Today we’re proud to announce that payroll and accounting are available seamlessly together for our US customers. In what is our biggest feature release this year, it’s being made available to all Xero users in the following US states;
- New York
- New Jersey
Separate online payroll and accounting is a pain and has been for a long time now. So we’ve solved it – and then some. It means you no longer have to export and import your payroll data, nor use separate logins.
You can be instantly more efficient and have fewer errors by having your general ledger automatically updated after running payroll. You can also share the payroll tasks by easily collaborating with employees through an employee app, where they can view pay stubs, submit timesheets and even apply for time off.
Check out the goodness in this video!
With the general ledger automatically updated, you can easily follow the underlying payroll data through several comprehensive payroll reports as well as the balance sheet, income statement and other relevant accounting reports.
Payroll administrators are empowered with an easy-to-access dashboard providing a quick overview of the payroll with employee timesheets and time off requests.
This is just the beginning for US payroll. Early in the new year we’ll add electronic payroll tax payments and filings in our supported states, which makes the dreaded filing and payment process super easy.
Beyond all this, we’re already working on employee W2 forms as well as the entire end of year (FY14) payroll process. Also on the radar is a graphical view of all requested, approved and denied employee time off, an employee pay day iOS application, more comprehensive opening balances capability, conversion functionality, an open payroll API and of course the remaining 44 States.
We’d love to know what you think, so feel free to weigh in on the discussion in the Xero Community.