Not the Wray Rives you were looking for?

Try Here
www.RivesCPA.co

Wednesday, February 10, 2010

Why we offer payroll services

Our firm started offering online payroll services to small businesses in January of this year.  In my experience working with small business owners, payroll has always been one of the biggest headaches.  There have been very good payroll services offered online for several years, but they tend to be price prohibitive for most of the small businesses I deal with.  The services I have seen seem to make sense when you get up to 10 or more employees.  That is just not the typical client I deal with every day.  I would say most of my clients have one to two employees.  I knew with the technology available today from all the cloud computing applications, it was just a matter of time before someone dependable offered a payroll solutions.  Enter the folks at Intuit, the makers of Quickbooks.  When I found out they were offering an online payroll solution, I checked it out and found that it works well for my clients.  Because I can sign up to manage multiple client payrolls, I get to offer the service at a much cheaper cost than the standard retail price-another win.

The way this works is you contact me to set you up with a payroll account on Intuit's site.  If you want I can even set up your employees for you on the site or you can go and log on yourself to enter the information. Everything is done over the internet. Each pay period, you go to the site with your log on and enter the information to process your payroll.  It has a very simple easy to understand interface.  You can also offer options that are comparable to other automated payrolls like direct deposit, multi-state payroll and online access to pay-stubs.  Plus your payroll tax obligations are automatically calculated for you to file your 941's, 940's and year end W2's and any state payroll reporting is also automated.  You have the option to file your return yourself or if you want our firm can process your tax returns directly from our site.

Of course it's from the makers of Quickbooks, so the information also imports directly into all versions of Quickbooks.  It also integrates with Peachtree, Quicken, Pro Systems, Microsoft Money and Versa Check software.  If you are an Outright client, our firm will post the payroll information directly into Outright for you, so you can track your payroll expenses inside Outright.

I really believe this service is going to be a big hit for small businesses and the cost is very affordable.  If you get the service through our firm the price is just $25 per month for the first 5 employees.   Most of the other payroll services cost anywhere from $35 to $50 per month, because they are targeted towards companies with larger payrolls.  If you have more than 5 active employees it cost only $1 per month per employee over 5.  Even if you buy the payroll software, it can cost over $300 and you have to constantly keep it updated.  This service will eliminate all those hassles.  There is no commitment and no contract, if you don't like the payroll solution just let us know and we will close your account and stop the monthly billing immediately.

I can tell you to this is going to be a hit with my firm also, because we just finished up January and having to chase down clients and get the information to file their W-2's and year end payroll tax returns can be very trying.

If you want to test drive the software to see how it works click here.

If you want to sign up today send us an email.

Bookmark and Share

1 comment:

  1. Wray,

    Congratulations on offering payroll services. We started some years ago and are pleased with our service. More importantly our clients are very happy.

    With the pricing you are offering this is truly a win-win situation. Your clients get a great value-added service for a very reasonable cost. You now have all of their payroll records accessible to prepare their business and individual returns. Another benefit is the increase in communications you will have with your clients when they use your payroll service. Increased communications usually makes for a happier client.

    Best of luck with your new payroll service and tax season.

    Regards,

    Thomas F. Scanlon, CPA, CFP®

    ReplyDelete