Nonprofits Organization Payroll in QuickBooks
Out of all the types of industries, nonprofit organizations are probably one of the most struggling businesses where payroll function is concerned. It is not uncommon for many nonprofit industries to put on more focus and backup towards their core missions than on payroll and other Human Resource related functions.
This in turn makes them inadequate to handle all the HR-related needs proficiently which results in lesser funding for dedicated HR staff and consequently leads to disgruntled employees. If you need any help connect with the QuickBooks Payroll Customer Service team.
How to Track Donations & Expenses in QuickBooks Nonprofit Payroll
Payroll processing is one of the most common activities prevalent in all types of industries including nonprofit businesses. Considering its complexities, irrespective of the size of the business and its nature of services, most organizations put in focus on the cost effectiveness and user-friendly dashboard of the software used for handling the payroll services.
Another point of concern is its seamless unification with other software handling connected activities like the of finances and HR processes of the business. Last but certainly not the least, is the experience of the employees in handling such software, for example considerably aged and young (fresh out of college) employees will have a hard time getting used to high-end professional payroll software.
Types of NonProfit Companies Payroll Done by QuickBooks
- Charity Organization
- Animal Protection
- Environmental Protection Organization
- Social Welfare Organization
- Agricultural or Horticultural Organization
- Labor Organization
- Business League (Trade Association)
- Social Clubs
- Fraternal Societies
- Employee Benefit Associations or Funds
- Veterans’ Organizations
- Political Organizations
Managing Church Payroll With Intuit QB Software
As denoted above, payroll is considered to be one of the most basic and justified activities for even nonprofit organizations whose success highly depends on selecting that perfect combination of payroll software that can work in tandem with other software employed by the business. At times it becomes imperative for the business to go for software that offers much more than just the basic features under payroll management.
Keeping this need for Nonprofit business’ payroll, Intuit came out with QuickBooks Payroll which is a cost-effective solution perfect in all senses of business’ finances as it can easily get integrated with one of the best accounting software – QuickBooks Accounting Software, which is already being employed by many non-profit organizations for handling their accounting tasks.
The software offers cloud-based services which reduce many hassles like downloading & installing the software; followed by regular updates and upgrades that are being tackled by the vendor of the QuickBooks Payroll software.
The software helps to perform many tasks like:
- Full Processing of Payroll with the timely transfer of salary and incentives.
- Tracking of employee’s demographic details along with bonuses and benefits.
- Keeping an eye on compensation due to the employee and also caters to employers as an information repository of employees.
Different packages are catered at different prices with the most basic edition being priced at $20 / month (+$2 /employee) to the full-service edition being priced at $79 / month (+$2 /employee).
Given the need and size of the business, one feasible option for nonprofit businesses is to outsource their payroll needs. If the number of employees is limited to certain digits, outsourcing payroll tasks makes much more sense than hiring a full-time bookkeeper and proficient HR staff who can adequately handle the QuickBooks software along with garnering additional expense of providing on-the-job training to handling the software.
However, many nonprofit organizations were quite happy with the ease and proficiency showed by QuickBooks Payroll despite being outfitted with top-notch tools and features.
Get Help for Non-Profit Payroll Accounting By QuickBooks
Payroll processing and management software released by Intuit has streamlined the payroll activities of the nonprofit businesses ensuring the saved resources in terms of human and monetary is used up in other business growth areas. The software is adept to handle even the most complex processes like generating time sheets and other needed reports within a few clicks.