A Complete Guide About Quickbooks Desktop Payroll Basic, Enhanced And Full Subscription

Quickbooks Desktop is among the most used accounting software across the world. The Accounting software helps small and medium-sized businesses to keep track of their financial transactions in a more precise way. However, it can be really complex to choose the payroll option in the Quickbooks Desktop Version. it offers three desktop variants and based on its features it can be quite complicated to choose one payroll service that can suit your business requirements. It is an integrated service in the Quickbooks software that needs to be subscribed.

the payroll features in Quickbooks allows you to manage your payroll and taxes. you can create paychecks and calculate payroll taxes using this feature. In this blog, we will explain to you in detail all the three variants of Quickbooks Desktop payroll to make it easier for you to choose the best payroll service according to your business.Quickbooks Desktop payroll

Intuit always makes sure to provide a good user experience to its users. It introduced multiple features and services in its software to enhance the experience of the users. One such tool in Quicken software is the Quicken Rental property manager tool. If you own multiple properties then this is the best tool for you to keep a track of your rent expense and information about the tenants. it is an integrated tool in the quicken software.

Payroll Version for Quickbooks Desktop

There are three available versions of Payroll in Quickbooks Desktop. the Quickbooks payroll service is subscription-based service. Hence, the user will be required to subscribe to enjoy the services. the Quickbooks payroll service feature will enable users to manage and handle the payroll taxes along with features to create paychecks, payroll taxes, etc to be completely ready when it comes to paying taxes.  the three payroll version of Quickbooks Desktop are:

  • Quickbooks Desktop Payroll Basic
  • Quickbooks Desktop Enhanced.
  • Quickbooks Desktop Enterprise Full

Quickbooks Desktop Payroll Features

  • Paycheck Services for Contractors: the Quickbooks Desktop payroll features allows you to pay your vendors and employees directly from your Quickbooks Account with printed checks. You won’t be required to wait for your check anymore. the Desktop payroll features make it really easy for you to make payments.
  • Tax Calculations: Quickbooks Desktop payroll features keep a record of all your transactions and expenses. Hence, during the Tax season, the tool will automatically calculate the Tax for your account. the payroll feature will save you the time to calculate tax.
  • Tax Deadlines and Upcoming Payday Reminders: The feature sort all your bills according to the due dates and it will remind you periodically about the due dates and tax deadlines so you won’t miss anything. with this tool, you will never miss a single bill.
  • Free Direct Deposit: The Quickbooks Desktop payroll feature enables the direct deposit feature that allows the business owners to pay directly into their employee’s bank account.
  • Data Transfer: the Quickbooks Desktop payroll file can be shared with any of the Quickbooks versions. You need to simply download the file and convert it into excel format and you are good to go.
  • Generate Reports and Calculations: Human-generated reports and calculations are prone to error eventually. hence, Quickbooks Desktop payroll makes it easier by generating error-free reports and calculations.
  • 24*7 Live Support from Quickbooks Payroll Experts.
  • You can access the Quickbooks payroll Version from devices like Ipad, Iphone, and Androids.
  • Automatic tax Filling:  The tool will assist you in filing your taxes and if you forget to fill your taxes then the Quickbooks Desktop payroll feature will submit tax on your behalf. It will take care of the due dates and submit them on time.

Quickbooks Desktop Basic Payroll VersionQuickbooks Desktop Basic Payroll

the basic payroll version from Quickbooks Avail the users to process payroll or to pay the employees using paychecks or direct deposit feature. the Quickbooks Desktop basic payroll version will cost 429/month and + $2/per employee. however, there are other various features that you can avail with the Quickbooks Desktop payroll version. here is the list of the features that you will get with this version of payroll

  • Print Paychecks.
  • Pay W-2 Employees
  • Pay 1099 Employees
  • Free Direct Deposit
  • Support from payroll Experts

Quickbooks Desktop Enhanced PayrollQuickBooks Desktop Enhanced Payroll

The Enhanced payroll version is the advanced version that allows you to customize your account based on your needs. You can process your payroll, file taxes directly, pay with direct deposit, etc. The Quickbooks Desktop Enhanced Payroll version will cost $45/Month + $2/Per Employee. here is the list of the features that you can avail with the Enhanced Payroll Version.

  • Instant Paychecks
  • Pay Directly to W-2 Employees
  • Free Direct Deposit
  • E-Filling for W-2
  • Free Tax Forms Download

Quickbooks Desktop Full Service PayrollQuickBooks Full Service Payroll

The Full-service payroll service is also referred to as Quickbooks Assisted Payroll service that will automatically submit your payroll taxes. this is the most advanced version of payroll in Quickbooks Desktop which will cost $109/month and $2/per employee. Look at the features you will get with this version of Quickbooks Desktop Payroll.

  • You can create Instant paychecks
  • Allows you to pay Directly to W-2 Employees
  • Avail Free Direct Deposit Feature
  • Donwload Free Tax Forms
  • Automatic tax Filling service from Quickbooks
  • Payroll Setup
  • Free Year-End Forms
  • Instant Payroll Support
  • No Score for Tax Penalties

So this was all about the Quickbooks Desktop payroll Versions. So now you can choose between these three payroll versions depending upon the needs of your business. it is an integrated service of Quickbooks Software but you will be required to subscribe to avail the benefits of this service. We have explained above the features of all these three versions of Quickbooks Desktop payroll in detail to help you in picking the best one for your business. However, In Case you need some guidance about the Quickbooks Desktop payroll Features and services then feel free to contact Professionals at Quickbooks. they will guide you to choose the Quality Payroll Service for your business.

Usage Quicken Rental Property Manager In Simple Steps

Quicken is one of the best personal accounting solutions that can help you in managing your personal finances in the best possible way. the Quicken Rental Property manager tool is one of the finest tools that any landlord can use to have ease in managing the finance calculations of the tenants. It is one of the best tools to manage personal finances as well as the complex calculations of business in the most efficient way. we have described below the usage and benefits of the Quicken Rental Property Manager tool in detail.Quicken Rental Property manager

However, if you are a Quickbooks user then you can use the Quickbooks Online Bill pay service to pay the online bills to your employees and customer. it can help you to manage the transactions of your business with more ease.

Things to Remember Before Getting Started

  • Login your account in Quicken Software.
  • Now link or add the Rental Property in the Quicken House Account.
  • Now add the tenant to the Rental Property.
  • Download or import the data to the quicken software.

Benefits of Quicken Rental Property Manager

  • Total Worth Calculation: the Quicken Rental Property manager tool helps you to keep a track of each and every property you have. the tool will store all the information of the building that includes whether its single or multi-unit residence. the tool will help you to manage your assets in the best possible way as it is the key feature to increase the worth of your property.
  • Tenant Information: It is best to keep the information about your tenants. The Quicken rental manager tool will help you to store all the required information of the tenants you must have. here is the list of the things that the tool will help you to store.
    • Tenants Personal Information
    • Apart from the tenants, the units that are occupied.
    • Rent Reminders.
    • Starting and end Date of Occupancy.
    •  Security Deposits Details
    • Move-in and Move-out Dates.
    • Refunds and Payments.
  • Rental Expense: The tool will allow you to maintain a record of all the expenses and collect from each tenant. the income and expenses graphs are generated based on the sorted list of expenses that will help you to compare your expenses with the rent revenues.
  • Personal Finances: Along with these features, the Property manager tool also allows you to manage your personal finances that include your bank account, transactions, Credit Card account, etc. this way you can easily manage your personal finances also. with the latest release, you will get free access to credit scores and various mobile apps.
  • Tax Season: any change or update in your property that includes replacing or repairing of office roof or degradation of the equipment in the office. It will manage the record of all these things and you can export this data to use in the tax preparation software.

Steps To Add Rental Property in QuickeProperty Manager tool

In order to add a Rental property in Quicken, the first that you will have to do is to inform quicken about it. it will ask you to add the rental property with two options, whether you want to add it as single or multi-unit. after this, you have to provide a name to the rental property along with all the units and then sync this property with a quicken home account. You can follow these steps if you want to add a rental property in Quicken.

  • Open the Quicken software and go to the rental Property Tab.
  • choose the properties and tenants option and then click on the add property option.
  • Now provide all the information about your property that includes its name, address, tag, etc.

Why It Is Necessary to Provide a Name?

the Property name in the rental property manager tool is compulsory and it will help you in the future to claim your property without any confusion. Along with this, its a mandatory field in all the reports that are generated in Quicken software that includes tax planner, tax Schedule report, etc.

How to Add Multi-Unit Property in QuickenQuicken rental property manager

  • the first that is required to provide a number to each unit.
  • now click on the add option to add more units.
  • it is a must to have one-unit in order to create a multi-unit property.
  • You can also track the property value using the diagnose option.

so these are the ways through which you can use the rental property manager tool to manage and record the expense and rent from your property. The Quicken Rental property tool can be accessed with the Quicken tool and along with this, you can also manage your personal expenses with this tool. if you have any issue while accessing or using this tool then you can ask for guidance from the experts. they are highly-qualified and have hands-on experience on all these technologies so they can provide you the best possible solution.