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FreshBooks Offers Payroll

Accounting software vendor Freshbooks is offering payroll through an alliance with Gusto.

Designed for businesses in the United States FreshBooks Payroll, an add-on product, automatically records all payroll transactions in FreshBooks. add on with additional usage fees. 

The Payroll Add-on for W-2 employees is billed monthly or yearly with a FreshBooks subscription. A separate usage bill is billed separately on the second of each calendar month and lists usage charges for the prior month. 

The system currently supports four-day ACH with all pay runs needing to be processed four days prior to the payout date. For two-day ACH direct deposit, businesses can use the Gusto app instead. 

The method is also available for contractor payments, employee benefits and Worker's Compensation contributions, paid time off, and withholding state taxes in states the business is not registered in.

 

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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