
Choose the right QuickBooks Payroll product for you
by Intuit•34• Updated 2 months ago
Managing payroll is a key part of running your business, and choosing the right payroll solution can save you time, ensure compliance, and help pay your employees with confidence. QuickBooks offers two payroll products designed to meet different business needs: Core Payroll and Advanced Payroll.
This handy feature checklist will help you compare the two options and decide which is the best fit for you and your business. Learn more about QuickBooks plans and pricing here.
Core Payroll vs. Advanced Payroll
Feature | Core Payroll | Advanced Payroll |
HMRC recognised | âś” | âś” |
Full cloud | âś” | âś” |
Automatically calculates NI, tax and student loan | âś” | âś” |
Can also pay overtime, bonus and other payments | âś” | âś” |
Deductions | Â | âś” |
Pay schedules | Weekly and monthly | Weekly, fortnightly, monthly, four weekly, quarterly, annually |
Send FPS (Full Payment Submission) to HMRC | âś” | âś” |
Send EPS (Employer Payment Summary) to HMRC | Manual | Automatic or Manual |
Generate payslips for employees | âś” | âś” |
Assess employees for workplace pensions and calculate pension contributions | âś” | âś” |
Automatic pension submissions | NEST | NEST, Aviva, NOW, Smart Pensions, The People's Pension |
Supports multiple pension schemes (including non-workplace pension schemes) | Â | âś” |
Automatically calculates statutory payments | âś” | SMP, SSP, SPP, bereavement leave, adoption leave |
Automatic tax code updates | Â âś” | âś” |
Self-serve employee portal | No, can only view payslips | View payslips, request leave, view rotas, clock in and out, submit expense claims |
Self-serve employee mobile app | No, can only view payslips | âś” |
Time tracking | âś” | |
Automatically update at the start of the new tax year, tax tables and tax codes | âś” | âś” |
Automatic payroll runs | âś” | âś” |
Report your Construction Industry Scheme (CIS) Suffered | Â Manual | Manual |
View RTI summary and filings | Â âś” | Â âś” |
Reports | Â âś” | âś” |
Import information from previous payroll software for quick and easy setup | Â âś” | |
Pay Statutory Sick Pay without any waiting days and track furloughed employees | âś” | |
Customised journal mapping | Â Automatic/No data entry and can be categorised by class and location |