Boosting Productivity for ProAdvisors with QuickBooks Online Payroll

Are you a ProAdvisor looking to streamline your payroll management, enhance productivity and, increase firm revenue (AND be a hero to your clients)?

Well, my fellow accounting peeps, look no further than QuickBooks Online Payroll! This powerful tool offers a range of features that can help you handle payroll for your clients, making your job as a ProAdvisor much easier. In this blog post, we’ll delve into 4 key features of QuickBooks Online Payroll that can help you supercharge your productivity and get you ready for tax season:

  • Flexible Accountant Mapping in QuickBooks Online Payroll
  • Using QB Time Inside QuickBooks Online
  • Simplified Payroll Item Management in QuickBooks Online Payroll
  • Managing Employee Documents in QuickBooks Online Payroll

Flexible Account Mapping in QuickBooks Online Payroll

One of the most time-consuming aspects of managing payroll is ensuring that transactions are accurately categorized in a way that is meaningful for your clients. Having numbers in the right places so that you can be that trusted advisor is so important for you and your clients! Flexible Accountant Mapping in QuickBooks Online Payroll can make a HUGE difference here. The ability to customize and map accounts in QuickBooks Online Payroll streamlines this process, ultimately saving you time so you can get back to advisory work.

Chart of Accounts; you’ll start by making sure the Chart of Accounts is organized in a way that makes it easy for you and your clients to evaluate and make decisions about how their business moves forward.

Customize Account Mapping: Use the Flexible Accountant Mapping feature to customize the mapping of different payroll categories to specific accounts. This ensures that expenses, deductions, and taxes are accurately reflected in the client’s financial records.

Ensure Accuracy: Review and double-check the mapping to ensure accuracy. The flexibility of this feature allows you to make changes as needed, ensuring that everything aligns perfectly.

Screen shot of setting an employee deduction to an expense account in QBOP

Flexible Accountant Mapping not only saves you valuable time but also guarantees that your clients’ financial reports are accurate and compliant with accounting standards. No more sifting through confusing categories or manually adjusting accounts – QuickBooks Online Payroll does the heavy lifting for you – WOO HOO!

Using QB Time Inside QuickBooks Online

Time tracking is a fundamental aspect of payroll management, and QuickBooks Online Payroll offers an absolutely seamless solution in the form of QB Time. As a ProAdvisor, you’re likely dealing with clients who need to monitor and manage their employees’ working hours. QB Time is now integrated within QuickBooks Online, making it easy to track, report, and manage employee time effectively and without the need to load time tracking data in a separate browser. QB Time is included with the Premium and Elite QuickBooks Online Payroll subscriptions.

Here’s how QB Time can life easier for you and your clients::

Real-Time Tracking: Employees can clock in and out through the QuickBooks Workforce mobile app or web browser. The real-time tracking ensures accurate timekeeping and minimizes disputes or discrepancies.

Simplified Reporting: QB Time generates comprehensive reports, summarizing hours worked, overtime, and any time-off requests. You can easily access and share these reports with your clients, simplifying the process of payroll calculation.

Seamless Integration: QB Time is seamlessly integrated with QuickBooks Online Payroll. This means you can effortlessly transfer time data into payroll, reducing manual data entry and potential errors.

By using QB Time, we can streamline the time tracking process for our clients and enhance productivity. No more manual timesheets or time-consuming reconciliations – QB Time simplifies it all.

Simplified Payroll Item Management in QuickBooks Online Payroll

Effective payroll management requires meticulous attention to detail. QuickBooks Online Payroll understands this, which is why they’ve introduced Simplified Payroll Item Management. This feature makes it easier than ever for ProAdvisors to manage various payroll items, such as deductions, contributions, and benefits.

Here’s how Simplified Payroll Item Management can boost your productivity:

Create Custom Payroll Items: QuickBooks Online Payroll allows you to create and customize payroll items, tailoring them to your clients’ unique needs. Whether it’s healthcare contributions, retirement plans, or bonuses, you can set up and manage these items effortlessly.

Automated Calculations: The software does the calculations for these items, saving you time and reducing the chances of errors. This is particularly beneficial for complex payroll scenarios, such as those involving multiple deductions and benefits for a large number of employees.

Simplified Payroll Item Management in QuickBooks Online Payroll streamlines the setup and management of payroll items, allowing ProAdvisors to focus on more strategic aspects of our clients’ financial management.

Managing Employee Documents in QuickBooks Online Payroll

As a ProAdvisor, you’re not just responsible for checking payroll calculations – you also need to advise your clients on how to manage a variety of employee documents. QuickBooks Online Payroll offers a dedicated feature for this purpose, making it easier to maintain and access crucial HR documents.

Here’s how this feature can improve your efficiency:

Document Storage: QuickBooks Online Payroll allows your clients  to store and organize essential employee documents, such as contracts, tax forms, and identification. This eliminates the need for physical filing and reduces the risk of document loss.

Screen shot from QBOP employee detail showing uploaded documents

Secure Access: Only authorized users can access and view these documents, ensuring the privacy and confidentiality of sensitive employee information.

Document Reminders: The software can send you reminders for important events, such as contract renewals or performance reviews. This helps you stay on top of critical HR tasks.

Workforce access: Employees can also be invited to use Intuit Workforce, which will enable them to set up their direct deposit, manage their withholding and access pay stubs and W2s and more!

By centralizing document management within QuickBooks Online Payroll, ProAdvisors can save time, reduce paperwork, and enhance our overall productivity.

My go-to for payroll processing, QuickBooks Online Payroll has so many tools to help me and my clients make payroll as frictionless as ever. As a ProAdvisor, embracing these features can help you provide more efficient and accurate services to your clients while also freeing up time for more advisory offerings. So, if you haven’t already, consider adding QuickBooks Online Payroll into your toolkit and witness the transformation in your practice. Your clients will thank you for it!

This post is sponsored by Intuit and QuickBooks Online Payroll.

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