QuickBooks Enhanced Payroll

QuickBooks Enhanced Payroll, now known as Advanced Payroll, is a software designed for businesses and requires more advanced payroll features. QuickBooks Enhanced Payroll includes automated payroll processing, custom reporting, timesheet management, employee portals, and HR tools. It also calculates multiple statutory payments.

QuickBooks Enhanced Payroll provides more flexibility in pay schedules, such as weekly, quarterly, and yearly options. It also manages automatic pension submissions, deductions, and allows the sending of Full Payments Submissions and Employer Payment Summaries (EPS) to HMRC.

System Requirements for QuickBooks Enhanced Payroll

The system requirements for the QuickBooks Enhanced Payroll are the following:

• 64-bit Windows 10 or Windows 11. Not support Windows 11 IOT, Windows 10 S Mode, and Linux.
• 2.4 GHz minimum processor.
• 8 GB minimum RAM for 64-bit, 16 GB RAM.
• 2.5 GB of disk space for additional storage for data files.
• 1280×1024 or higher screen resolution.
• 32-bit Internet Explorer 11.
• Internet access for payroll and additional online features. 
• Additional Requirements of 60MB for Microsoft .NET 4.8 Runtime, with the installation files.

Features of QuickBooks Enhanced Payroll

QuickBooks Enhanced Payroll offers many features. According to Intuit, it provides direct deposit, automated payroll processing, HR support, time tracking, and more. It also integrates with different QuickBooks features.

1. Enhanced Reporting

The QuickBooks Enhanced Payroll has an Enhanced Reporting feature that allows you to create multiple reports for tracking the performance of businesses and make informed decisions accordingly. Access these reports in the “Payroll” section, then navigate to the “Reports” tab, then select whatever report you want, for example, the Pay Run Audit Report. According to QuickBooks, you can customize reports to include specific details, such as employee data, and can export them for additional analysis and presentations.

2. Direct Deposit

QuickBooks Enhanced Payroll enables direct deposit, removing the necessity for paper checks. To configure this feature, you must give the employee’s bank account and routing information. QuickBooks subsequently deducts employee earnings and taxes, holding the tax component for future payment. The procedure involves entering employee banking information, reviewing payroll, and finalizing the payroll submission.

3. Automated Payroll Processing

QuickBooks Enhanced Payroll includes an automated payroll feature known as “Auto Payroll”, which simplifies the payroll process by automatically determining and handling employee wages according to an established schedule and employee information. It manages tasks such as computing deductions, creating payslips, and filing payroll with HMRC.

4. HR Support

QuickBooks Enhanced Payroll offers HR support via the HR Support Center, which is accessible in the Premium and Elite plans. This service offers access to HR Tools, resources, and HR advisors. It also helps in businesses with HR-related tasks such as onboarding, employee handbooks, and policy development.

5. Time Tracking

The Time Tracking feature in QuickBooks Enhanced Payroll enables businesses to track precisely the working hours of employees and automatically transmit this information to payroll for efficient and accurate processing. You can access this feature as an integrated function in QuickBooks Online Advanced or through a distinct QuickBooks Time subscription.

6. Tax Filing Assistance

The Tax Filing Assistance feature of QuickBooks Enhanced Payroll helps businesses compute automatically and submit payroll taxes. It offers direct deposit, automated payroll management, and employee assistance. This feature also helps ensure compliance and reduces the risk of tax fines.

7. Integration with QuickBooks

QuickBooks Enhanced Payroll includes a smooth combination of QuickBooks Desktop and QuickBooks Online. This feature simplifies payroll processing and accounting. This integration enables automatic syncing of payroll information. It also allows for removing the need for manual input and guarantees accurate financial reporting.

8. Employee Portal

The QuickBooks Enhanced Payroll has an Employee Portal feature that allows employees to safely access and handle their payroll data online. It also provides a self-service portal for employees to access payslips, update their personal information, and request leave. Furthermore, all without having to reach out to HR or payroll directly.

9. CIS Calculations

The QuickBooks Enhanced Payroll’s CIS Calculation feature helps businesses to calculate precisely and document Construction Industry Scheme (CIS) deductions for both contractors and subcontractors. It automatically calculates CIS deduction according to the set deduction rate and tracks withheld or incurred amounts. This feature also simplifies reporting to HMRC and guarantees compliance with CIS regulations.

10. Pension Management

QuickBooks Enhanced Payroll provides solutions for managing workplace pensions. It includes automated reporting via PensionSync or manual configuration. You can set up several pension plans, monitor employee sign-ups, and opt-outs. This feature also handles salary sacrifice agreements.

11. Mileage Tracking

The mileage tracking feature of QuickBooks Enhanced Payroll helps businesses track accurately and claim their expenses associated with employee travel for business reasons. It ensures adherence to tax rules and optimizes deductions. This feature is particularly beneficial for businesses where workers often use their vehicles for job tasks.

12. Receipt Capture

The Receipt Capture feature in QuickBooks Online allows users to directly upload receipts into the banking center. QuickBooks tries to match the recipient information with existing transactions or create new ones. Access this feature via the QuickBooks Online web platform and the mobile application.

13. Batch Invoices and Expenses

The Batch Invoices and Expenses feature of QuickBooks Enhanced Payroll permits you to manage multiple invoices or expenses at once, instead of only one at a time. QuickBooks Online Advanced includes this functionality and allows you to save time and effort by simplifying your billing and expense recording processes.