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QuickBooks Online launches auto enrolment functionality

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31st Mar 2015
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Intuit's cloud offering, QuickBooks Online, now includes auto enrolment functionality.

As part of payroll within QuickBooks Online, users can automatically assess which employees are eligible for auto enrolment and can process those that have chosen to opt out of the scheme.

The software can calculate the required contribution to a workplace pension scheme based on an employee’s earnings, ensure all communications to employees are compliant and keep an audit on all assessments and actions taken. 

Rich Preece, Intuit vice president and country manager said that AE has the potential to "significantly disrupt" small businesses across the UK. 

"As organisations overhaul their payroll to comply with staging dates, many will face a heavy administration task. The resulting man hours and costs involved could distract from the serious task of making a business a success," he added. 

To start getting support for auto enrolment, QuickBooks Online users will need to turn on payroll within the software.

Payroll is currently free to run for an unlimited number of employees and there is no additional cost for taking advantage of the auto enrolment features.

AccountingWEB has launched the No-one gets left behind campaign to alert as many accountants as possible to the obligations implied by auto enrolment. Read our simple eight-point statement which sets out the auto enrolment facts you need to know.

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By blackdust567
17th Apr 2015 21:30

Quickbooks desktop payroll
What about those people not using Quickbooks online payroll but using the payroll functions in the non-online versions of Quickbooks-will it have the same functionality?

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