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TNT 1
Level 2

Direct deposit fees for desktop pro 2024 enhanced payroll accountants cost?

Direct deposit fees for desktop pro 2024 enhanced payroll accountants cost? Should be free with the doubled price of the enhanced Payroll, nothing so enhanced for the double in price.

3 Comments 3
GebelAlainaM
QuickBooks Team

Direct deposit fees for desktop pro 2024 enhanced payroll accountants cost?

Hello there, @TNT 1.

 

I comprehend the situation and how it may affect you with the changes in QuickBooks pricing. Allow me to lay down the benefits you'll receive for these upcoming changes.

 

The QuickBooks Enhanced Payroll for Accountants' annual and monthly prices are changing on Oct. 1, 2024. The 50% off with ProAdvisor Preferred Pricing when bundled with Accounting Software Bundle still applies. 

With regards to the deposit fee, it still applies with the amount of $5 per transactions when paying W2 employees.

 

We are increasing prices due to QuickBooks growing into a comprehensive, AI-enhanced platform that helps you and each of your clients succeed at every stage of their business journey. The program aims to continuously provide organized and streamlined workflows while working on your books.

 

Additionally, by integrating Intuit Assist (a new generative AI-powered financial assistant), QuickBooks will help businesses thrive by automating tasks and workflows, such as building action plans to help them meet business goals and answering their financial questions without delay.

 

Moreover, we've improved the Accountant version with new features like document management and accountant-specific views, making it easier to track client transactions and app usage.

 

Here are several new and improved payroll functionalities:

 

  • Deeper integration between QuickBooks Payroll and QuickBooks Time
  • Advanced payroll cost allocation
  • Bulk pay item management
  • An HR hub for employee record management
  • New benefits, including a healthcare partnership with Allstate Health Solutions (Services sold separately).

 

For further reference about the price increase, you can visit this article: Intuit QuickBooks delivers value improvements that drive small business growth.

 

Tag me in the comment section if you have concerns about the pricing changes in QuickBooks. I'm always happy to help.

TNT 1
Level 2

Direct deposit fees for desktop pro 2024 enhanced payroll accountants cost?

AI should make things cheaper as you will need fewer employees.  With this kind of impact you will loose all your small businesses as they cannot afford your ridiculous costs.  Only reason I am still on QB is my customers went together and paid the exuberant 1494.50 plus the 692 for the software.

 

That still doesn't explain why there is still a cost for direct deposit, which is free after the set up.

 

Also, I can not move to online as I am a small payroll company and have multiple FEIN numbers, so I am forced to stay with the desktop Pro version. [PII Removed]

 

[PII Removed]
TNT Payroll Plus
 
Deity Alpha
Level 6

Direct deposit fees for desktop pro 2024 enhanced payroll accountants cost?

You have QBD Pro Plus + Enhanced Payroll ($550/year + $6/employee/month + Direct Deposit fee/employee), correct? Your renewal fees are as follows

Pro Plus = starts from $999 for single user

Enhanced Payroll = $700/year + $7/employee/month + Direct Deposit fee/employee

 

You should consider upgrading your data to QBD Enterprise Gold and purchase the new license via a partner to get 20% perpetual discounts on renewals. Your total cost will be lower than renew Pro Plus/Premier Plus + Enhanced Payroll.

 

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