For these reasons, we chose Gusto as the best https://www.bookstime.com/ software. It provides the greatest balance among features and offers a variety of tools that address the needs of restaurants. It also has an intuitive platform and a full-service payroll option that’s budget-friendly. SurePayroll by Paychex is the most affordable restaurant payroll solution on our list. Its full-service plan, which includes unlimited pay runs and payroll tax filings—costs $29.99 plus $5 per employee monthly. For those looking for an even more cost-effective solution, the provider also has a cheaper “No Tax Filing” option that allows you to also run unlimited payrolls, but you have to handle tax filing yourself.
What makes payroll software tailored for restaurants different from generic payroll solutions?
Are you running a seasonal restaurant that works with contract employees? Square Payroll has features that make contract payroll tracking an easy process. Gusto can automatically file your state and federal taxes when the time comes—and sends you automated reminders if tax laws in your state happen to change. Another reason to opt restaurant payroll for Homebase is the ability to provide pay advances to your team. The platform allows them to cash out before the official pay date if they need access to their earnings right away. Homebase will cover the cost and liability, so you won’t have to separately keep track of these advances or make any changes during payroll processing.
The year’s best payroll software for restaurants
Also important to note, there are additional setup fees for all but the Basic plan. A mobile-optimized approach lets new workers fill out information, acknowledge required documents, and complete all the necessary paperwork without ever touching a piece of paper. Employee turnover in restaurants is higher than most other industries—a whopping 75%, according to the Bureau of Labor Statistics.
How We Evaluated Payroll Software for Restaurants
You even get staff scheduling and time tracking tools—provided you’re a one-location business. The hustle and bustle of a restaurant makes running payroll extremely difficult. Not only do you have to supervise tons of employees with varying salaries, from minimum wage and up, but you also have to factor in tips. While you can run multi-state payroll with SurePayroll, doing so costs an extra $9.99 a month (which is a flat fee for two or more states—not a per-state charge). That fee isn’t bad, but if you’re a franchisee with restaurants in multiple states, Gusto’s free multi-state payroll could save you a bit of cash. And since SurePayroll has just two plans, it’s not as scalable for rapidly growing businesses as, say, ADP or Paychex.
How do restaurants pay their employees?
Homebase has added a payroll module to its suite of time tracking and scheduling solutions. Similar to Square Payroll, Homebase Payroll offers flat pricing for its easy-to-use pay processing solution, which includes automated payroll tax payment and filing services. The platform is designed specifically for hourly teams, as it comes with essential scheduling and time tracking tools to help you manage your hourly workforce more efficiently. It offers job postings, applicant tracking, PTO management, new hire onboarding, and time clock apps. Paychex is one of the best restaurant payroll software platforms for restaurants of all sizes.
Fast Tax Accounting
- But it has many other general payroll features, which is why it’s on our list of the best payroll software for small businesses.
- Navigating the intricacies of payroll and HR can be time-consuming for restaurant managers, especially if you’re managing a global workforce.
- Anyone who regularly receives more than $30 per month in tips is considered a tipped employee.
- However, if you’re looking for restaurant payroll services with inventory and fixed asset management, FreshBooks is not for you.
- Homebase offers no-commitment monthly plans at slightly higher prices than listed above.
- With support for multiple currencies and a range of withdrawal methods, your employees can count on timely payments.
While Wave Payroll has fairly standard features at a fairly standard price, its completely free accounting software makes it a good pick for restaurant owners who want to save money wherever possible. OnPay is one of the best picks for payroll processing for any kind of small business. Either way, make sure you have a checklist of your specific needs and a budget in mind before you settle on a product.