Gusto For Your Small Business Payroll? Heres Why
Payroll is one of the most confusing areas for many small business owners. It can also be one of the biggest expenses a small business owner faces. I have seen first hand how mistakes in payroll can cripple very successful businesses. If you have experienced that yourself then you know that a great payroll company is worth its weight in gold. One of the best online payroll services is Gusto. Here are our top reasons you should be using Gusto Payroll for your business.
1. Ease of Use
From setup to paying employees, Gusto software is clean and easy to use for a business owner.
Many payroll software out there make it easy to use if you are an accountant and know your way around payroll. However, Gusto’s software is easy for anyone including a new business owner. This is one of the biggest reasons I recommend Gusto to my clients.
2. Employee Access
Employees also need access to review their paychecks and information on file. If they don’t have access, then they have to rely on you to make changes. It takes away from your time to grow and manage your business.
Ever had an employee ask “Where’s my W2?” or “I need a paystub for ________.” Gusto provides each employee with access to their own portal so they can pull their forms down as needed, as well as update any personal info rather than coming to you to do that.
3. Accounting Integration
It doesn’t matter whether you use Xero or Quickbooks because Gusto Payroll integrates with both. I have reviewed countless books (Xero and Quickbooks) for small businesses and the number one area that is almost always wrong is payroll.
The main reason for this is that when you as the employer make a payroll tax payment to the IRS and State, it is typically mixed with both employer and employee taxes. As a result, your bookkeeper or accountant needs to go in and adjust that mix to the correct category, which tends not to happen. Instead, they end up getting commingled in either salaries or payroll taxes.
4. Growth- HR, Insurance, 401(k)
As you grow, you want your HR department to be like a fortune 500 company HR Department. Or at least run itself like one. Gusto allows for that. They offer easy access to areas that consume small business owners time like benefits and compliance. When you are ready to start offering health insurance or retirement plans, Gusto can help set each of those up for you.
These are the top 4 reasons why we recommend Gusto payroll (formerly Zenpayroll) to our clients. As a small business owner myself, I use Gusto and it’s proven to make my life much easier. Sign up today and get 1 free month. Then check payroll off of your to-do list.
If you need help from a Gusto partner, email us via our contact page or call us today at 813-252-0829 and we’ll get you setup.
