We spend all day researching the ever changing landscape of HR and recruiting software. Our buyer guides are meant to save you time and money as you look to buy new tools for your organization. Our hope is that our vendor shortlists and advice are a powerful supplement to your own research.
Payroll Taxes and Direct Deposits
This makes it a better choice for those who want to use many different companies for their business’s software management systems. Modern payroll platforms are not just about crunching numbers—they are about providing actionable insights and supporting business organizational efficiency. Similarly, Intuit’s solution comes bundled with expert product advice and ongoing guidance on topics including benefits administration capabilities, hire reporting, and even access to workers through their expert review process.
- Other users, however, complain about their terrible support team and the multiple errors they have to deal with when processing local taxes.
- This trial period is a big benefit if you carefully consider a service before making a long-term commitment.
- Each software excels in its own right by offering strong payroll processing, tax compliance, and essential HR tools.
- While Gusto can help small businesses scale, it may struggle to accommodate large, international headcounts.
- Other Gusto options include a 529 college savings account, flexible spending accounts, health savings accounts and commuter benefits.
Pricing
- If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live Bookkeeper’s work.
- Intuit Payroll offers advanced time tracking through its integration with QuickBooks Time, a highly regarded time-tracking solution.
- A particularly notable feature of Gusto’s reporting system is its focus on employee-centric data, such as tracking PTO balances, sick leave usage, and benefits enrollment.
- Keep employees and contractors happy with same-day or next-day direct deposits.
- You can manage onboarding, e-signatures, employee profiles, and time-off requests and generate an organizational chart.
In contrast, QuickBooks offers implementation support to help you get the software set up and running. This support is beneficial for smaller organizations without dedicated payroll departments. The integration with QuickBooks Online Payroll, QuickBooks Online Payroll Core, and QuickBooks Online Payroll Elite ensures that accounting records remain synchronized and up to date. The platform’s ability to adjust payroll packages allows for detailed employee details management—ensuring that both job descriptions and employee handbooks are in sync with company policy. This level of customization helps businesses maintain consistency in their HR practices and ensures that all employee-related information is up-to-date and easily accessible. QuickBooks offers benefits administration for healthcare and 401(k) contributions, but doesn’t offer access to robust coverage for HSA, FSA, 529 savings, and commuter benefits like Gusto does.
With both Gusto and Intuit, businesses should look closely at the additional cost elements such as extra charges, additional charges, and extra costs. Customization in employee profiles, reports, and benefits administration has become essential for businesses of all sizes. This level of integration fosters informed decisions regarding employee cost and benefits management, thereby enhancing overall business organizational efficiency.
QuickBooks offers live phone and chat support six days a week, providing you with a direct line to experts whenever you need them. With personalized assistance, you can tackle any accounting challenge with confidence and keep your business on track. Federal, state and local payroll taxes are calculated, filed and paid automatically in all three plan tiers.
Gusto and QuickBooks are solid choices when it comes to choosing payroll software. Both scale to businesses, though Gusto is more accommodating to a business scaling from a few employees to several hundred. With the QuickBooks Online Payroll mobile app, employers can easily run payroll with just a few taps from their mobile device, edit employee hours, access tax forms, and much more. QuickBooks Online Payroll’s higher-tier plans include a GPS tracking option that sets them apart from Gusto. The GPS feature, which also lets you track employee mileage, is especially helpful for teams that work at different job sites.
Gusto is best for businesses that plan to grow beyond 50 employees or who value expanded HR capabilities in their small business. QuickBooks Online Payroll, on the other hand, is great for smaller businesses with simpler needs, especially those that already use QBO for accounting, and who want the flexibility to run payroll through an app. You can manage onboarding, e-signatures, employee profiles, and time-off requests and generate an organizational chart. Gusto also offers add-ons like health benefits and retirement plans, creating a more comprehensive HR solution. Gusto will likely be your best option if you’re searching for a solution that makes benefits and payroll administration as simple as possible.
In terms of managing employee benefits like health insurance, Gusto has a slight edge. It offers health insurance in 39 states and provides 401(k) plans and college savings plans as part of its payroll service. QuickBooks offers health insurance across all 50 states through a third-party broker, but it does not manage benefits as smoothly as Gusto. QuickBooks and Gusto both are automated payroll services that allow the user to calculate and handle payroll, maintain employee benefits, and pay payroll taxes online. While both of the companies are prepared to give you the best service available, they have a fair share of differences.
Our approach
We like both Gusto and QuickBooks as payroll provider solutions for small to midsized businesses. Gusto has the ability to scale a bit higher than the 150-employee cap of QuickBooks, making it a bit more dynamic for growing businesses. However, the costs of Gusto can add up quickly for its popular Complete plan, putting a strain on companies with slim budgets for 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. The ability to intuit vs gusto manage payroll expenses transparently reduces the likelihood of extra costs or extra charges that unexpectedly impact your budget. With options for contractor payments and dedicated modules for handling International payroll, businesses operating in the United States and overseas can maintain consistency across their payroll platforms. With an emphasis on ensuring that every active employee—be they hourly employees or salaried employees—receives accurate and timely employee payments, both platforms optimize the entire payroll before payday process. For many business owners, integration with existing accounting software is a deciding factor when choosing a payroll solution.
Business
Powering the bookkeeping and accounting industry, QuickBooks was created to provide a complete answer for all of your financial management requirements. In addition to handling payroll, it is excellent at organizing invoicing, keeping track of sales and costs, and producing informative financial reports. Bookkeeping is more than just an add-on with QuickBooks; it’s a fundamental component that supports a variety of business sizes and kinds and provides in-depth financial health data. QuickBooks Payroll offers a 30-day free trial across its payroll services, allowing one to explore.
Whether it’s health insurance coverage, disability insurance, workers compensation insurance, or even college savings plans and flexible spending accounts, businesses can manage benefits options directly through these systems. Intuit Payroll’s offerings, such as QuickBooks Online Payroll Premium and Elite, are designed to integrate seamlessly with accounting services, chart of accounts, and comprehensive Reporting capabilities. For organizations that require detailed Time & Attendance tracking, integrations with QuickBooks Time and other time tracking solutions provide advanced time-tracking features.
Our guide breaks down the differences between the two softwares and reasons to pick one over the other. QuickBooks Online Payroll is one of the most popular accounting solutions available, with scalable software options for a variety of small businesses, including native payroll. However, for businesses that need a more robust HR ecosystem for a high number of employees, Gusto Payroll is the better choice. Administrators can edit hours and connect time data to project management tools.
Quickbooks leads the pack with its wealth of support systems when it comes to customer support and success. With Quickbooks, you get your traditional phone and chat support, and you also get to be part of a community of Quickbooks users that makes it easier for newbies to acclimate to the system. 38, a small (but growing) business owner in the IT field.I love to look for exciting and modern ways to keep my business ticking along, my employees happy, and most importantly, the business growing. I love researching the best software online to help me – and other businesses – achieve these goals.
What do payroll services with Gusto include?
Intuit Payroll also facilitates benefits management but often directs users to Intuit Insurance Services, ensuring dedicated support for health benefits, college savings plans, vision insurance, and life insurance. Comprehensive employee onboarding tools, customizable employee profiles, employee details, and employee handbooks are designed to streamline HR tasks. Intuit, through its various premium plans and integrations with Intuit Insurance Services, supports similar employee benefits. Whether you need a mobile payroll app for on-the-go management or a desktop version for more robust reporting capabilities, both vendors have solutions that focus on both accuracy and speed.