QuickBooks keeps bringing innovative solutions to make accounting and bookkeeping easier for its users. Another such feature is QuickBooks Assisted payroll service, it is a service to manage and filing of the taxes associated with payroll. Through this article, we will discuss the benefits of using QuickBooks assisted Payroll service and the process to set it up.
“If you need our help to set up QuickBooks Desktop Assisted Payroll or if you have any other query related to QuickBooks, contact QuickBooks Payroll Support at helpline number 1-(855)-856-0042”
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What is Assisted Payroll in QuickBooks?
Assisted Payroll is a service offered by Intuit through its QuickBooks Payroll to manage the taxes accrued through the payroll of employees. It calculates the taxes on its own when the employer issues the paychecks and then it can file these taxes on behalf of users when they authorize it to do so. If the user already uses QuickBooks and payroll for accounting and payroll issue then they don’t even need to feed any details. They just have to keep doing their regular work and QuickBooks assisted payroll will automatically fetch data when paychecks are issued.
Features of QB Assisted Payroll
QuickBooks makes it super easy for you to subscribe to the assisted payroll service. We have listed out some features of QuickBooks assisted payroll for you.
- Intuit provides a simple entry-exit plan for QuickBooks assisted payroll, you can enter the assisted payroll service in your QuickBooks anytime and also exit anytime as per your convenience and preferences.
- Intuit provides free, live support from experts along with the payroll assisted subscription.
- It can handle all types of payments to employees, salaried or hourly payments, and also the bonuses, commissions, etc.
Requirements to use QuickBooks Desktop Assisted Payroll
We have listed out the requirements to use Assisted Payroll in QB Desktop.
- You should be using QuickBooks Pro, Premier, or Enterprise 2010 or later versions to use QuickBooks Assisted Payroll as the previous versions do not support this facility.
- You should have an Employer Identification Number (EIN) issued by the Internal Revenue Services (IRS) to a person or a company paying wages to employees. EIN should be attested to all federal forms and return filings as mandated by the federal government.
- A working internet connection is a must.
- You need to subscribe to the Assisted Payroll services, which costs $79 per month as subscription charges and $1.50 per employee charged per pay period.
Steps to Set up Assisted Payroll Service in QuickBooks
Here is a stepwise guide for you to set up this QuickBooks assisted payroll services
- Go to the ‘Employees’ section and then click on the ‘Set Up Payroll’.
- Click on the ‘Assisted Payroll’ option and then you have to fill out an online application form to process and complete the federal and state enrollment forms.
- Fill out all the details in the Interview Wizard and click on ‘Place My Order’ after completing it.
- You have to print form 8655 (Reporting Agent Authorization) and the limited power of attorney form. These should be signed by the company authorities and then send it to QuickBooks through fax on 888-437-8001.
- QuickBooks process your request in the next 1-2 business days time and then make two small debits on your account.
- In the interview Wizard, enter these two debit details and then create your Payroll PIN.
- Your Assisted Payroll is activated now.
- You need to do some setups afterwards in the Payroll Setup Wizard. You need to review the setups available and create the others.
- Company Setup
- Employee Setup
- Tax details
- Year-to-date payrolls
In the end, do the data review and you have successfully set up assisted payroll services.
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Through this article, we tried to explain to you all about QuickBooks Assisted Payroll and also explained the steps to set it up. If you still need an expert’s assistance to set up or understand Assisted payroll in QuickBooks, then call QuickBooks Payroll Direct Support Number 1-(855)-856-0042.
Erica Watson is writing about accounting and bookkeeping for over 7+ years, making even the difficult technical topics easy to understand. She is skilled at creating content about popular accounting and tax softwares such as QuickBooks, Sage, Xero, Quicken, etc. Erica’s knowledge of such softwares allows her to create articles and guides that are both informative and easy to follow. Her writing builds trust with readers, thanks to her ability to explain things clearly while showing a real understanding of the industry.