Paying yourself correctly is a complex process, with many rules to follow.
QuickBooks Payroll is HMRC-recognised software that makes doing pay runs quick and easy. It gives entrepreneurs like you peace of mind so that you can focus on growing your business, without worrying about back-office admin.
Does this sound familiar?
The stress of getting it right
Even when you're just paying yourself, every payment has to be correct to the penny or you could find yourself facing penalties from HMRC
Complicated deductions
Paying yourself isn't as simple as transferring money into your personal bank account. It means calculating the correct amount of tax, pension contributions, and other payroll deductions.
More systems, more confusion
Keeping payroll info in different places - like spreadsheets, HR apps, and post-it notes - could lead to confusion and costly errors, especially when your payroll info is not linked to your accounts.
Payroll: how QuickBooks can help
See how an entrepreneur like you could benefit from QuickBooks Payroll with our before and after snapshots. Our HMRC-recognised software gives you peace of mind, so you can focus on what you do best.
BEFORE
Stuck at your desk
Having to be at your desk when it’s time to run payroll can feel like a tie. It isn’t an efficient use of time and the need for multiple systems can lead to mistakes.
AFTER
Run payroll anywhere, anytime
Our secure, cloud-based software helps you to be compliant and confidently pay yourself from any location, in just a few clicks. QuickBooks Payroll syncs seamlessly with your accounts, so your data is always up to date.1
BEFORE
Payslips are a pain
Creating payslips with all the correct information is difficult. And hunting for previous payslips can be time-consuming.
AFTER
Payslips are a breeze
Email or print your payslip in just a few clicks. You can also go to a self-serve portal to download past and current payslips whenever you need to.2
BEFORE
You're in the dark
Running your payroll off a spreadsheet or manual ledger means that you can't see how it impacts your cash flow. And your online banking app might not give you a clear picture of your finances over the long term.
AFTER
You're in the know
QuickBooks mirrors your bank account. This means that you can see money going in and out at a glance. Quickly see your net pay and deductions, and employee tax and national insurance costs. Budgeting is instantly quicker and easier when you have a clear view of your finances after payday.3
BEFORE
Payday sneaks up on you
Payroll comes around again quickly, often when you haven't got time for back-office admin. But you know you can't rush it and risk making mistakes.
AFTER
Payday is just another day
With QuickBooks Advanced Payroll, you can run payroll for salaried employees automatically. And you’ll be notified by email if you need to take any action. Payroll – done and dusted in a few clicks.4
BEFORE
Just getting by with spreadsheets
Maybe you’re using spreadsheets and ledgers because it takes time to learn to use new software. But doing payroll manually is time-consuming and may lead to mistakes.
AFTER
Get set up, fast
QuickBooks Payroll guides you smoothly through set-up. Our award-winning support team is also on hand to help via web chat or phone, or you can check out our how-to blogs and videos.
BEFORE
You're worried about complying with the law
Paying yourself correctly can be difficult sometimes. And if you get it wrong, you could face HMRC penalties. Or it could lead to inconsistencies in your self-assessment at the end of the year.
AFTER
Compliance made easy
With QuickBooks Payroll, your tax code is automatically updated. We're HMRC-recognised and submitting a pay run is quick and easy. Relax knowing we’re up to date with all of HMRC’s changes to help you be compliant.
BEFORE
Pension...one more thing to worry about
You need to plan for retirement. But calculating contributions and submitting details to your pension provider is time-consuming. How will you know you’ve got it right?
AFTER
Let us take care of pension auto-enrolment
Think of QuickBooks Payroll as the world’s fastest administrative assistant. QuickBooks Payroll can assess and then automatically enrol you onto a pension scheme, saving you time. We’ll also calculate your contributions and can automatically submit details to Nest, Smart Pension, The People’s Pension, NOW and Aviva.4
BEFORE
Quibbling about hours worked
If your people are paid hourly, calculating the correct amount can cause friction. Going over timesheets and rotas takes forever. And if you have to query something, it can take up even more time you could have spent elsewhere.
AFTER
Pay what is owed, no more-no less
With QuickBooks Advanced Payroll, you can easily manage employees' timesheets, rotas, leave, and expenses, all in one place. Feel assured that your employees are paid correctly. It's why four out of five people feel more confident running their payroll with QuickBooks Payroll.6
[1] Based on an August 2020 survey of QuickBooks active subscribers, 82% of respondents who state they use QB for payroll and that they previously used spreadsheets agree or strongly agree they feel more confident running their payroll with QuickBooks. [2] Based on an August 2020 survey of QuickBooks active subscribers, 87% of respondents who state they use QB for payroll and that they previously used spreadsheets agree or strongly agree QuickBooks helps them save time by managing payroll and finances together. [3] Based on an August 2020 survey of QuickBooks active subscribers, 87% of respondents who state they use QB for payroll and that they previously used spreadsheets agree or strongly agree QuickBooks helps them save time by managing payroll and finances together. [4] Based on an August 2020 survey of QuickBooks active subscribers, who state they use QB for payroll and estimate they run their payroll with QuickBooks Payroll in an average of 13 minutes. [5] Some pension schemes accessed by QuickBooks Advanced Payroll only and auto-enrollment for pensions only applies when purchasing QuickBooks Advanced. [6] Based on an August 2020 survey of QuickBooks active subscribers, 82% of respondents who state they use QB for payroll and that they previously used spreadsheets agree or strongly agree they feel more confident running their payroll with QuickBooks.
