Most of the features of QuickBooks can be used on Desktop too. One such service is QuickBooks Payroll Services which opens a wide arena for the firms to manage their work conveniently and in no time. Everyone uses a desktop. There is not a single office that doesn’t use desktops for their day-to-day work.
Most of the work involves accounting and payroll related. QuickBooks make your job easier. There are many features of QuickBooks Payroll for Desktop. They can be referred to as the USPs of using QuickBooks on your desktop.
- 1 Features of QuickBooks Payroll for Desktop
- 1.1 1. Update of Payroll
- 1.2 2. Facilitates creation of Paychecks
- 1.3 3. Direct Deposit for Employees
- 1.4 4. Direct Deposit for 1099 Contractors
- 1.5 5. View My Paychecks
- 1.6 6. Federal Forms
- 1.7 7. State Forms
- 1.8 8. E File and E Pay
- 1.9 9. Workers’ Comp
- 1.10 10. No tax penalties guaranteed
- 1.11 11. Free Expert support
- 1.12 12. After-the-Fact Payroll
- 1.13 13. Create Tax forms for Clients on Standard or Basic Payroll
- 1.14 14. Client ready Payroll reports
- 1.15 15. Filing as a Reporting Agent
- 1.16 16. Auto Fill Option for Paid Preparer Information
- 2 FAQs
Features of QuickBooks Payroll for Desktop
1. Update of Payroll
This feature enables a firm to use all the updates about Payroll services. It gives out the most updated rates making calculations for the supported state, and federal tax tables, payroll tax forms, e file, and pay options quite at hand’s reach.
2. Facilitates creation of Paychecks
Gone are the days when you used to manually create the paychecks with the required calculations of taxes. Now you can use QuickBooks to do the job for you. The only job you need to do is hand them over to your employees.
3. Direct Deposit for Employees
With this feature, you can deposit payroll for employees directly to the employees’ account which can be checking or savings.
4. Direct Deposit for 1099 Contractors
There are independent contractors, 1099. With this feature, you can make direct deposits to those contractors.
5. View My Paychecks
Employees can now view their paychecks online 24 hours. You will be able to save papers with this feature as no more printing of pay slips will be required.
6. Federal Forms
This is another important facility in QuickBooks. It can automatically fill the forms W-2, 94X, and 1099/1096 federal forms which you can print and send to the federal agencies. This saves time.
7. State Forms
QuickBooks also is enhanced to fill the state tax forms by guiding you through the steps of accomplishing it. It ensures you are compliant at all times. The assisted payroll feature QuickBooks intuit files for you and pays the taxes on your behalf of you.
8. E File and E Pay
Now you needn’t go through the hassled process of filing your tax forms manually. You will not have to print and mail the forms to a physical address. Now, you can simply fill out the forms electronically and send them to the agencies responsible to process them. Not just this, you can also pay electronically. That surely makes it easy and convenient. This feature however is available on enhanced payroll.
9. Workers’ Comp
QuickBooks is inbuilt with an extremely amazing feature that goes through your payroll data on a real-time basis and instead of you paying anything in advance, Workers’ Comp premiums are paid automatically by it. Lead your business hassle free.
10. No tax penalties guaranteed
This feature can bring a big curve to anyone’s face. You needn’t worry about the delay in paying your taxes. Even if you don’t make it on time, QuickBooks pays the payroll tax penalty.
11. Free Expert support
Several resources help you in successfully running the payroll, paying taxes on time, and filling out your forms on time. In case of any difficulty in accomplishing the above-mentioned task, Payroll Support Website, Payroll Year End Centre, Payroll Tax Compliance, and Payroll Community Centre can help by being your guide.
12. After-the-Fact Payroll
If a single spreadsheet screen is made available for the fact paychecks, then the after-the-fact payroll helps the accountants to enter the data, and validate adjustments.
13. Create Tax forms for Clients on Standard or Basic Payroll
If any user has a standard or basic subscription, QuickBooks can help produce forms of federal and state tax.
14. Client ready Payroll reports
If you are looking for professional paper records of each payroll run and want an analysis of the payroll of clients, then client ready report can be of great help as it easily provides you with them.
15. Filing as a Reporting Agent
with QuickBooks, you can file federal forms as an authorized e-file provider. It deems you legitimate.
16. Auto Fill Option for Paid Preparer Information
If you are looking to fill in the federal forms with paid preparers, then installing QuickBooks on the desktop is highly recommended. It does the work automatically for you.
QuickBooks Payroll for desktop has been earning high acclamation amongst the firms and varied users. The user friendly behavior and high accuracy reporting system and convenience to the T makes the payroll feature the most desired one. Stop the conventional method of accounting to set the unconventional standard in the field of Accounting.
It is an added advantage to those firms who have been continuing with the traditional method of depositing paychecks, filing taxes and reviewing reports. This Desktop version of QuickBooks is highly in demand for the feasibility of its usability.
Issue Fixing QB Pro, Premier, Enterprise Desktop Payroll
What are the reports that we get using payroll?
The reports that are easy to make using payroll are as follows:-
💠 Time activities
💠 Payroll tax liability
💠 Multiple worksites
💠 Vacation and Sick leave
💠 Payroll deductions and contributions
💠 Worker’s Comp
💠 Payroll tax and wage summary.
How many employees can be added to the software and what type of businesses can use the QuickBooks Payroll?
You can add up to 250 employees which can vary according to the subscription. The businesses of small-size or medium-size can use the QuickBooks Payroll. It is for all industries whether they are nonprofits, accountants, construction, and more.
What kind of tax forms of payroll are available? Name all of them?
There are federal and state tax forms available for you 944, W-2, 940/schedule A, W-3, 945a, 1096, 943/943a, 941/Schedule B, and 1099-MISC. In this, the Basic subscription won’t include any forms of payroll taxes.