2.2.0 Safe to install
Square Payroll: Simplifying Employee Payments
Square Payroll offers an intuitive solution for businesses to manage employee payments and tax obligations with ease, but may lack certain advanced features for larger operations.
Square Payroll offers affordable full-service payroll solutions, allowing businesses to easily pay W2 employees and 1099 contractors with just a few taps. The app provides convenient features such as importing timecards or manually entering team hours, while the Square payroll specialists handle the rest of the process, including paying the team, filing payroll taxes, and sending tax payments to federal and state agencies.
Setting up an account within the Square Payroll app takes just a few minutes. Whether it's your first time processing payroll or you're switching from another provider, Square Payroll aims to simplify the task and make it hassle-free.
Key features of Square Payroll include:
- Payment options for hourly and salaried workers through direct deposit, check, Cash App, or Cash Cards. The subscription includes unlimited payruns each month.
- Relief from tax compliance worries as Square handles all payroll tax filings, payments, and provides necessary reports such as W2s and 1099s.
- Time-saving capabilities by importing timecard hours and tips from Square Point of Sale app or other leading timecard apps.
- Tracking of sick leave, paid time off, and overtime.
- Management of pre- and post-tax deductions.
- Easy setup for team members to create their own online accounts.
- Automatic Payroll feature for a streamlined payroll process.
- Access to affordable benefits plans for employers and employees, including health insurance, 401(k) retirement plans, workers compensation, and pre-tax spending options.
Square Payroll pricing starts at just $40 per month, offering fair and flexible rates based on the number of employees you pay. Additionally, there is no monthly subscription fee for paying 1099 contractors; it's simply $5 per contractor per month.
Square Payroll is available in all 50 states and Washington, D.C. Learn more at squareup.com/payroll.
Overview
Square Payroll is a Freeware software in the category Business developed by Square, Inc..
The latest version of Square Payroll is 2.2.0, released on 09/24/2023. It was initially added to our database on 09/24/2023.
Square Payroll runs on the following operating systems: iOS.
Users of Square Payroll gave it a rating of 5 out of 5 stars.
Pros
- User-friendly interface, making it easy for small businesses to navigate and use the software.
- Integrated with Square's other services, allowing seamless payroll processing alongside payment processing and sales reports.
- Flexible payment options for employees, including direct deposit or paid cards.
- Automatic tax calculations and filings, reducing the risk of mistakes and ensuring compliance with tax regulations.
- Affordable pricing structure tailored for small businesses with simple payroll needs.
- Excellent customer support with accessible resources and guides for onboarding and troubleshooting.
Cons
- Limited functionality for more complex payroll needs, which may not suffice for larger businesses or those with advanced payroll requirements.
- No support for certain types of employee compensation, such as commissions or bonuses in more complicated formats without additional setup.
- Some users report issues with integration between Square Payroll and other accounting systems beyond Square’s ecosystem.
- Payroll processing can be delayed if all employee details are not accurately entered or if there is a high volume of transactions during peak periods.
- Limited customization options for payroll reports, which may not fully meet specific business needs.
FAQ
What is Square Payroll?
Square Payroll is a cloud-based payroll management system provided by Square, Inc. that allows businesses to manage employee payments, including salaries, taxes, and benefits.
Who can use Square Payroll?
Square Payroll is designed for small to medium-sized businesses, service providers, and contractors in various industries.
Does Square Payroll handle tax filings?
Yes, Square Payroll automatically calculates, withholds, and files federal and state payroll taxes on behalf of your business.
Is there a mobile app for Square Payroll?
Yes, Square Payroll offers a mobile app that allows you to manage payroll on the go, view employee information, and access payroll reports.
What are the fees associated with Square Payroll?
Square Payroll has a monthly subscription fee based on the number of employees or contractors you pay, plus additional fees for processing direct deposits.
Can I pay both W-2 employees and 1099 contractors with Square Payroll?
Yes, Square Payroll allows you to manage payments for both W-2 employees and 1099 contractors from a single platform.
Is customer support available for Square Payroll users?
Yes, Square provides customer support via phone, email, and chat for users of Square Payroll.
Can I integrate Square Payroll with other Square products?
Yes, Square Payroll can be integrated with other Square products, such as Square Point of Sale and Square Invoices.
How do I switch my payroll to Square Payroll?
To switch to Square Payroll, you can sign up online and follow the prompts to set up your account and import employee information.
Is there a free trial available for Square Payroll?
Square does not offer a traditional free trial for its payroll services but may provide promotional offers or free months for new customers.
David Fischer
I am a technology writer for UpdateStar, covering software, security, and privacy as well as research and innovation in information security. I worked as an editor for German computer magazines for more than a decade before joining the UpdateStar team. With over a decade of editorial experience in the tech industry, I bring a wealth of knowledge and expertise to my current role at UpdateStar. At UpdateStar, I focus on the critical areas of software, security, and privacy, ensuring our readers stay informed about the latest developments and best practices.
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