Seeking Software Suggestions for Payroll Management
As an experienced bookkeeper and tax accountant (EA), I’ve recently embarked on running my own practice after spending a decade handling tax and Bookkeeping tasks. Throughout those years, I’ve relied on QuickBooks Desktop for payroll management and an Excel spreadsheet. However, I’m now faced with a client who prefers not to use QuickBooks, whether desktop or online.
Given this situation, I’m seeking recommendations for alternative payroll software suitable for my clients. It’s been about five months since this topic was last discussed according to my research, and I’m curious to know if there have been any updates or new tools that have gained traction since then.
Additionally, I’m interested in understanding the standard pricing for payroll services. At my previous firm, we charged a flat fee of $50, plus $5 for each employee. How do these rates compare to what others are charging?
Your insights and experiences would be immensely valuable to me.
One response
Choosing the right payroll software is crucial for streamlining your Accounting and tax preparation processes. Below are some recommendations for payroll software, along with pricing strategies that may work for your business.
Payroll Software Recommendations
Pricing: Starts at $39/month plus $6 per employee.
ADP
Pricing: Customized pricing based on business needs.
Paychex
Pricing: Starts at $59/month plus $4 per employee.
Wave Payroll
Pricing: $35/month plus $6 per employee.
OnPay
Pricing Strategies
Pricing can vary significantly based on market conditions, the complexity of payroll tasks, and geographical factors. A typical approach would be a base fee plus a variable fee per employee: