In 2020, BooksTime is making a push to sign up more accounting firms as partners and earn its People Advisory Certification. PCMag.com is a leading authority on technology, delivering Labs-based, independent reviews of the latest products and services. Our expert industry analysis and practical solutions help you make better buying decisions and get more from technology. The mobile version of BooksTime replicates the desktop browser experience quite well.

Through this service, firms can give their clients access to certified HR professionals who can help them navigate HR compliance questions in addition to running payroll. Like BooksTime, BooksTime offers a 30-day free trial of their payroll software; however, using this trial usually excludes you from taking advantage of one of their promotional offers. Nevertheless, there is no contract requirement for BooksTime payroll and you can cancel at any time.

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The user interface makes it easy to ensure that your employees time is recorded accurately and that they are paid correctly. The filing and paying of payroll taxes, which can be a complex process, is handled by BooksTime. Lastly, the good integration with the accounting software ensures that accurate payroll data is reflected on financial statements. An unusual benefits feature is the availability of lifetime employee accounts, which let employees access account information even after leaving or being terminated from their current company. Further, BooksTime now supports Health Reimbursement Agreements . These are federal programs that give companies a tax break when they contribute money to employees to help them pay their own health insurance premiums.

You first add your company’s name and address and then enter the preliminary information for each employee’s record. You can provide all the necessary information here or click a button to send employees an email that lets them complete part of the process themselves. This optional employee self-onboarding is becoming more typical of cloud-based payroll, and it saves time for the administrator. BooksTime offers full-service payroll, benefits and HR—all in one platform. This cloud-based software is a favorite among small business owners with top-rated customer service.

This being said, however, the features included with BooksTime Payroll are more compelling if you already use BooksTime Online or plan to purchase the bookstime jobs two software subscriptions together. Smaller teams can get away with BooksTime’s Core plan since it comes with full-service payroll for all 50 states.

• Below that is a list of employees with key numbers from the current payroll.
• For those businesses are just getting started and have less history.
• Hiring, time off, and benefits can be administered directly in the system.
• Creating a dynamic and impressionable logo and brand identity that accurately represents your business takes more than a simple sketch or a splash of color….

Records are split into six sections divided by labeled tabs. Job & Pay displays employment details like status, compensation, payment methods, and taxes. Garnishments and custom deductions also appear here, as do links to pay stubs. The Personal screen contains data like social security number, birthday, address, and emergency contact. If you’ve set up an integration with a performance application , you see that data when you click the Performance tab. Click the Time Off tab, and the screen displays related requests and policies, as well as a tracking history. The Documents page contains a list of HR forms the employee has completed and signed.

Seven Benefits Of BooksTime

We believe everyone should be able to make financial decisions with confidence. Finally, before the payroll run is submitted for processing, BooksTime provides a summary of the run. This includes the amount that will be deducted from the company bank account and the amount each employee statement of retained earnings example will receive. Starting your company on BooksTime is easy, especially since a free trial period is included. There are several different plans available, which provide varied levels of system functionality. Their Core plan usually has everything a small business would need.

Both BooksTime and BooksTime Payroll offer their three plans on a subscription basis, meaning you’ll pay a monthly base fee, plus a monthly per-person fee, which will depend on how many employees you add to the system. Create and download reports for payroll, PTO, taxes, contractor payments and more. Allow employees have access to their own portal with payroll setup, paystubs and tax forms.

What Is The BooksTime + BooksTime Partnership?

Check out the rest of our picks in our guide to the top payroll solutions. It comes with plenty of tools that solve some of your greatest payroll pain points and helps you automate crucial repetitive tasks like filing state taxes. When you couple that with the fact that it’s extremely easy to use and comes with accessible employee tools, you really can’t go wrong with BooksTime. When you sign up, the number of clients you serve will determine the tools you need. With bookstime career BooksTime’s accountant partnership, you get access to more flexible payment plans for both you and your clients, as well as a dedicated representative to answer questions. ‘There are no employees in your current accounting company.’ – please create at least one employee in your BooksTime/BooksTime company and repeat your action. ‘There are no employees in your current payroll company.’ – please create at least one employee in your BooksTime company and repeat the action.

Then, you can filter by type of employee; for example, you can sort by employment status or pick specific employees. There’s a payroll report that looks equally as powerful and customizable, but it’s still in beta.

As you can see, even within the Core plan, BooksTime provides significant functionality for managing your payroll and related small-business HR processes. With their higher-level plans, however, they offer a wider range of tools for onboarding, time management and professional support. Manage health benefits and workers comp with online enrollment for employee health insurance, as well as billing and estimate support Certified Public Accountant for workers comp administration. Existing employees receive an email inviting them to create an account. During this process they input their personal and withholding information. After the employees complete their set-up, the business owner enters state tax information into the system. If you compare various Accounting Software services you shouldn’t only look at their features list and offered pricing packages.

In order for your BooksTime payroll transactions to successfully be categorized in BooksTime, you’ll need to set up your expense mappings in BooksTime. On the Payroll page in BooksTime, you’ll be able to see that the integration is connected once setup is successfully completed. Click on Connect if you have an existing BooksTime account or click on Create Account if you want to set up a BooksTime account.

Payroll Payments

Today, BooksTime is taking the next step in delivering more support to small businesses. They are empowering their accountant partners to become holistic business advisors with the introduction of People Advisory™ powered by BooksTime. We’ve helped our customers secure more than $2 billion in approved PPP loans and built a comprehensive resource hub that simplifies legislation. Kathy Yakal has been writing about PC applications since 1983, when she joined the editorial staff of COMPUTE! She began specializing in financial solutions in 1989, writing a newsletter for CPAs who were exploring the use of personal computers in their firms. Since then, she has contributed to numerous print and web-based publications, including Barron’s and Kiplinger’s Personal Finance Magazine.

BooksTime’s People Advisory and Certification program equip accountants with insights and advisory frameworks on payroll, benefits, and people operations best practices. Accountants are able to leverage financial and regulatory expertise to advise clients in staying resilient and building enduring businesses. BooksTime is introducing People Advisory powered by BooksTime to help accountants easily combine their deep financial expertise with insights from BooksTime’s platform to help clients achieve the impossible. Empowering accountants and bookkeepers to expand beyond conventional payroll offerings to providing counsel on key business and people-focused decisions is vital to small business survival and recovery. The firms who exit the pandemic and recession most successfully will be those focused, right now, on guiding clients with business advisory services. On June 12, 2013, BooksTime announced support for paying contract workers, including making sure of tax compliance . This was touted by some technology writers as giving the company an advantage over competitors such as ADP and Paychex, whose payroll software was claimed to lack the flexibility to accommodate contract workers.

In order to not have the tax collector knocking on the door, payroll taxes must be paid on time. Finally, accurate financial statements must present payroll expenses and liabilities in a timely manner. BooksTime is a full-service payroll software solution that allows you to manage all the parts of your payroll service, including payroll tax management and employee forms. BooksTime offers three main tiers of service, a litany of integrations, and plenty of premium add-on options to customize your payroll and HR experience. As part of the core payroll product, BooksTime offers employee onboarding . Separately, BooksTime offers employee health insurance, dental insurance, and vision insurance enrollment and administration. In addition, BooksTime offers other employee-benefit and related products through third parties, including 401K and workers’ compensation insurance.

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Receive the option to set up auto payroll for salaried employees on direct deposit. Health benefits included retained earnings with all plans but may require additional fees; workers comp payment service available for additional fees.

In December 2012, BooksTime announced that, back in April 2012 upon graduating from Y Combinator’s Winter 2012 class, ZenPayroll had raised the largest seed round for a Y Combinator startup. PCMag, PCMag.com and PC Magazine are among the federally registered trademarks of Ziff Davis and may not be used by third parties without explicit permission. The display of third-party trademarks and trade names on this site does not necessarily indicate any affiliation or the endorsement of PCMag. If you click an affiliate link and buy a product or service, we may be paid a fee by that merchant. BooksTime presents a clean, understandable screen for entering and verifying payroll hours. BooksTime walks new users through a thorough set of setup procedures. We may monetize some of our links through affiliate advertising.

To sweeten the deal, you can pass on a one-month free trial to your clients to help with customer acquisition. Once you sign up, you can get up to 20% revenue share and client discounts. You can also earn CPE credits from BooksTime’s live webinars to go toward professional certifications. BooksTime for accountants is designed for accountants to dole out professional services to their clients with its slew of business tools. This is a great option for businesses that want all the perks of using BooksTime but don’t need access to more robust tools. Teams on the opposite end of the spectrum who want full access to all of BooksTime’s features will want to take advantage of BooksTime’s Concierge plan. Not only does it come with access to certified HR professionals, but you also get access to project management and workforce tracking tools, special permission settings, and an HR resource center.

BooksTime Takes The Stress Out Of Payroll

We’ll get your BooksTime payroll account set up and import data from any previous payroll system . Once you’re set up, you can run your first payroll in just minutes. We can also help with any applicable employer or state registrations, and integrating BooksTime with your BooksTime accounting system. We are excited to announce a new direct integration with the Bookkeeper360 App and BooksTime, the popular payroll and benefits platform trusted by more than 100,000 businesses nationwide.

Work with SimplyInsured to find the right health insurance for your business; will require additional fees. Federal and state taxes are calculated, filed and paid automatically.

‘If you have already linked the company, please reload the page or reconnect the company. If the problem persists please contact our support team.’ – please reload the page to be able to access the payroll page, if the accounting company is already connected. Share access to your latest business numbers with us – so everyone is up to speed. “BooksTime allows our firm to focus on value-add services for our clients rather than painstakingly filling out payroll tax forms.”

In this way, if you don’t use BooksTime Online for accounting, you’ll have to manually input data from your accounting software into BooksTime Payroll. There is also a mobile application for Android and Apple smartphones. The functionality of the mobile app is limited and directed at use by employees, not employers.