2020 Review Of BooksTime Payroll

January 6, 2020 Bookkeeping

BooksTime accounting

As a BooksTime Partner, you can use your People Advisor Certified badge to signal to clients and potential clients that your expertise extends beyond your financial knowledge into people operations. This program and its badge are the first of its kind for accountants from any payroll or HR provider and will help accountants and bookkeepers stand apart from the crowd. BooksTime believes that “it’s time for accountant’s to think differently about payroll”, that’s why they have created ‘People Advisory powered by BooksTime’. Small businesses need more help, expertise, and guidance than ever before, and they’re turning to accounting partners to support them in new ways.

Releases included customizable payroll reports, a simplified PPP Loan Forgiveness tracker and a streamlined PPP application report that’s been downloaded more than 80,000 times to date. Nationwide, BooksTime enabled more than $2.5 billion worth of approved PPP loans. CenterPoint Accounting software is solid financial accounting software with strong customization capability and reporting options.

What is people Advisory certification?

Unlike other certification programs that only focus on product training, People Advisory Certification gives powerful insights into payroll, benefits, and HR. Build domain expertise on payroll, benefits, and HR so you can confidently advise your clients and their employees into the future.

Unfortunately, you won’t be able to pay your contractors using AutoPilot. In addition to these forms, BooksTime also processes 1099s for any contract employees you may have, as well as both state and local taxes for all employees. Payroll processing can be intimidating to anyone, especially if you’ve never had to manage payroll or process payroll taxes. Product Reviews Unbiased, expert reviews on the best software and banking products for your business. Best Of We’ve tested, evaluated and curated the best software solutions for your specific business needs.


As a user, you can create employee profiles and perform administration on health benefits and workers’ compensation. BooksTime can pay employee wages and contractors, as well as state and federal taxes, on behalf of your organization. One of BooksTime’s most convenient features is the employee onboarding process, which is completed by the employee. The onboarding feature also allows employees, once signed up, to access payroll information, change personal information, and view paystubs. If processing payroll for multiple clients, each client can access their payroll data through an assigned portal, where they can enter employee time data and access payroll related reports and tax information. 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.

You’ll have to enter them into BooksTime yourself to get them started, but once you supply basic details, including an email address, BooksTime will email the employee directly. I think this is one of BooksTime’s most important features, particularly for small business owners who may not have as much time to spend on payroll and personnel-related details as they may like. In addition to helping you learn how to run payroll, BooksTime also includes healthcare and retirement plan administration as well as complete access to HR professionals and resources through its Concierge plan. Designed for those initially overwhelmed by the thought of preparing payroll, BooksTime offers a variety of tools and resources designed with small businesses in mind. Accounting Accounting software helps manage payable and receivable accounts, general ledgers, payroll and other accounting activities. The average business spends 1–5 hours a month on payroll, and up to 40 hours on year-end tax prep.

They offer payroll, benefits management, payroll tax, and human resource tools through cloud-based software. As with ADP, the primary reason how to hire an accountant to go with Paychex would be the use of a PEO or some specific platform need, like issuing checks, that Paychex offers and BooksTime doesn’t.


You can send offer letters, grant more administration privileges to managers, create employee surveys, and automatically sync PTO requests and holiday pay to payroll. BooksTime also has your back if you want to offer benefits that make your company more competitive, including 401 options, commuter benefits, life insurance, and college savings plans.

BooksTime accounting

Our rates start slightly higher at $95/mo base + $10/per person, per month, but payroll is completely hands off for you. We manage the employee on-boarding, enter hours, work with your employees when the have questions, and even send payments to retirement plans if you have one in place.

Synchronize Employee List To

All reports can be downloaded as a CSV file for exporting, or saved and stored as a PDF. Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services. The Top 20 Firm has added Boston-based Starter-Fluid, which offers outsourced finance, accounting and executive support services. BooksTime is also a powerful HR and benefits management solution, with employee benefits administration, modern HR tools and certified HR support to maintain compliance. Just like BooksTime, BooksTime aims to make the task of processing payroll as easy as possible. BooksTime is for any business that wants to spend less time processing payroll . BooksTime is a full-service payroll option , and has three available bundles with increasing functionality.

Can you print checks with BooksTime?

BooksTime supports printing on both customized, check on top paper, and blank, check on bottom paper. Both options will also include an earnings statement.

Includes unlimited contractor payments, contractor self-service, and form 1099 creations and filings, ideal for businesses such as freelance agencies, medical clinics, construction services, and more. AccountingSuite™ partners with accountants to deliver the software as low as $5 per month per client with unlimited accountant and bookkeeper seats. AccountingSuite™ is an award-winning native cloud enterprise accounting software with built-in advanced inventory management solutions. The pure cloud application allows users to login anytime from any device and provides unlimited transactions as well as multiple users.

BooksTime is a company that provides a cloud-based payroll, benefits, and human resource management software for businesses based in the United States. BooksTime handles payments to employees and contractors and also handles electronically the paperwork necessary to help client companies comply with tax, labor, and immigration laws. Includes hiring and onboarding tools, time-off requests, employee directory and surveys, plus all payroll features, employee accounts and profiles, health benefits and workers’ comp administration, expert support. We provide a lot more than just payroll.BooksTime is one of many solutions we provide for our clients. Aside from your payroll, we can also automate and outsource your accounting, manage all your tax and compliance, as well as provide meaningful support and advice to help you grow your business.

What Are The BooksTime + BooksTime Integration Features?

Receive live, unlimited access to HR professionals to receive assistance with payroll compliance, employee issues and more. Customize permissions for account administrators, as well as for managers to access information for their direct reports. Setup employee information and add teams, departments and managers. Can integrate with third-party tools as well as BooksTime partner add-ons for benefits like 401 and 529 college savings.

  • Still, $19 a month is quite literally the cheapest full-service payroll plan out there.
  • Finally, BooksTime is dramatically more aesthetically pleasing and user friendly.
  • If you’re not willing to risk a botched payroll run, we recommend skipping this plan until it’s more established.
  • Share access to your latest business numbers with us – so everyone is up to speed.
  • Payroll processing can be intimidating to anyone, especially if you’ve never had to manage payroll or process payroll taxes.

Each pay stub provides a wealth of information, including gross earnings, total taxes, benefits and deductions, and time off that has been used as well as accrued, along with the check amount. In addition to pay stubs, employees can also access year-end forms like their W-2s. Applicant Tracking Choosing the best applicant tracking system is crucial to having a smooth recruitment process that saves you time and money. Find out what you need to look for in an applicant tracking system.

Mapping Payroll Categories

BooksTime is the David to ADP’s Goliath, and it is easy to see why. As a disruptor to the space, BooksTime wins handily at ease of setup and use, clear pricing, and all-important customer support.

This means that when you have accounts on both platforms, your organization’s information can sync up seamlessly . Your accounting software and your payroll software will be ‘talking’ to each other, removing the disjointed effects that are often a result of using multiple platforms to run your organization. Today, the company announced a slew of new offerings that it hopes will give employees better financial and health options through their employers. When we caught up with BooksTime last year, the small business payroll startup had just raised $200 million and was launching a new office in New York City. ZipBooks time-tracker makes it easy to manage billable hours and team projects. With a single-click or automated schedule, sync time entries to save even more time prepping payroll. Manage time and pay within ZipBooks for payday smiles and dead-simple reconciliation.

The final step in the setup wizard involves selecting the right BooksTime plan for your business. The site then helps you create and test a link to your bank account (submitted using a company signatory’s name and approval) and select a payroll schedule . BooksTime limits you to two of the latter, one salaried and one hourly (though you can run off-cycle payrolls, which all the services allow). Next, you supply any data needed for your state, such as the State Unemployment Insurance Rate .

BooksTime also offers more HR-specific features than BooksTime Payroll, like the ability to create and maintain a business organizational chart. With BooksTime Payroll, on the other hand, you’re limited to BooksTime tools unless you use your software with BooksTime Online. 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. This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Although you mapped out your accounts in the first step, you can create custom mapping for each employee by clicking the ‘Edit Mapping’ button on the righthand side. The following mapping page will look like the mapping page you filled out for your organization.

Pricing can be difficult to assess given ADP’s custom quote system, but most small businesses will end up paying twice as much for ADP as they would with BooksTime. Though we suggest BooksTime as our exclusive payroll provider for all our clients, we know there are other options out there. The primary differences will come down to price , usability , and features (ADP/Paychex/BooksTime each have a feature BooksTime lacks). We have gathered the other popular payroll providers to compare them with so you can make an informed decision.

These are the best payroll providers, offering everything you need plus add-on services as your business grows. BooksTime is one of the most user-friendly programs we’ve ever seen, with rock solid performance and world class support. We chose it over its older and costlier competition and have never https://bookstime.company/ regretted it. Keeping abreast of upcoming payroll tasks and deadlines is simple with the uncluttered dashboard. This makes it easy for us to remain in up-to-date and in compliance for all our clients. The user interface is impeccable, placing all information within a few obvious clicks.

Besides a regular payroll, you can initiate a bonus, off-cycle, dismissal, or missing payroll run. If you’re just running a standard payroll, BooksTime displays an employee list that includes the annual salary or hourly rate for each.

BooksTime accounting

Appointment Scheduling Taking into consideration things such as user-friendliness and customizability, we’ve rounded up our 10 favorite appointment schedulers, fit for a variety of business needs. Business Checking Accounts Business checking accounts are an essential tool for managing company funds, but finding the right one can be a little daunting, especially with new options cropping up all the time. CMS A content management system software allows you to publish content, create a user-friendly web experience, and manage your audience cash basis vs accrual basis accounting lifecycle. Construction Management This guide will help you find some of the best construction software platforms out there, and provide everything you need to know about which solutions are best suited for your business. This cloud-based payroll platform offers services for payroll processing, benefits, payroll tax, and human resources tools. BooksTime’s affordability and simplicity make it an excellent choice for small businesses—especially its cost-effective Core plan, which has enough features to turn payroll from a gale to a breeze.

That means super smooth, stress-free filing for you and your team. BooksTime makes mastering your company’s HR, payroll, and benefits simple. Automate the hard stuff, and take good care of your people—the easy way. BooksTime has excellent integration with time-tracking software and accounting.

It provides a smart set of commonly used payroll tools for small businesses, and distinguishes itself with an exceptional user experience sporting a clean, easy-to-use interface and an BooksTimeive navigation scheme. BooksTime Those are critical attributes for payroll—a decidedly complex and time-consuming job. BooksTime has steadily improved, adding new functionality in areas like contractor payments, benefits, and user experience.