We weighted pricing at 20% of our total score. The limitations assessed included the number of employees the software would allow businesses to pay or even maximum and minimum amounts businesses could pay each employee to qualify for free software usage. Such added features included HR functions and capabilities, reporting, employee portals, multiple payment format options―check and direct deposit―deduction management and unexpected security features, such as biometric face recognition.Īdditionally, as we assessed the free plans’ features and functionality, we paid close attention to the limitations the free plans imposed on small businesses. In putting together this guide, we aimed to include software with feature sets that went beyond the expected. Below is a deeper look at our assessment process. This assessment was based on the software’s free plan features and functionality, free plan limitations, add-ons and extra fees (if any), upgrade options and customer reviews. To decide which providers made the cut for this guide, we assessed the available free payroll software to determine which would best meet freelancer, startup and small business needs. Because nonprofits are allowed to remove the 50-employee limit upon request, it is an ideal free payroll software for nonprofits in particular. Given its limited features and familiar interface, businesses with 50 employees or less, nonprofit organizations and students should use ExcelPayroll. However, for-profit companies must pay to use the software if their workforce exceeds 50 people. Nonprofits can exceed that limit upon request. The free version only covers up to 50 active or currently paid employees, although its database can hold up to 1,000 employees. Other features include tax form printing, deduction management, vacation accrual and workers’ compensation reporting, job expense tracking, variable income tracking and payroll processing, timecard tracking and salary or hourly payroll options. The free version includes the ability to process one to 50 employees’ payroll via check payouts. Its Payroll Tax Services, coupled with the ability to use the bank account to process payments automatically affordably and with few risks, make a great option for freelancers with no personal accountants.ĮxcelPayroll is a payroll processing application that runs on Microsoft Excel using preformulated Excel functions. Its free plan is robust, offering the ability to process payroll on shoestring budgets. is a great match for freelancers who hire contractors and other very small businesses. You can also pay them to use its bank to process payments via direct deposit instead of your own account. You can have deposit and file your payroll taxes for you via its Payroll Tax Services. There are two services that are not provided free of charge. offers this free plan by displaying small ads inside the software, so users view them as they use the included tools. In its free plan, companies can pay up to 25 employees. Features include employee and contractor payment processing, tax calculations and forms, basic human resource (HR) management tools, other deduction capabilities, employee vacation time tracking, in-depth payroll reporting and an employee portal. While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof.Įven in its free plan, offers a robust list of features any small business can use to process payroll. The payment we receive from advertisers does not influence the recommendations or guidance our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. These “affiliate links” may generate income for our site when you click on them. Second, we also include links to advertisers’ offers in some of our articles. This site does not include all companies or products available within the market. The payments we receive for those placements affects how and where advertisers’ offers appear on the site. This comes from two main sources.įirst, we provide paid placements to advertisers to present their offers. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive payment from the companies that advertise on the Forbes Advisor site. The Forbes Advisor editorial team is independent and objective.
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