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5 Replies Last post: Feb 2, 2009 4:20 PM by FruitySnake

Has anyone tried the payroll service thru Bank of America?

Dec 27, 2008 5:43 PM

Click to view CAMPJAMES's profile Start-up CAMPJAMES 1 posts since
Dec 27, 2008
Has anyone tried this service? Right now we use ADP, and Quickbooks for recordkeeping. Is the BofA service easy, and compatible with QuickBooks?
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Click to view sam2011's profile Professional sam2011 6 posts since
Jul 22, 2008
1. Re: Has anyone tried the payroll service thru Bank of America? Jan 25, 2009 3:43 PM
Hi CampJames -

I am using BOA payroll services. I have quickbook online. BOA payroll and employee tax I export over the net to my quick book online. Also you can transfer your transaction easily from BOA to quickbook. Also I use there services to pay vendor online. Hassle free.

Excellent service and very easy. I pay BOA 10/15 dollar for this.
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Click to view LUCKIEST's profile SCORE LUCKIEST 7,912 posts since
Aug 6, 2007
2. Re: Has anyone tried the payroll service thru Bank of America? Jan 25, 2009 4:55 PM
Has anyone tried the payroll service thru Bank of America, Welcome Cathy

No I have not tried B of A Payroll Service. Using ADP is like the Cadillac of payroll services.

How many people do you have on payroll and how often do you pay them??

Pay your employees bi weekly, you can save money (the payroll service charges by the number of checks)

Hope this helps, LUCKIEST
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Click to view Meenah's profile Start-up Meenah 1 posts since
Jan 27, 2009
3. Re: Has anyone tried the payroll service thru Bank of America? Jan 27, 2009 2:00 PM
in response to: sam2011
How did you sign up for the payroll services thru BOA? Did you have a bank representative help you or did you just go thru BOA website, and if so is it fairly self explainitory?
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Click to view Bean Counter's profile Mogul Bean Counter 19 posts since
Jan 25, 2008
4. Re: Has anyone tried the payroll service thru Bank of America? Jan 27, 2009 2:21 PM
in response to: Meenah
I have payroll thru BOA. Great service.

You can subscribe online. You will need a business account and business suite. There is usually a link that you can click.

The prompts are self explanatory.

The service is free if all employees have direct deposit with BOA. All forms can also be filed electronically as well as paid electronically. It allows for deductions, reimbursements and sick and vacation accruals. Really a great service overall.

Enjoy
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Click to view FruitySnake's profile Start-up FruitySnake 1 posts since
Feb 2, 2009
5. Re: Has anyone tried the payroll service thru Bank of America? Feb 2, 2009 4:20 PM
I am new user of BOA payroll. Here are my observations.

While all the features are great, BOA Payroll will only pay state taxes for one (primary) state. The service will calculate taxes for multiple locations/states. There is a charge for setting up multiple locations and then it will not pay the additional states. You have to make your own arrangements to pay these additional states. I find this frustrating.
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