Accounting software is the fundamental tool for keeping track of your financial records. If you are running a small business in New Zealand, then you need accounting software that will help you keep track of all your finances.
Hiring a bookkeeper can really help a small business save a lot of time and money, but finding a good one is easier said than done. The best accounting software for small businesses in New Zealand will save you from headaches down the road, but it’s hard to know what features you should look for in your software. In this article I’ll cover some of the best free accounting software options available.
Xero
![Xero's Homepage](https://obiztools.com/wp-content/uploads/2021/10/1-12-500x165.jpg)
Best for | Small businesses |
Products | Starter, standard, and premium accounting software |
Address | Wellington HQ 19-23 Taranaki Street, Te Aro, Wellington 6011 Wellington 181 Wakefield Street, Te Aro, Wellington 6011 Auckland Te Ara Turoa, 96 St Georges Bay Road, Parnell, Auckland 1052 Napier 2 Bridge Street, Ahuriri, Napier 4110 |
Contact Details | Contact them from the bottom of their support articles |
Prices | Starter Plan $27.50/month excluding GST > Optional Extras Payroll: from $10/month Track projects from $10 per user Standard Plan $60/month excluding GST > Optional Extras Claim expenses: from $5 per user Payroll: from $10/month Track projects from $10 per user Premium Plan $75/month excluding GST > Optional Extras Claim expenses: from $5 per user Payroll: from $10/month Track projects from $10 per user |
Xero provides all the useful tools and features to run your business, from sending invoices to monitoring business profitability and customising the software.
Widely used by many independent reviewers, business owners, accountants, and bookkeepers, Xero certainly has the best accounting software in NZ!
From their 3 plans, you can choose between Starter, Standard, and Premium options.
The Starter plan starts from $27.50/month, affordable and comes with limited features since you can only send 20 invoices and quotes as well as make 5 bills.
On the contrary, the Standard Plan lets you create invoices and bills without limit, record expenses for 1 person, and reconcile bank transactions, to name a few.
If your business is already established, the Premium Plan could be what you need. In addition to the features of both Starter and Standard plans, the premium plan enables you to transact with international clients through different currencies.
Also, Xero has an online app store with over 800 programmes, including Xero Expenses and Xero Payroll. These can be added into your software to give your business an edge.
Pros
- Affordable starter plan
- Can link to third-party apps (like Stripe and Vend)
- 24/7 customer support
Cons
- Starter plan lacks features
FreshBooks
The most crucial accounting need for most service-based businesses is invoicing. FreshBooks offers more customizations for invoicing compared to other accounting software. Its primary function is to send, receive, print, and pay invoices, but it can also take care of a business’ basic bookkeeping needs as well. This accounting software makes it easier for service-based businesses to send proposals and invoices, request deposits, collect client retainers, track time on projects, and receive payments.Pros
- Cloud-based
- User-friendly interface
- Third-party app integration
- Affordable
- Advanced invoicing features
Cons
- No inventory management
- No payroll service
- Mobile app has limitations
Founded in 2003 in Toronto, FreshBooks started as just an invoicing software. Over time, more features have been added and FreshBooks now has over 500 employees. There are four different plans, and businesses can get a 10% discount if they choose to pay yearly, rather than monthly. Additionally, FreshBooks offers a 60% off discount per month for six months. The four plans are: Lite at $6 per month, Plus at $10 per month, Premium at $20 per month, and Select, which is a custom service with custom pricing.
The main difference between the four plans is the number of different clients that are allowed to be billed per month. In the Lite plan, up to five clients can be billed per month. In the Plus plan, up to 50 clients can be billed per month. In the Premium plan, unlimited clients can be billed per month. The Select plan also does not have a limitation on the number of clients that can be billed per month, but adds unique features. It costs an additional $10 per month for multiple team members to use the accounting software and it costs an additional $20 per month for the advanced payment feature, which allows users to charge a credit card in real-time or set up a recurring credit card charge for a client.
There are many third-party app integrations available, such as Shopify, Gusto, Stripe, G Suite, and more. A unique feature of FreshBooks is that invoices can be highly stylized and customized for a professional look and feel. FreshBooks is a great tool for budgeting out projects, sending estimates or proposals, and collecting customer payments.
Wave
![Wave Accounting's Homepage](https://obiztools.com/wp-content/uploads/2021/10/2-12-500x175.jpg)
Best for | Free cloud accounting software |
Products | Accounting software Invoice receipt |
Address | 235 Carlaw Ave Suite 501, Toronto, ON M4M 2S1, Canada |
Contact Details | support@waveapps.com |
Prices | Accounting software: free Receipt scanning: free |
Looking for simple and organised accounting software? If yes, then you might want to try Wave.
You may find it hard to believe, but you won’t have to pay anything to use their products. Both accounting and receipt scanning software are free of charge.
With a smart dashboard, you can conveniently view your income, expenses, invoices, payments, and cash flow. These will also make setting up your tax return a breeze.
Even though Wave is free to use, the bank feed (data transferred between the bank and the software) and your business information are secure and treated with confidentiality.
Pros
- Simple and organised reports
- No monthly and establishment fees
- Secured bank information
Cons
- Suitable only for small companies
QuickBooks Self-Employed
QuickBooks Self-Employed accounting software is our top choice for part-time freelancers and independent contractors who primarily want to track their income and expenses for their tax return. This software is designed for business owners who file a Schedule C on their individual tax return.
Without keeping up with business activity using a software like this, freelancers would need to dig through all of their bank and credit card statements to add up their income and expenses at the end of each year, which can be quite daunting. QuickBooks Self-Employed will total up all business transactions automatically.Pros
- Cloud-based
- Mobile app
- Track mileage
- Differentiate between business and personal expenses
- Syncs with TurboTax
Cons
- Data cannot be easily transferred to other accounting software
- Limited reporting
- Limited invoicing functionality and customization
QuickBooks Self-Employed is an Intuit product with a cloud-based online interface and a mobile app. This software was created to help freelancers stay organized each year for tax season. Features of QuickBooks Self-Employed include tracking mileage, sorting expenses, organizing receipts, sending invoices, and estimating and filing taxes seamlessly through TurboTax.
Users can choose between three plan options: Self-Employed at $15 per month, Self-Employed Tax Bundle at $25 per month, and Self-Employed Live Tax Bundle at $35 per month. There is a 50% discount for the first three months. The two tax bundles include a TurboTax subscription for income tax filing. The Self-Employed Live Tax Bundle also gives you access to a CPA to answer questions throughout the year and during tax season. The CPA will also perform a final review of your tax return in TurboTax prior to filing.
The mobile app makes it easy to track mileage while driving and capture photos of receipts for business expenses. Most accounting software is not designed to separate business transactions from personal transactions, but a special feature of QuickBooks Self-Employed provides an option to mark each transaction as business or personal. This is helpful for freelancers who don’t have a separate bank account for their business activity.
Reckon
![Reckon's Homepage](https://obiztools.com/wp-content/uploads/2021/10/3-12-500x181.jpg)
Best for | Value for money |
Products | Small-business accounting software Large-business accounting software |
Address | Level 2, ITC Building, 9 City Road, Auckland, New Zealand |
Contact Details | 0800 447 292 Subscription and Advantage members: 0800 933 666 sales@reckon.co.nz |
Office Hours | Customer Service Monday – Friday: 9.00 AM – 5.00 PM Saturday & Sunday: closed Technical Support Monday – Friday: 8.30 AM – 7.00 PM Saturday & Sunday: closed |
Prices | The Basics: $8/month Essentials: $20/month Essentials + Expenses: $26/month Premium: $32/month |
No matter what size of business you have, Reckon can simplify your bookkeeping and transactions in order to provide a satisfying experience to your customers.
Starting from just $8 a month, you get real-time information presented neatly in your dashboard. That way, you won’t have to record your company finances manually every day.
The upside to Reckon is that they have optional services you can add only if needed. In other words, you won’t need to pay ‘by the bulk’ with services that you won’t use.
You can incorporate POS software for $29 per month to add discounts for the buyer, and/or invoicing function for just $4 a month to track overdue and paid invoices.
As opposed to Xero’s $75-per-month premium plan, Reckon’s premium pack only costs $32 per month, bringing you serious value for money.
Pros
- Value for money
- Secured data storage
- Responsive customer service
Cons
- Limited bank transactions
Customer Reviews
On Trustpilot, lots of people praised the fabulous customer service and user-friendly software of Reckon.
Nicky from Landscaper wrote this feedback:
“Brilliant – I have used Reckon for over 5 years. I am thrilled with the value for money and the excellent service. Love this product, it has everything I need.”
Also, let’s hear Rachel’s review:
“Every time I call for an assistance, I get answers to what I have asked. Always have very helpful person on the other end. Very user friendly software for me and the Reckon community is great, people are friendly and very helpful. You should thank all of them.
We use the personal reckon at home too, great product.”
MYOB
![MYOB's Homepage](https://obiztools.com/wp-content/uploads/2021/10/4-13-500x181.jpg)
Best for | Large established businesses |
Products | Accounting Payroll Accounting & payroll MYOB Advanced MYOB Greentree MYOB Exo |
Address | Auckland Level 5, Eden 5, 12 Normanby Road, Mt Eden, Auckland 1024 Christchurch 17 Sir William Pickering Drive, Burnside, Christchurch 8053 Hastings First Floor, 211 Market Street, South Hastings 4122 |
Contact Details | Small business: 0800 606 962 Bigger business: 0800 696 239 Support: 0508 328 283 |
Office Hours | Monday – Friday: 9.00 AM – 10.00 PM Saturday – Sunday: 11.00 AM – 7.00 PM |
Prices | Accounting Essentials Starter: $25/month excluding GST Essentials Accounting: $40/month excluding GST Payroll Essentials Payroll: $30/month excluding GST ACE Payroll: $379/month excluding GST Accounting & Payroll Essentials Accounting + Payroll: $60/month excluding GST |
Aussie-made, MYOB provides proven accounting solutions to a wide range of businesses. It can streamline your bank feeds, payments, and cash flows.
It offers several products that cater to different business needs. Whether you need payroll, accounting, or an ERP solution, they have them at competitive rates.
Their Essentials’ plans are designed for SMEs, while their ERP solution is for industrial-type ventures and provides you with real-time visibility and statistics.
MYOB software can be used on any device like your phone, laptop, or tablet. Hence, you can work on your accounting and bookkeeping anywhere you want.
With over 300 apps available, you can also upgrade your MYOB software to drive your business. And on top of that, their customer support team is ready to assist you 24/7.
Pros
- Accurate reporting
- Competitive rates
- High-security standards
- 24/7 customer support
Cons
- Expensive monthly subscriptions
Sage Business Cloud Accounting
![Sage Business Cloud Accounting's Homepage](https://obiztools.com/wp-content/uploads/2021/10/5-12-500x164.jpg)
Best for | Neat and user-friendly interface |
Products | Accounting Start Accounting |
Address | HQ: 271 17th Street Northwest, Atlanta, Georgia 30363, United States |
Contact Details | +44 191 294 3000 global.communications@sage.com |
Prices | Accounting Start: $10/month Accounting: $25/month |
With a neat and pleasant user interface, Sage Business Cloud Accounting can help you manage your cash flow, send invoices, and track payments.
Featuring auto-bank reconciliation, you’ll be notified of payments sent to you by customers or cash deposited into your bank account.
It’s also easy to update your accounting software with new receipts. Simply snap a picture of them and they will be transferred into the system via AutoEntry.
If there happens to be a mistake in the financial records, you can communicate securely with your accountant from your phone, computer, or tablet.
Sage Business accounting software also supports Stripe, allowing you to get your payments quicker from clients.
Pros
- Affordable rates
- 24/7 customer support
Cons
- Suitable only for small companies
Conclusion
All of the above listed Accounting Software has been reviewed and tested by our panel of experts here at NZ Business Software. They have considered a variety of important factors such as the ease of use, functionality and more. Each software application listed is safe to use, secure and will help you run your business smoothly.
As a business owner or someone who handles the finances of a company, you may be in search for accounting software. What programs and apps can help you handle everything from payroll to keeping track of your expenses? Check out this list of best accounting software for small business NZ, best free accounting software NZ, and other options for running your business.
Xero
![xero logo](https://obiztools.com/wp-content/uploads/2021/10/1_xero-150x150.png)
Xero offers an integrated payroll system with its accounting software. However, it comes with a full-fledged functionality of a payroll solution. It automatically keeps updating the amount pending to be paid, which you can view from your accounting solution.
It provides tools to track the number of hours worked by each individual and keep records of the number of leaves taken. Besides, it can be accessed from any device – desktop, mobile phones, and tablets. It syncs the information in real-time.
Clean, modern, simplicity of use. These are the best three features to describe Xero payroll accounting software. Currently, its payroll tool is only available in Australia, New Zealand, 24 states in the USA, and in the UK, however, with Xero’s rapid growth, it is beyond doubt that their payroll feature will be spreading out for the rest of the world to use.
If you are already utilising Xero as your accounting software, then making use of its payroll feature will be a breeze. If you haven’t, learn how to migrate your current accounting system to Xero Accounting Software here.
The Xero Payroll Tool is available for premium users and can be used for a maximum of 200 employees (rates apply). Xero streamlines all your payroll activities, letting you do everything in one place:
- The built-in timesheets feature tracks your employees’ hours and reflects on your payroll for automated calculations and reports.
- All payroll information are updated into your accounts.
- No need to self-install updates, PAYG and superannuation changes are automatically updated so you can always be sure that all your payroll calculations are accurate and up-to-date.
- Pressing a button is all it takes to pay Super on behalf of your employees.
- Filing tax declarations and submitting payment summary reports to the ATO can be done online through your software.
- Employees can submit timesheets, apply for leaves, view leave approvals, view and download their payslips and PAYG payment summaries through the Xero Me App or by logging in to Xero. But initially, you’d have to ‘invite’ them through the software so that they may make use of all these features.
ELMO
![elmo logo](https://obiztools.com/wp-content/uploads/2021/10/elmo-150x150.png)
ELMO offers an integrated payroll and HR system to help you manage all your employee-related tasks. This integrated platform aims to increase efficiency and reduce operations costs.
It allows the onboarding process to seamlessly flow into payroll. Thus, it eliminates the need for additional data entry or transfer. Besides, the system ensures that you effectively organize your timesheets and pay your employees on time.
Features
- Offers a secure and compliant-ready payroll
- Allows you to generate in-depth reports to help you make smart decisions
- Very easy to install and use
MYOB
![myob logo](https://obiztools.com/wp-content/uploads/2021/10/2_myob-150x150.jpg)
A simple, fuss-free payroll software system, MYOB can be your partner in processing payroll for a small or medium business. MYOB allows you to process pay for an unlimited number of employees and comes free with an ‘Account Right’ Subscription.
Though not as feature-rich as Xero, MYOB still covers the basics that you need to facilitate pay runs accurately and efficiently:
- Helps you fulfill all your basic employer obligations: Superannuation, PAYG, and Payroll Tax. Changes on these rates are also automatically updated so you can be sure that all wages are calculated accurately all the time.
- Automatic journal entry and matched expense with your bank feeds.
- Automatic calculation of leave accruals, with an option to pay leaves in advance.
- Allows you to set user controls as to who can record and authorise payments, with a secure process of authorising payments.
- Meets industry best practice in terms of compliance and security.
- Print and email payslips.
- Employees can access real-time timesheets for time tracking on certain jobs, and employers can send these as invoices to their clients with time billing.
MYOB is one of the best payroll systems that is best suited for small to medium-sized companies. It is designed locally to serve the local businesses with the ATO compliant.
They offer a single touch payroll that makes the entire process of paying staff super quick. Using the system, you can easily generate detailed reports on all your employee details, the payments made, time tracking and attendance records, and much more.
Features
- Has an active and reliable support team, available 7 days a week
- Offers a rich and easy-to-use interface
- Offers high security to protect your business data
Payroll Metrics
![payroll metrics logo](https://obiztools.com/wp-content/uploads/2021/10/payroll-metrics.png)
Payroll Metrics offers an enterprise-level payroll solution that comes integrated with workforce management software. It is an all-in-one solution that enables you to automate your business processes and achieve complete efficiency.
This modern, reliable payroll software in Australia empowers employees and managers with self-service. Employees can have access to view their payslips, request leaves, and more.
In fact, it can even create organization charts and workflow hierarchies.
Backed with 22 years of payroll software development in Australia, Payroll Metrics has developed a new generation payroll and workforce management software guaranteed to improve business efficiency and reduce operating costs. For those companies who want to be at the forefront of the industry, Payroll Metrics is the best choice to manage payroll processes in a progressive level. From its comprehensive set of features, here are the highlights:
- Provides smart reports to ensure that there are no errors or underpayments.
- The pay adjustment module automatically dispatches a one-time EFT deposit when transaction is authorised.
- Control Measure – When the payroll cycle is finalised, the software obtains request from the payroll authoriser, then creates a record of the authorisation made to complete the cycle.
- Upon authorisation, all deductions and superannuation contributions are dispatched for payments, employee salaries are dispatched as EFT to Australian banks, and the general ledger is updated. Also, payroll reports and pay slips are generated, catalogued, and distributed.
- Process metrics are also updated so your business KPIs can be monitored.
- Managers and Employees are given access (with user access levels) to manage their employment data, bank accounts, earnings, pay slips, adjustments, timesheets, leaves. Managers can get an overview of their team’s leave plan as well.
- Online dispatching of payment summaries and TFN declarations to the ATO.
- Advanced features on Position Management and End-of-Year Reports.
Summarized Features
- Compatible with all devices with a web browser
- Generates smart reports for detailed insights
- Can import employee updates from your HRIS software
QuickBooks Online
![quickbooks logo](https://obiztools.com/wp-content/uploads/2021/10/1_quickbooks-150x150.png)
QuickBooks Online is a sophisticated platform that offers an integrated payroll system within its accounting software.
The system automates the entire process of accurately calculating the payroll and processing the payment on time. It stays compliant with all the requirements of ATO. Besides, it even offers a single touch payroll solution.
It is quite simple to use. Login to QuickBooks online, enter your business and employee details, and add pay run information. That’s it.
Features
- Enables employees to update their own personal details
- Offers excellent customer support for any technical issues
- The system is highly scalable and secure
Smart Payroll
![Smart Payroll logo](https://obiztools.com/wp-content/uploads/2021/10/smarpayroll-2-150x150.png)
Smart Payroll is a cloud-based payroll system that is quite popular in Australia. They bring their 10 years of payroll expertise into this solution.
The system keeps you updated about the correct tax slabs so that no mistake is made. It allows you to automate the process of directly depositing payments into the employee’s account.
Besides, the system is fully backed up so that you don’t have to stay worried about losing the data.
Features
- Generates detailed reports as per your business needs
- Enables employee self-service through its MyPay app
- Offers full support to all its customers
KeyPay
![keypay logo](https://obiztools.com/wp-content/uploads/2021/10/17190813_1380442538666323_5175109715754239268_n-150x150.png)
KeyPay is an award-winning payroll software that offers a robust set of functionalities. This cloud-based solution automates payroll processes, saving you extra time to focus on more important tasks.
With its self-service app WorkZone, both employers and employees can manage their own information. Using the app or an online portal, they can request for leave, update their timesheets, track their reimbursement status, and more.
Most importantly, it streamlines the complete payroll process and provides real-time insights into the operating cost of your business.
Features
- Seamlessly integrates with third-party applications
- Suitable for all size of businesses
- Has a rich and intuitive dashboard for easy access
Sage
![sage logo](https://obiztools.com/wp-content/uploads/2021/10/sage-150x150.png)
Sage is a powerful payroll software that can be used by all sizes of businesses. It streamlines and automates the payroll processes, including payslips and tax calculations.
The system is regularly updated to ensure that the businesses stay compliant with any changes in the payroll and pension legislation. This cloud-based solution aims to minimize payroll administration by offering flexible reporting options.
Features
- It is a safe, secure, and intuitive payroll solution
- Offers active support for immediate assistance
- Helps you stay single touch payroll (STP) compliant
Clockon
![clockon logo](https://obiztools.com/wp-content/uploads/2021/10/clock-on-150x150.jpg)
Clockon is one of the most popular attendance and payroll software in Australia. It aims to streamline and automate the process of tracking the number of hours worked and accurately calculating payrolls.
It is endorsed by ATO and stays compliant with single touch payroll. It can generate up to 250 different types of reports to give you a detailed insight into your business management. It also offers dedicated mobile apps to enable employees view their payslips, update timesheets and personal details, and more.
Features
- Easily integrates with third-party applications
- Can generate and share payslips via email as well as mobile
- Offers good customer support for any kind of assistance
Affinity
![affinity logo](https://obiztools.com/wp-content/uploads/2021/10/affinity-150x150.jpg)
Affinitiy is another best payroll system that automates and removes errors from payroll processing. It is a cost-effective solution that is quite simple to use and reduces extra effort.
It offers robust reporting tools that provide you with great insights to help you make smart and informed business decisions. Some of its other functionalities include time management, self-service and workflow, remuneration packaging, leave management, and more.
Features
- Automated data sensitivity to protect it from new starters and terminations
- Gives you immediate visibility over resource allocation
- Integrates with third-party systems
Gusto
![Gusto Gusto](https://obiztools.com/wp-content/uploads/2021/10/gusto-hr-payroll-software-500x291.png)
Gusto is the best payroll software in terms of features and ease of use. They offer a ton of functionality and flexibility, so you can create the ideal payroll and HR setup for your small business.
It’s used by over 100,000 small businesses, just like you.
The cloud-based payroll system is simple to set up, plus it gives your workers a dashboard to manage their employee information.
You’ll find standard payroll management features like automatic deductions and filings, direct deposits, and W-2s and 1099s.
It will automatically calculate and file local, state, and federal taxes. There are also plenty of integrations with popular accounting software like Quickbooks, Clover, Xero, and more.
Note: We use Gusto at WPBeginner to manage payroll for remote team members across different states. We started using Gusto back when it was called ZenPayroll and have been loving it since then.
When we were smaller, we used their HR features, but we’ve outgrown it since our team is now worldwide, and Gusto doesn’t support non-US team members.
However, their platform is packed with enough HR functionality to be an all-in-one tool for most US based small businesses.
For example, you can set up employee health insurance enrollment, 401k, workers comp, commuter benefits, and employee savings programs.
Gusto has a range of employee onboarding features like custom offer letters, document signing and storage, onboarding checklists, even software account creation and management.
There are also time tracking tools, compliance paperwork filing, anonymous surveys, and virtual org charts for users on the higher plans.
Best of all, Gusto offers month to month pricing. So, there’s less risk when moving or starting your new payroll system.
The plans start at $19 per month for small teams of 1 to 2 people. Most small business owners will find the Core plan the most valuable, it starts at $39 per month. Higher level plans give you more features like time tracking.
Expert Review: We believe Gusto is the best payroll software for small businesses. They offer a hassle-free experience, and the best part is that they don’t nickel and dime you like payroll services from your bank or some other larger well-known industry players.
layers.
BambooHR
![BambooHR BambooHR](https://obiztools.com/wp-content/uploads/2021/10/bamboohr-logo-500x291.png)
BambooHR is the best HR software for small businesses.
It’s a complete Human Resource Management System (HRMS) and is trusted by over 20,000 businesses to manage HR tasks. It’s very intuitive, easy to use, and well suited for companies of all sizes.
The cloud-based system focuses on HR tasks like hiring, compensation, onboarding, and company culture.
There’s an applicant tracking system (ATS) that speeds up the hiring process, and performance management features to improve your company culture.
It also includes employee benefits tracking, PTO management, easy employee onboarding, training, and more.
This SaaS tool is big on employee data collection, which makes it easy for business owners to make informed decisions about new hires.
It’s one of the few providers that qualifies as a Human Capital Management (HCM) tool, which helps your employees reach their potential.
Note: We have a worldwide remote team in 27 countries, so we started using BambooHR. They make it simple to manage everything across multiple countries and time zones.
Their Android and iOS mobile app is handy and lets team members manage their information at home or on the go. It also makes it easy to find employee contact information throughout your organization.
BambooHR offers custom pricing based on your business needs. But there are two different plans you’ll choose between.
The Essentials plan has standard HR management features like PTO, benefits administration, document storage, and more.
While, the Advantage plan includes an ATS, onboarding and offboarding features, and advanced reporting functionality.
Since BambooHR doesn’t offer full-service payroll features, we use Gusto and BambooHR together to manage all of our HR and payroll needs.
However, you will find addons for tax filing, time entry and timesheets, overtime pay, and various employee performance review tools and assessments.
BambooHR is designed with small businesses in mind, but it is also used by companies like ZipRecruiter, Grammarly, and Postmates. This software can grow with you as your company grows, and we can vouch for that 100%.
Expert Review: We believe BambooHR is the best HR software for small businesses, hands down. This is why we use it on WPBeginner.
OnPay
![OnPay OnPay](https://obiztools.com/wp-content/uploads/2021/10/onpay-hr-payroll-500x291.png)
OnPay offers HR payroll software and is a great option for growing small businesses and startups.
Their payroll solution is flexible and supports business owners who have contract, part-time, and hourly employees. Managing all of this on your own can be difficult and time consuming, but with OnPay, it’s much easier to do.
Since payroll doesn’t run automatically, you can choose which employees you want to pay before you run payroll. It’s not as automated as other solutions, but some business owners might need more control.
You can pay employees via direct deposit, printed check, or debit card.
It includes other features like unlimited payroll runs, tax filing, support for multiple pay schedules and rates, unemployment insurance withholding, and more.
You can also integrate your business payroll with your preferred accounting and time-tracking software.
The pricing is straightforward, with a base fee of $36 per month and an additional $4 per person. So if you’re a 50 person company, you’ll pay $236 per month.
Since there’s only one plan, you get access to all features, including HR tools.
The bundled HR tools include templates for employee offer letters, paid time off management, HR document management, and more.
Expert Review: We believe OnPay is the best HR and payroll tool for businesses with contract and hourly workers.
Paychex
![Paychex Paychex](https://obiztools.com/wp-content/uploads/2021/10/paychex-hr-payroll-500x291.png)
Paychex is another common choice for online HR payroll software for small businesses.
It’s easy to use and comes equipped with payroll and HR features like new hire reporting, payroll tax administration, direct deposit, time tracking, and more.
Where it really stands out is its reporting features.
If you’re on one of the higher plans, you can access 160 different reports or create reports based on your own parameters. This will help you make data-driven decisions to grow your business.
The easy to use online dashboard lets you manage your payroll processes, health insurance and benefits, retirement, and more. Workers also have an employee self-service portal to manage their personal information.
You can also link your existing accounting software like Quickbooks or Xero directly into payroll.
The best plan for most small businesses will be PayChex Flex Select. This plan includes standard payroll features, along with HR and employee management functionality.
Pricing for the PayChex plans is hidden online, but it’s quote based pricing, so you’ll pay based on the features you need.
If you want advanced HR features like employee training and performance feedback, you’ll need the Paychex Flex Enterprise plan.
Expert Review: We believe Paychex is the best payroll and HR software for businesses who need detailed reporting.
ADP
![ADP ADP](https://obiztools.com/wp-content/uploads/2021/10/adp-logo-500x291.png)
ADP offers robust payroll services for small and growing businesses.
ADP is a leader in providing outsourced HR for large-scale companies. But, they offer the RUN service, which compiles decades of HR experience into an easy-to-use software.
With ADP RUN, you’ll find standard features like easy tax filing, automated payroll, direct deposit, compliance for all 50 US states, along with mobile and web-based timecards for employees.
There are also integrated HR features like employee health insurance, retirement services, and built-in onboarding processes for new employees.
ADP doesn’t share its pricing publicly.
But, the pricing is custom to your business. If you only need payroll assistance, this will be cheaper than bundling payroll and HR software together.
The more expensive plans offer features like employee background checks, integration with ZipRecruiter, and more advanced payroll features like unemployment tax deductions and wage garnishment.
Expert Review: We believe ADP is the best long-running payroll and HR provider for business who need a wide range of services. However their pricing may feel unfriendly towards small businesses.
Conclusion
The right accounting software for your business will make life a lot easier, and can save you hundreds of hours of effort. If you’re a small business that handles invoicing and bookkeeping in the traditional way (by hand), then it’s time to look into dedicated accounting software.