This option is suitable for businesses that want to process their own payroll, but have their taxes and payroll tax returns filed for them.
“Full Service” Intuit Full Service Payroll (IFSP). Payroll Options in Stand Alone Product: No QuickBooks Necessary It also requires that you are on a supported version of QBDT.
Note: Assisted payroll covers all states except Indiana and Wyoming, and does not file any local taxes. This is the only Full Service option that provides that feature. With this Full Service option, Intuit will also impound the taxes for payroll 24 hours before the scheduled check date. This Full Service Payroll option provides the capability for both jobs costing and class tracking for specific niche industries that require that feature. Note W-2 self-print is free, or you can have Intuit print and mail all W-2s for an additional fee. Intuit will e-file and e-pay federal, state taxes, and quarterly and annual payroll tax returns, including year-end processing of W-2s. This option is good for businesses that want to process their own payroll, but have their taxes and payroll tax returns filed for them. “Full Service” QuickBooks Assisted Payroll. Pro Tip: QuickBooks Enterprise Gold comes with Enhanced Payroll subscription there is no need to buy it separately. This is a good option for businesses that want to process their own payroll, and do their own e-file and e-pay federal, and state taxes, quarterly and annual payroll tax returns, including year-end processing of W-2s. “Do It Yourself” QuickBooks Enhanced Payroll. QuickBooks Desktop allows you to track job costing through payroll. QuickBooks Desktop (QBDT): QuickBooks Pro, Premier and Enterprise Editions View the matrix for the different options here. The free setup is for payroll processing purposes only the transactions related to the year-to-date payroll are not entered. Note: As a consultant, the free setup done by Intuit will save clients large consulting fees that are usually associated with setting up payroll from January 1 to the current date, and allows clients the flexibility of converting any time of year. Free setup and U.S.-based ongoing support is included! “Full Service” QuickBooks Full Service Payroll (QBFSP).
If you want to gain an understanding of the complexity of the setup, read our blog on how to set up payroll correctly the first time.
For check stubs and W-2s to be accurate, they will need to be careful with the setup. This is good for clients that want to process their own payroll, as well as e-file and e-pay federal, state taxes, and quarterly and annual payroll tax returns, including year-end processing of W-2s. You should keep in mind that with this option, your clients will have set this up themselves. “Do It Yourself” QuickBooks Enhanced Payroll (QBOP). Payroll for QBO cannot support job costing or class tracking because those features are only currently available in the Payroll for Desktop.
QuickBooks Online: Simple Start, Essentials & Plus Integrated Options
In order to select the right payroll subscription, you will need to know what software product your client uses: Is it QuickBooks Desktop (QBDT) or QuickBooks Online (QBO)? By choosing a payroll product that integrates with QuickBooks®, your clients will reduce errors and save time. You must clearly identify your client’s needs and gain an understanding of what tasks he or she is capable of performing, related to payroll. When selecting the right payroll product for your client, you need to take several factors into consideration.