Payroll software for small business Free trial Wave Payroll

Wave Payroll

Employees and contract workers can set up their profiles and taxes themselves in an employee portal, and they’ll get paid three days after you process payroll if they choose direct deposit. Users who left Wave Payroll reviews online raved about its intuitive interface and ease of use. They also appreciate its affordable plans and seamless integration with Wave Accounting.

Wave Payroll

If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. Employees can use self-service accounts to view pay stubs, updated information and access tax forms. This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. You don’t have to wait for a new quarter or year to start using payroll software—you can start running payroll at any time! And if you’re switching providers, you can make the transition easily by importing all the necessary forms and information in just a few minutes. Check out our handy support article to learn how you can switch to using Wave’s payroll feature.

Wave Payroll Software

However, some of Wave Payroll’s online tools, while simple, take more steps or clicks than with other payroll software. While it has an online help center, not all of the articles contain step-by-step details. The system is quick to set up, and if you have trouble using it, you can check its how-to guides or consult the 24/7 chatbot. For live support, you can chat and send an email to its customer representatives on Mondays through Fridays from 9 a.m. What prevented Wave Payroll from getting a higher score is its lack of integration support to common HR software that small businesses are using. It will be your responsibility to ensure that taxes after the month you cancel are submitted and filed to the applicable agencies. Kylie McQuarrie has been writing for and about small businesses since 2014.

  • Wave Payroll offers a 30-day free trial for you to check whether it suits your business.
  • If your business operates in any of the other 36 states, you will be responsible for calculating taxable wages and filing your own state and federal tax reports and remittances.
  • Wave Payroll is a cloud-based solution designed to provide simplified payroll management solutions.
  • When he’s not writing, he’s probably on horseback, caring for his houseplants, or training Bonsai trees.

You have to separately track PTO and input the number of approved leave hours into its online time sheets for pay processing. Discover more options on our best payroll services guide for small businesses.

Wave Payroll HR Features

You can check your pay schedules directly in its system and get email notifications about upcoming pay runs. You can even export payroll dates into a calendar app—simply download your Wave pay schedules as an ICS file and then upload it to calendar programs like the Apple Calendar and Google Calendar. This helps you get extra reminders, plus you can easily see payroll timelines without having to log in to Wave Payroll. It also supports paid COVID-19 sick leave and COVID-19 family and medical leave, allowing you to claim tax credits for these transactions.

Who uses Payroll by Wave?

The most common users of Payroll by Wave are from Small Businesses (1-50 employees) and the Retail industry.

We use a rigorous software review process to create our unbiased, in-depth research. Our analysts have reviewed over 300 software products in 30 categories.

Wave Customer Support

Their site is noticeable slow compared to many others, and for just about everything. Pay a base fee of $35 per month and an additional $6 per month for every employee or independent contractor. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

  • Wave Payroll is meant for small businesses and startups that have a fluctuating roster of employees and contractors.
  • Wave Payroll’s security measures are on par with those of banking institutions.
  • It also competes with Xero and QuickBooks, though it’s less nuanced than those tools.
  • Other functionalities include income and expense tracking, accounting, monthly receipt uploads, regular reminders, consolidated dashboards and transaction updates.
  • Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services.
  • Great for when things were super, super simple, but at 11 employees, I’m ready to ditch for something that can really help us when we really need it to just work.

If you already love using Wave’s free accounting software and don’t mind a simple payroll system without a ton of robust features, Wave’s payroll software could be a solid, inexpensive fit. Wave Payroll is a payroll solution designed for small businesses looking for essential payroll features, including direct deposit, tax support, deductions, employee paystub access, and more.

Payroll Schedule Reminders

Stay updated on the latest products and services anytime anywhere. It provides complete solutions to manage business finances and is specifically suited for small businesses. The bot is generally useless and we have to eventually email for support. Off-boarding a dismissed employee makes it look as if they have not thought through the process. Beneath this all the time is the constant annoyance with how long every operation takes.

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