Understanding Online Banking Part (2)
For business checks and computer checks, you can easily pay a dime per form. Using online bill payment can actually save you money. One specialized form of online bill payment is online payroll. With online payroll services like that provided through the QuickBooks online payroll service, the online payment service uses payroll information to make electronic funds deposits, automatically make payroll deposits, and file quarterly and annual federal and state payroll tax returns.
We have used QuickBooks online payroll service and found the service to be more unwieldy than a payroll service bureau like ADP or PayChex (perhaps because there’s not an expert you can ask for help whenever you need it) but more flexible (since you can do payroll whenever you want) and less expensive.
Note:
Online payroll services appear to run about half the cost of equivalent outside payroll service bureaus like ADP or PayChex. However, do recognize that with an online payroll service you will probably prepare and print the payroll checks, which mean you, will go to slightly more work if you choose the online payroll option.
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