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Sep 15, 2024 12:23 PM UTC
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I am a sole proprietor using Quicken self employed. I am looking at hiring my first employee. Does quicken software handle accounting and payroll?

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Answer
Sep 16, 2024 8:18 PM UTC

Thanks for replying to this thread, @buttersbarkery. I will provide more details about the services offered by QuickBooks Online (QBO) and QuickBooks Online Payroll.

 

First, it's important to note that QuickBooks Online Payroll is a separate subscription from QuickBooks Online. QuickBooks Online is a cloud-based financial management software that's designed to reduce the time you spend managing your business finances.

 

However, QuickBooks Online Payroll is a service that integrates with QuickBooks Online accounting software. Together, they ensure that your books are always up to date.

 

Regarding taxes, QuickBooks Online Payroll handles taxes on employee paychecks. It includes features like automated tax calculations, filing, and payments, ensuring compliance with federal and state tax regulations.

 

Nevertheless, to get updated on the prices of each subscription and the services that it has offer feel free to visit these links:

 

 

If you have more concerns with managing your QuickBooks subscription. Please let us know by leaving a reply below. Stay safe.

5 replies

Sep 15, 2024 12:50 PM UTC

Quicken or QuickBooks?

Sep 15, 2024 1:52 PM UTC

It's a pleasure to have you here today, buttersbarkery. We'll provide an overview of how QuickBooks Self-Employed (QBSE) works.

 

Before anything else, know that Quicken and QuickBooks are two different software. QBSE, on the other hand, can help you record your business's income and expenses, track mileage, and prepare Schedule C tax forms. However, the option to add employees and manage payroll tasks is unavailable inside the program. For more details, refer to this page: Overview of QuickBooks Self-Employed.

 

You can check out QuickBooks Online (QBO), which allows you to manage employees, accounting, and payroll tasks. Feel free to visit this article: Get started with QuickBooks Online.

 

Moreover, here's an article to help you handle monthly billing and subscription inside the program: Update your billing and subscription info in QuickBooks Self-Employed.

 

The Community team is consistently available to offer additional support if you have any questions regarding the program. You are welcome to visit us anytime or leave a comment below. We will ensure a prompt response. Stay safe.

Sep 16, 2024 6:14 PM UTC

Thank you for your help! When I go to look at quickbook online it only gives me the option for both accounting and payroll in Britain not the US. In the US it looks like you have to purchase Quickbooks online payroll and Quickbooks online?

 

Can you purchase 1 that will run both without having to subscribe to two separate types of Quickbooks?  Also I cannot find anything showing if figures and handles taxes for employees paycheck etc. 

Answer
Sep 16, 2024 8:18 PM UTC

Thanks for replying to this thread, @buttersbarkery. I will provide more details about the services offered by QuickBooks Online (QBO) and QuickBooks Online Payroll.

 

First, it's important to note that QuickBooks Online Payroll is a separate subscription from QuickBooks Online. QuickBooks Online is a cloud-based financial management software that's designed to reduce the time you spend managing your business finances.

 

However, QuickBooks Online Payroll is a service that integrates with QuickBooks Online accounting software. Together, they ensure that your books are always up to date.

 

Regarding taxes, QuickBooks Online Payroll handles taxes on employee paychecks. It includes features like automated tax calculations, filing, and payments, ensuring compliance with federal and state tax regulations.

 

Nevertheless, to get updated on the prices of each subscription and the services that it has offer feel free to visit these links:

 

 

If you have more concerns with managing your QuickBooks subscription. Please let us know by leaving a reply below. Stay safe.