QuickBooks Payroll Cost
How much does it cost to purchase and implement QuickBooks Payroll?
What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?
Software price
QuickBooks Payroll offers three different pricing plans: Core, Premium, and Elite. The Core plan starts at $45 per month plus $4 per employee per month. The Premium plan starts at $75 per month plus $8 per employee per month. The Elite plan starts at $125 per month plus $10 per employee per month.
Plans compared
The Core plan includes features such as automatic payroll runs, tax calculations, and employee benefits. The Premium plan adds same-day direct deposit and HR support. The Elite plan includes on-demand HR experts and TSheets Elite.
Plans fit
The Core plan is best suited for small businesses with basic payroll needs. The Premium plan is ideal for growing businesses that require more HR support. The Elite plan is tailored for larger businesses that need advanced HR features and time tracking.
Other costs
Implementation costs for QuickBooks Payroll can vary depending on the complexity of the business. On average, small businesses may spend around $500 for implementation, while larger enterprises could spend up to $5000. Customization costs are optional and can range from $200 to $2000. Training costs also vary, with small businesses spending around $300 and larger enterprises spending up to $3000.
One-time fees
QuickBooks Payroll does not require any specific hardware or servers. There are no significant one-time fees associated with the software.
Alternatives compared
Compared to alternatives like Gusto, ADP Workforce Now, and Paychex Flex, QuickBooks Payroll is competitively priced, especially for small to medium-sized businesses. While some alternatives may offer more advanced features, QuickBooks Payroll provides a good balance of features and affordability.
Verdict
QuickBooks Payroll offers a solid range of features at competitive prices, making it a good choice for businesses of all sizes. With pricing starting at $45 per month, it provides good value for money compared to its competitors. I would give QuickBooks Payroll a pricing grade of 85 out of 100.
