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It’s not just about processing paychecks with Square Payroll; it’s an all-in-one solution for your business‘s payroll needs. Because I use it to handle scheduling and time-tracking, it has helped me save a significant amount of time and alleviate a lot of stress. Additionally, it handles tax withholding and filing, so you won’t have to worry about either during tax season.
In addition to this, it assists with the management of benefits for my staff, such as health insurance and savings for retirement. The fact that Square Payroll does not hide its prices is one of my favorite features of the service. There are no surprises or additional costs; I am aware of everything that I am being charged. They even provide a terrific plan for contractors, which is ideal for businesses who use both full-time employees and freelancers in varying capacities.
The fact that employees can be paid in a variety of ways is one of the most notable characteristics. The ability to receive a portion of their compensation in advance of the regularly scheduled payday is greatly appreciated by my crew. It is a wonderful benefit that contributes to a sense of financial security. If you are already utilizing other Square products, such as their point-of-sale system or the Square Card debit card, you will receive even more benefits from using the Square Card debit card. It offers a complete solution for commercial enterprises as a result of its smooth integration with the aforementioned goods.
Square Payroll Specifications
Small businesses looking for a payroll solution that is both straightforward and cost-effective may want to consider Square Payroll as an option. It provides access to a variety of features, such as automatic tax computations and payments, payroll reports, and direct deposits. Additionally, it is compatible with a variety of well-known accounting programs.
| Feature | Square Payroll |
|---|---|
| Employee types | W-2 employees and 1099 contractors |
| Pay schedules | Weekly, biweekly, semi-monthly, and monthly |
| Payment options | Direct deposit, debit card, and paper check |
| Tax filing | Federal, state, and local taxes |
| Payroll reports | Standard and custom reports |
| Time tracking | Basic time tracking with paid time off (PTO) accrual |
| Benefits administration | Health insurance, retirement plans, and other benefits |
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What is Square Payroll?
Square Payroll is an online payroll processing service that helps small and medium-sized businesses (SMBs) and large businesses handle the paychecks of both salaried and hourly workers. The program has many features, such as timesheets, tax calculators, and reporting for new employees.
All of Square Payroll’s workers can access a dashboard where they can change their personal information, bank account information, and how much tax is withheld. The administrator controls who can see and change this information so that only the workers can see and change their own information. The timecard tool helps you keep track of when employees clock in and out and figure out pay for overtime, bonuses, and commissions.
Square Payroll review: Ease of Use
It’s simple to get started with Square Payroll. You may make the process go more quickly by inviting employees to set up their details for themselves. You will also have access to useful how-to instructions and live support from the company. In addition, Square provides full-service payroll software that can handle all of your tax compliance and payroll needs.
There is no need to manually calculate hours and taxes, pay each employee individually, or keep up to speed with changes in rules. In addition, Square features an easy-to-navigate user interface as well as a mobile app that allows users to access the platform regardless of their location.
Square Payroll review: Customer Service and Support
In addition to the assistance you will receive from Square Payroll specialists while setting up your account, you can contact Square Payroll’s customer care representatives through live chat or email at any time Monday through Friday between the hours of 6 a.m. and 6 p.m. Pacific time. You can get extra assistance from other users of Square Payroll by visiting the Payroll help center, which is another feature offered by Square Payroll.
You will also have access to a searchable knowledge base and a categorized business resource center, which will provide you with access to articles, frequently asked questions, and instructional videos on how to use the software.
Square Payroll review: Onboarding
Square Payroll makes it possible to have a seamless onboarding process. After you have provided information about the size of your business, its location, and your contact information, Square will direct you to provide information about your employees and taxes, and then it will ask you to link your bank account.
You may quickly establish profiles for new workers using Square, complete with their names, email addresses, job titles, hire dates, and specifics on their compensation. To finish the onboarding process, you can choose to either enter them manually or let Square email them to them instead. After that, every worker will be able to independently submit their own banking information, W-4 information, and other facts, such as their addresses and anniversary dates.
Square Payroll review: Accessibility
The payroll and employee administration functions of Square Payroll can be accessed from mobile and desktop devices respectively. You can access the capabilities of your payroll through either app-based interfaces on your mobile devices or browser-based interfaces on your desktops.
Since Square Payroll can be downloaded for free on iOS and Android devices, you can see your payroll data on your iPads and iPhones, including older models like the iPhone 6. You may utilize Square Payroll on Android devices, such as those made by Samsung, Sony, Nokia, and Motorola, among others.
Final Words
Paycom takes it to the next level with its complete reporting tools, whereas Square Payroll offers a basic reporting system, as far as my own experience goes, anyway. You have the opportunity to generate a broad variety of detailed reports with Paycom.
These reports can include approved expenses, wage and tax information, garnishments, labor allocation, workers’ compensation data, and even employee attrition statistics split down by department. It is important to note that while Square Payroll publishes clear pricing information on their website, Paycom does not make their pricing information publicly available.
Square Payroll review: The Good and Bad
Square Payroll does most of what you need it to do to pay your employees, and it works well with other Square apps. However, it is not as deep or flexible as some of its competitors. Because it works with both Team App and Square Point of Sale, it’s best for people who work by the hour.
The Good
- Competent payroll processing for Square sellers
- Contractor-only option
- Good integration with Square’s POS app
- Good mobile apps
The Bad
- High price
- Few earnings types
- Uninspired user experience
Questions and Answers
The Opinion of Our Experts. Whether you need to pay regular employees or seasonal contractors, Square Payroll is an economical alternative for organizations searching for a payroll software solution. On the other hand, it only offers a few options for customization, and it does not have any of the extensive features that other payroll providers, such as ADP RUN and OnPay, offer.
How much does it cost to use Square Payroll? The cost of payroll for Square’s employees and contractors is $35 per month, plus an additional $6 for each employee or contractor paid during that month. All of the Square Payroll features are included at this pricing. The base subscription charge for Square’s Contractor Only Payroll is waived, and the service costs just $6 per month for each paid contractor.