BooksTime Review With Competitor Comparisons And Pricing
The sentiment map shows a snapshot of how Crozdesk users have rated BooksTime over time. It shows how existing users see BooksTime with regards to its usefulness, ease of use, value for money and customer service. BooksTime automates the filing of payroll taxes, keeps your data synced across different platforms and provides compliance and accuracy. This lessens the amount of stress and manual effort you would normally endure during payday. Instead, you can let BooksTime do the work for you but at a quicker and more accurate pace, giving you more time to focus on other administrative tasks. “BooksTime is a comprehensive payroll, benefits administration, and compliance management solution.” With BooksTime, you can automatically track, review and approve your team’s working hours.
You can also store all employee-related documents in one place, such as employee handbooks, confidentiality agreements, tax withholding forms, company policies, and direct deposit authorization. From here, you can send out documents with just a click and request electronic signatures from your new recruits. The BooksTime time tracking tool automatically adds hours completed . Or, if you already use a time tracking service, you can sync that with BooksTime’s payroll feature.
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And BooksTime payroll syncs perfectly with BooksTime’s billing feature so you can easily balance accounts and track employee pay. BooksTime recently added a $19/month plan geared towards small-business owners with one or two employees. The plan is currently live, but it’s still being beta tested.
Is BooksTime owned by Google?
The round was led by Google Capital. In December 2015, BooksTime raised $50 million in an opportunistic round that valued the company at $1 billion. In July 2018, BooksTime completed a $140M Series B funding.
time tools you could ever need, which are all combined with its payroll services. When you utilize BooksTime’s services, your entire team’s hours, holidays, and time off are all automatically calculated into payroll. There’s no stress, no extra steps, no packets of paperwork. BooksTime has a partnership with Guideline in order to offer 401 plans that are full-service and have the ability to be integrated with payroll, no matter which state you live in. You pay a flat fee for the service, your employees pay fund expenses, and there are no hidden costs or management fees for anyone involved.
It had the second-highest number of features among all the software we reviewed, beat only by Zenefits. In this case, if you enrolled every employee and went with the basic plan, your monthly cost would be $159 for BooksTime Core and $125 for BooksTime Payroll Core. If you opted for either of the middle-tier plans, you’d pay $279 per month for BooksTime Complete and $230 per month for BooksTime Payroll Premium. If you choose the highest-tier plans, you’ll pay $389 per month for BooksTime Concierge and $325 per month for BooksTime Payroll Elite. Run payroll with automatically calculated paychecks adjusted for taxes, garnishments, deductions, etc. Receive the option to set up auto payroll for salaried employees on direct deposit.
Payroll
Dependent FSA. Dependent Care Flexible Spending Accounts give your employees the opportunity to receive tax savings when they need to provide covering care for anyone who is one of their dependents. Employees can be organized into their separate departments or specific teams, so there’s easy reporting and management. Your employees can easily sign up online and provide all the information required for their paychecks to be delivered directly to their bank accounts. BooksTime easily integrates with accounting services such as BooksTime, BooksTime, and BooksTime. Through BooksTime, you can easily pay contractors, and BooksTime automatically files and sends your required 1099 paperwork.
This is available for anyone on the higher paid plans (we’ll cover this further down in this BooksTime review). In plain English, this just means help with setting employees up with the software they need to do their jobs justice, including GSuite, Slack, Zoom, and Microsoft 365. For instance, you can customize job offer letters to reflect your company’s style using one of BooksTime’s handy templates. Fast forward to today, and BooksTime boasts more than 100,000 small businesses on its books and has processed tens of billions of payroll dollars.
Where is BooksTime payroll located?
BooksTime is a modern, online people platform that helps small businesses take care of their teams. On top of full-service payroll, BooksTime offers health insurance, 401(k)s, expert HR, and team management tools. Today, BooksTime offices in Denver, San Francisco, and New York serve more than 100,000 businesses.
Please note, if you want some bigger-picture payroll training and want to make sure everything is set up exactly right, I offer a Payroll Training & Setup Package, and would be happy to help you! With plans starting at $15 a month, BooksTime is well-suited for freelancers, solopreneurs, and small-business retained earnings owners alike. Users also tend to praise BooksTime’s customer service even though they’re available only on weekdays from 7 a.m. And again, in the age-old comparison of BooksTime vs. BooksTime BooksTime, BooksTime has substantially lower ratings even though they have longer service hours.
BooksTime is a modern, online people platform that helps small businesses take care of their teams. Our products and services help you onboard, pay, insure, and engage your team in one integrated, easy-to-use platform loved by over 100,000 modern employers. https://bookstime.solutions/ BooksTime makes taking care of your team a joyful experience, while helping you manage your bottom line and stay compliant. You’ll feel like a pro no matter how complicated the situation. To create a workplace where everyone thrives, work with BooksTime.
Thank you for providing information about your account — we’ve escalated this to our support team and they will be looking into your two open support cases ASAP. Dragan, we’re sorry to hear about the experience you’ve had as a Concierge customer! We’re taking your issue seriously, and we’ve flagged this to our Concierge support team so they can make sure to get you the support and resolution you need ASAP. Please send an email to about this and we’ll escalate it to the appropriate team to assist you. I have used their support by chat, or phone, they provided conflicting information. One agent would say one thing and the next agent would say something completely different. if you have any urgent issue, you will not get it resolved.
Can I Pay Contract Employees In BooksTime?
BooksTime’s software can adjust your employees’ wages to account for tips so your business meets the FLSA tip credit minimum wage requirement. BooksTime will also send you an end-of-year report if you qualify for the FICA tip credit, a restaurant-specific tax incentive. Still, $19 a month is quite literally the cheapest full-service payroll plan out there. If you’re looking to save some money on payroll (especially during the COVID crisis, which has hit small-business owners hard), we say to give BooksTime Basic a go. Many—though not all—payroll software solutions let you make unlimited payroll runs, which means you can process payroll as frequently as you need to instead of being limited to just one or two runs a month. But BooksTime also lets you run unlimited off-cycle or bonus payrolls. Basically, that means if an employee earns a bonus and you want to pay it out before the next pay period, you can, with no financial penalties.
- Not only that, but employees also have the option of setting financial goals, change their employee contribution amounts anytime, and access instant cash for emergencies.
- The dashboard makes it easy to see your pay, benefits, and profile.
- Now, though, software and a strong digital infrastructure are imperative for success, especially for businesses adapting to a distributed workforce.
- Finally, BooksTime is dramatically more aesthetically pleasing and user friendly.
- Additionally, any forms related to federal and state taxes are made available in the solution, making it easier to use for future purposes.
OnPay simplifies payroll, automates tax filings and payments, syncs with BooksTime and BooksTime, and can https://bookstime.solutions/ even handle benefits. Each time we called, we spoke with a friendly and helpful representative.
Users can benefit from the most basic features offered by BooksTime. This includes a full-service payroll, employee profiles, a health benefits administration and best-in-class support. BooksTime is an easy-to-navigate cloud-based human resource management software solution. It’s catered for companies looking for a professional system to track and manage their employees.
There is no monthly base fee for this plan; you pay $6 per contractor per month. The plan includes unlimited contractor payments, contractor self-service options, and 1099 forms and filings. Even though the Complete plan’s base price is $39 (the same as the Core plan’s), the fee per employee doubles to $12 per person. For that extra money, you get features like employee onboarding, time tracking , and an employee directory. You can send offer letters, grant more administration privileges to managers, create employee surveys, and automatically sync PTO requests and holiday pay to payroll. However, BooksTime Basic is still in beta-testing mode, so be prepared to encounter some glitches and bugs. If you’re not willing to risk a botched payroll run, we recommend skipping this plan until it’s more established.
BooksTime’s features and usability make it a good choice for small businesses, because of its payroll management features, exceptional user experience, and company support. It excels in every element of payroll, and takes a very friendly, understandable approach to a rather unfriendly process, once again earning it a PC Mag Editors’ Choice. Our other top pick is OnPay, whose strong blend of payroll and HR tools, combined with a beautiful, understandable user experience, make it a versatile solution for larger outfits and verticals. Besides a regular payroll, you can initiate a bonus, off-cycle, dismissal, or missing payroll run.
With this software, you can run payroll in a few simple steps. For employer taxes, you’ll choose the account that you want to allocate your Employer Tax expenses to show in BooksTime Online as . For reimbursements, you’ll choose the account that you adjusting entries want to allocate your employee reimbursements to show in BooksTime Online as . I honestly believe that BooksTime is the #1 payroll option for solopreneurs and small businesses. BooksTime Payroll will help you switch from another payroll provider for FREE .
With its full-service payroll features, you can expect several processes to be automated and tracked. This solution automatically adjusting entries files payroll taxes, ensures best-in-class customer service and provides benefits and time-tracking tools.
You can see what the software looks like and browse every aspect of it. You can try adding employees in and other important functions. The website also includes a help center and answers to frequently asked questions. This includes full- and part-time W-2 employees as well as freelancers, consultants, and other 1099 contractors.
all the benefits for your employees, including 401 and health care. It helps you find benefits bliss, by making technology better and easier for both you and your employees to navigate so benefits can be applied and maintained. You can breathe easy; BooksTime also makes compliance much easier and has brokers who are fully-licensed that can help you choose the best benefits for your company and make confident decisions. Your employees can access the history of their W-2s and paystubs through their online BooksTime account, even long after they’ve left your company. You can easily administer benefits such as 401 and medical insurance through BooksTime. Your employees will find easy and streamlined service as well with BooksTime. Everything can be self-served; your employees will receive lifetime accounts, so they can continually access their W-2s and pay history for as long as they work with you.
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