Small Business Payroll Software: The 5 best for 2022
If you have your own business, you know how important it is to keep track of your expenses and employees’ salaries. For that, you need good payroll software to make sure you can do so in the most efficient way possible. But with so many different options out there, which one should you choose? We’ve reviewed the best small business payroll software so that you don’t have to waste time trying out one after another in order to find the right one for your company. Check out our list of 10 small business payroll software that could be the perfect fit for your business!
Xero is a cloud-based platform that manages payroll and taxes, with flexible automated solutions for specific business needs. It is the market leader in small business payroll software. It has a competitive price, unlimited time off tracking, customizable budgets and reports, straightforward tax calculations, and compliance features. All of this is designed to help any business grow more efficiently without additional cost or complexity.
2) Sage 50cloud
Sage 50cloud offers online payroll and HR. It enables many small businesses to focus on running their company instead of managing administrative tasks like hiring, benefits, and tax filing. Sage 50cloud also offers a self-service portal where managers can manage documents, schedules, processes, and files related to their employees’ work. This removes the burden of dealing with administrative tasks and frees up time to run your business.
Payroll is one of the most tedious and difficult parts of running a small business. This year, there are many good options that are intuitive and straightforward. For example, Gusto is not only one of the easiest-to-use payroll platforms on the market, but it also offers the best integration with QuickBooks (the software most small businesses use) and easy connection to other services like Square App.
FreshBooks was the first accounting software company to offer their product to US customers as a web-based application. The firm also offers all of its user’s free credit card processing. They are not only one of the best small business payroll software options, but they are among the most affordable.
First, you must start by setting up your account and billing information in order to activate your service with FreshBooks. Next, you must create separate invoices for each client that you work with and then track your expenses against them separately.
ZenPayroll is one of the more economical options on this list, but it also manages to stand out. One such example is its QuickBooks integration, which allows you to take your data and seamlessly import it into the program so that you don’t have to worry about double entry of information or manually entering payroll transactions. If you’re a freelancer or use a variety of people throughout your business, this can be invaluable as it will save time by eliminating a step when you need to go in and do accounting work.