktop Payroll service.
Lacks Employee Retirement Benefits
There are various accounting management programs that offer additional features for the employee’s retirement or healthcare benefit. However, QuickBooks is not in the list and lacks the features for HR support for the efficient management of the company’s payroll management processes. However, you need to pay the high cost to get these features, but if these features are essential for your business operations, then QuickBooks is not the best choice. If you don’t need them all, you may rely on the QuickBooks Payroll solution.
Bad Customer’s Reviews
Intuit® boasts of devising the industry’s best accounting solutions for small and mid-sized businesses. Still, there are many complaints getting reported by the users while utilizing QuickBooks for payroll operations. A majority of them are reported in recent times, and users are facing the issues with the application. However, the timely QuickBooks maintenance updates address the major shortcomings of the application and resolve them in the form of a new maintenance release, so you can always expect something better out of it.
Hope that you have developed a fair idea on the benefits and drawbacks of QuickBooks Payroll Application. If You have some other questions in your mind, dial our helpline number +1- 855 738 2784 to get all your queries answered. Pros and cons of the QuickBooks Payroll solution can help you utilize the application to the fullest and efficiently deal with its main shortcomings.