What it means for you and your business
Intuit Online Payroll will be saying goodbye in June of 2022. But fear not! If you have not already migrated over to QuickBooks Online Payroll, Intuit has opened a transition period through May. The transition access includes a portal to help move your data from Intuit® Online Payroll (IOP) and Intuit Full-Service Payroll subscriptions to a standalone QuickBooks Online Payroll service.
If you have not transitioned by June 2022, Intuit will make the transition for you. This means that they will transition all Intuit® Online Payroll and Intuit Full Service Payroll subscriptions to a standalone QuickBooks Online Payroll service. Intuit has indicated that while the interface you use will change to the QuickBooks Online Payroll interface, all your payroll data will stay safe where it is, including all of your reports, notes, and alerts.
Payroll or Intuit Full-Service Payroll to QuickBooks Online Payroll Core. Once migrated, you still will be able to change the type of subscription level. QuickBooks Payroll Core is a full-service product with the option for e-pay and e-filing payroll tax liabilities.
All your payroll data stays intact, including reports, notes and alerts. That means no interruption to your or your clients’ business. The only difference is that you will be running payroll from QuickBooks Online Payroll.
Meet the New Lineup
You can choose from a few different QBO Payroll subscriptions:Payroll Enhanced. Knowing and understanding the differences between these subscriptions is important for your business’ success.
So, what’s included? All the Payroll plans include:
HR support
Access helpful resources or talk to an HR advisor. Stay compliant with help from Mineral, Inc.**
Workers’ comp
Save money and get coverage for on-the-job injuries. Find the right policy for you with AP Intego.**
Health benefits
Offer affordable medical, dental, and vision insurance packages by SimplyInsured.**
401(k) plans
Access affordable retirement plans by Guideline that sync with QuickBooks Payroll.**
QuickBooks Online Payroll Premium
Suppose your company has multiple state taxes, a more significant number of employees, and healthcare plans. In that case, it is best to go with the QuickBooks Online Payroll Premium subscription as it includes additional features such as workers’ comp, state new-hiring reporting and access to the HR support center.
Getting Started with QBO Payroll
Here are the steps to get started with the QuickBooks Online Payroll:
4 HOW TO SET UP DIRECT DEPOSIT
5 HOW TO SET UP WITH PAY HISTORY
6 HOW TO ADD PREVIOUS TAX PAYMENTS