Payroll Accounting Software

Are you looking for accounting software solutions to manage your payroll business within your industry? Over the years, successful businesses have relied on QuickBooks to help with payroll. Manage all your financial management functions with the ease of using the best accounting software . If you are currently not taking advantage of QuickBooks to manage your payroll, there’s no better time than now to find out why so many businesses trust it every day.

Here are a couple of accounting software to get you going.

Profitbooks

ProfitBooks is an amazingly simple to use accounting software for Australian businesses.

You can create beautiful invoices, track day to day business expenses and manage your inventory easily with ProfitBooks.

Pros:
– It is designed for non-accountants and is super simple to use
– It supports multi-currency accounting
– It supports multiple users and includes a simple payroll
– It generates 45+ financial reports for better decision making.

The best aspect of this software is that you can customise everything from invoice numbers, footer information to changing template. Add custom fields to capture more information related to your business process.

You also get detailed tax reports. While you record your sales and expenses, the system automatically calculates the taxes and gives you detailed reports. These reports can be exported to Excel or PDF formate for further processin

You can invite your advisor or accountant to view your business transactions in ProfitBooks. They will be able to review the books and help you with compliance.

Watch how Profitbooks offers you invoicing, expense management, inventory tracking and accounting features.

Best way to experience ProfitBooks is to try it yourself!

Get a FREE trial today.

Gusto

Easy to use and compatible with requirements in all 50 states, Gusto makes payroll management easy. This software for payroll comes fully loaded with a number of important features. It can handle benefits, healthcare plans, taxes, 401(k) plans, and time tracking. It’s also fully compatible with most accounting software platforms, including the big names like FreshBooks, QuickBooks, and Xero. Small businesses can opt for the most basic Core plan when just starting off, levelling up to the more full-service options as your business grows. At the higher Concierge level, Gusto’s plan includes HR features including onboarding and surveys.

Square

You might associate Square with the portable square-shaped credit card reader, but this company has grown to include full-service payroll software as well. Like Gusto, Square’s services are customizable so you can adapt the plan to suit your company’s needs. The software can accommodate full-time employees as well as part-time workers and freelance contractors, paying both hourly rates and monthly salaries. It can also manage health benefits, which employees can see when they log in to their own Square accounts.

BambooHR

Payroll goes hand in hand with HR, so it’s worth looking at HR software when seeking your payment solutions. BambooHR covers all your bases, providing a separate payroll platform to sync with its main talent management software. This makes it super easy to onboard new employees, tracking hours right from the start. Additional features include staff databases, applicant tracking, time-off tracking, and digital signatures.

Zenefits

Another HR platform that includes comprehensive small business payroll software is Zenefits. It builds time-off tracking, hour tracking, salary upgrades, and benefits into a single one-size-fits-all platform. If your HR and payroll departments are intertwined, it makes it much easier to avoid making double entries. For example, your HR administrator only needs to input a salary change once for it to sync with payroll. As with other software on this list, there are multiple subscription packages to choose from, each with its own features.

QuickBooks

You’re probably familiar with QuickBooks already, but this accounting software also includes an easy auto-pay feature. Perhaps the biggest benefit of using this platform is that it is designed to run automatically, so theoretically, you only need to set up your payroll once. The program will handle taxation, payments, and other issues without manual input.

Paychex

Finally, Paychex is a major payroll software provider dating back to 1971. This comprehensive program is a great choice if you’re interested in boosting employee retention, because it includes a built-in learning management system allowing employees to upgrade their skills. When it comes to payroll, Paychex automatically calculates both state and federal taxes and integrates fully with 401(k). It also includes a free mobile app for management on the go.

As you can see, there are plenty of easy payroll software solutions to choose from. You’ll need to think about your business’s size and whether or not you’re interested in extra HR features to find the best fit.

ADP Workforce Now

ADP Workforce Now is a web-based HR application intended for small to midsize businesses. It can gather and automate all important HR processes into a single dashboard and implement user permissions for employees to help them coordinate and handle several HR functions. The platform allows you to manage employee payroll, time and attendance, benefits, and holidays as well as easily generate insightful reports. ADP Workforce Now comes with a benefit plan creation wizard, which can be configured according to the policies and processes of your company.

Benefits administration features are all compliant with annual reporting requirements for IRS forms 1094 and 1095. A dashboard is available for reporting purposes such as status and confirmation reports and information on premiums, deductions, beneficiaries, covered dependents, coverage levels, and enrollments.

What is unique about ADP Workforce Now?

Transparent workforce management. The app is fully transparent and provides visibility from a single dashboard to help you manage payroll, benefits, bonuses, commissions, time and attendance, employee health statistics, and talent management.
Usability and optimization. The platform can be accessed on smartphones and tablets through mobile apps for Android and iOS that are fully synced with the web-based dashboard, allowing you to manage your HR anytime, anywhere.
Real-time analytics. ADP Workforce Now displays analytics in real-time and you can create customized spreadsheets, graphs, charts, and reports. You get analytics that helps you make smarter decisions and see how your company compares against benchmark data.
Productivity booster. The software allows you to improve productivity with automated time tracking, reporting features, and employee self-service that is accessible on mobile devices.
Manage your human resources. You can go beyond administration and compliance, which is taken care of by the software, and focus on recruiting, engaging, retaining, and promoting your employees.

Detailed ADP Workforce Now ReviewREAD MORE

Dayforce HCM

Dayforce HCM is a cloud-based platform for workforce management, payroll and tax, analytics, benefits, document management, talent management, and HR management. The integrated platform gives you access to real-time data across all areas of human capital management (HCM), allowing you to process payments, manage benefits enrollment, maintain HR records, manage compliance, and schedule staff with work-life balance. You consolidate a single employee record with all HCM processes. The unified HCM suite puts you on top of core human resources, onboarding, benefits administration, payroll, and more. It is a flexible Web platform compatible with all popular browsers.

What is unique about Dayforce HCM?

Rules engine. Dayforce HCM is a single unified application driven by a rules engine to provide you accuracy, agility, and visibility for your payroll processing, time and attendance, benefits and other aspects of workforce management.
Reports with embedded analytics. Managers can get access to real-time reports that have embedded analytics and get important data across applications and departments. The software uses only one record for each employee, which minimizes errors and redundancy.
Pay information access. The platform lets employees view and manage their pay information anywhere at all times via web or mobile access. Employees can view pay breakdown through graphs, or access their full statement of earnings pay history for additional detail.
Designed for mobile. The platform’s responsive design is meant for tablets so that managers can review, edit, and approve their employees’ timecards without being confined to a back-office. It gives a traditional grid view of time and attendance as well as a hierarchy view for approving time and breaking out data by day or pay category.
Expert assistance. The vendor provides payroll and tax experts to help with garnishments, tax filings, and other payroll-related activities. It also offers multi-currency and multi-language support as well as additional assistance for international personnel tracking.

Detailed Dayforce HCM Review

Wave Apps is a free business platform that brings together functions to manage payroll, accounting, invoicing, and receipt scanning into one simple and compact package. Wave Apps is an ideal option for small businesses with less than 10 employees as well as self-employed professionals including entrepreneurs, freelancers, and consultants. The system is easy to set up and straightforward to use. It comes with a very navigable dashboard where everything you need is in view and easy to access. With the software, accounting and invoicing processes are streamlined, eliminating the intricacies of monitoring expenses, chasing payments, and managing employees and taxes. The system helps users create and send out professional-looking invoicing, estimates, and receipts in a matter of moments. Tracking capabilities ensure that you are on top of your processes.

What is unique about Wave?

Zero cost solution. Aside from being a free platform, there are no hidden charges and undeclared fees, making it a perfect accounting and invoicing tool for small startups, freelancing professionals, and consultants.
Invoice creator. With Wave, creating professional-looking invoices, estimates, and receipts is a smooth process. You can monitor the status of all your invoices and accept payments via credit cards.
Automatic billing and invoicing. You can save a lot of time with features that automatically manage recurring bills and invoices, and notifications to remind you of paid and unpaid items.
Simplifies expense tracking. Wave comes with capabilities to simplify expense tracking. It also has receipt scanning tools and bank connections, and takes out manual data entry from the equation, streamlining the process without compromising accuracy. It likewise prepares your business for tax season without the hassle.

Detailed Wave Review

Conclusion

If you are looking for desktop/offline software for Accountant, then QuickBooks is the best. We all know that it is the number 1 accounting software in the world. Firstly, small Businesses can use this software at low cost to grow their business. You can use this software for invoices, budgeting, payroll, inventory management and banking. Simple & easy work with this offline software.