Can FreshBooks do Payroll?
FreshBooks doesn’t have Payroll built into its software but it could be integrated with some incredible great tools that would help you manage your team and all the paperwork that comes with it.
Since Freshbooks does not currently handle payroll, one good integration is with Gusto. It’s a leading payroll software that integrates pretty well with Freshbooks.
How FreshBooks could integrate with Gusto?
Gusto is a simple and modern payroll solution designed for small business owners. It functions for an easy run payroll in minutes, while it takes care of calculating, filing, and paying your payroll taxes.
The integration with FreshBooks would automatically sync all your payroll expenses to your FreshBooks account so you would always know your business’ finances.
What another platform can you integrate with FreshBooks for payroll?
Another compatible payroll system good for integration with FreshBooks is Payment Evolution.
Payment Evolution is widely used in Canada. It will allow you to easily import time from FreshBooks and run payroll from anywhere. You can even sync these payroll expenses back to FreshBooks.
PaymentEvolution is Canada's largest and most loved cloud payroll and payments service.
Accountants, bookkeepers, and financial institutions in Canada rely on it because of their payroll expertise and payroll services for their clients.
By connecting Payment Evolution Payroll and FreshBooks you'll be able to effectively pay your staff for the hours they work, better keep track of payroll payments, remittances, and other employee benefit obligations.
It’s bringing innovation and simplicity back into the Canadian payroll needs and this new automated ways to pay your employees to this open developer program. It would make it easier for you to process your payroll and give your employees a great experience with their accurate and fast payslips.
And lastly, you can use the Expenses function in FreshBooks as a way to import it to your chosen payroll processor like Gusto or Payment Evolution.
These are the steps your employee needs to do step-by-step.
- Your employees record their own time
- Then they enter their time in FreshBooks using simple mobile apps.
- These are seamlessly imported into Gusto or Payment Evolution payroll for processing
- It would then accurately pay your staff. They'll even get secure online access to their pay history
With the integration you could:
- Timekeeping in FreshBooks
- Easily import time and run payroll from anywhere
- Time entries from FreshBooks are automatically synchronized
- Calculate your employee payroll in just a few seconds
- Maintain proper records and tax information
- Payroll expenses are now posted to FreshBooks
- Payroll expenses are beautifully synchronized
- Track your payroll costs
Your employees just need to enter their hours in FreshBooks and now you can pay them accurately. They would love their online payslips.
If your area is not supported by Gusto or PaymentEvolution we recommend tracking your payroll costs within the Expenses section of FreshBooks.
FreshBooks does not offer payroll but does integrate with Gusto and PaymentEvolution for businesses in need of payroll services.
It still comes in very handy and convenient to use Freshbooks for almost all your Accounting needs.
Anything seems possible with FreshBooks!
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