Simplify payroll with Gusto: Streamlined payroll processing, HR tools, and tax compliance
Known as one of the best payroll software for bookkeeping and accounting in the industry, Gusto is designed to simplify payroll management, automate tax filings, and enhance compliance for businesses of all sizes.
Its comprehensive suite of tools makes it an ideal choice for small businesses and startups looking to streamline payroll processes, reduce administrative overhead, and maintain accurate financial records—all of which are essential for efficient bookkeeping.
Why bookkeepers and accountants prefer Gusto for payroll and HR management:
1. Streamlined payroll processing
Gusto automates payroll management—from calculating wages and withholding taxes to direct deposits and payroll reporting. For bookkeepers, this means fewer manual processes, reduced errors, and more accurate payroll records. The automation provided by Gusto ensures that payroll data is always up-to-date, which simplifies the reconciliation process and helps maintain accurate books.
2. Automated tax filings
One of Gusto’s key benefits is its ability to automatically calculate, file, and pay payroll taxes at the federal, state, and local levels. For bookkeepers and accountants, this feature is invaluable in ensuring compliance with tax laws without the risk of errors or missed deadlines. With Gusto, bookkeepers can rely on automated, timely tax filings, which makes managing tax obligations far more straightforward.
3. Comprehensive employee benefits management
Beyond payroll, Gusto offers a range of employee benefits—such as health insurance, retirement plans, and workers’ compensation—all integrated into its payroll system. This integration makes it easier for bookkeepers to track benefit-related expenses and ensure they are correctly categorized, thus maintaining accurate and compliant financial records without the need for multiple systems.
4. Compliance and HR tools
Gusto includes built-in HR tools to help manage compliance with labor laws, from employee onboarding to time tracking and paid time off (PTO) management. For bookkeepers, having payroll and HR tools integrated means less time spent on data entry and more consistent, accurate records, which ultimately simplifies the bookkeeping process and helps avoid compliance issues.
5. Detailed payroll reports and analytics
Gusto’s detailed payroll reports provide bookkeepers with the insights they need to track labor costs, manage expenses, and make informed financial decisions. These analytics allow bookkeepers to offer clients valuable financial insights and keep payroll data properly categorized and updated, which ensures accurate financial statements.
Why CoCountant chooses Gusto
At CoCountant, we integrate Gusto into our bookkeeping and accounting services to ensure payroll operations are efficient, compliant, and accurately reflected in your financial records. This integration allows us to deliver comprehensive payroll support, ensuring that every aspect of payroll—from taxes to benefits—is handled seamlessly, freeing up small business owners to focus on what they do best.
If you’re looking for a partner to optimize your payroll management—whether it’s for streamlined payroll processing, automated tax filings, or comprehensive employee benefits—we can help.
Speak to us today to learn more about how our bookkeepers and accountants can support your financial operations with Gusto.
Frequently asked questions
Why should I use Gusto for my small business?
Gusto is a payroll and HR platform that simplifies payroll management and automates tax filings. It’s particularly beneficial for small businesses because it integrates payroll, benefits, and compliance management in one easy-to-use platform.
How much does Gusto charge for payroll services?
Gusto offers several pricing plans based on the number of employees and the level of services needed. There are no hidden fees, and businesses can choose a plan that fits their budget and payroll requirements.
Can Gusto help with tax compliance?
Yes, Gusto automates federal, state, and local tax filings, ensuring your business stays compliant with all tax regulations. It also provides tools to manage employee benefits and other HR tasks, further simplifying compliance.
How does Gusto handle employee benefits?
Gusto integrates employee benefits directly into its payroll system, allowing businesses to offer health insurance, retirement plans, and other benefits without needing separate systems or vendors.
Is Gusto secure for managing payroll data?
Gusto uses advanced encryption and security measures to protect sensitive payroll data, ensuring that all employee information is handled securely.
How quickly can I start using Gusto for payroll?
You can get started with Gusto immediately after signing up and completing a few onboarding steps, such as entering your business information and employee details. The platform is designed for quick setup and easy integration with your existing systems.
Does Gusto provide customer support for small businesses?
Yes, Gusto offers customer support through chat, email, and phone, along with extensive online resources to help small business owners manage their payroll effectively.