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August 11, 2011

PenSoft Payroll Solutions — PenSoft Payroll Accounting Edition

888-736-7638 www.pensoft.com   2011 Overall Rating 4   Best Fit Accounting professionals who provide payroll processing for multiple clients and prefer an on-premises application. Strengths Drag-and-drop report modification allows custom reporting, and report customizations can be saved for use in future months. An unlimited number of users can access each company file simultaneously. Export files... Read more »

Steven M. Phelan

888-736-7638

www.pensoft.com

 

2011 Overall Rating 4

 

Best Fit

Accounting professionals who provide payroll processing for multiple clients and prefer an on-premises application.

Strengths

  • Drag-and-drop report modification allows custom reporting, and report customizations can be saved for use in future months.
  • An unlimited number of users can access each company file simultaneously.
  • Export files are available for QuickBooks and Sage Peachtree, or data can be imported or exported using Microsoft Excel.
  • Supports complex requirements such as job costing, multiple shift differentials, Certified Payroll, and consolidated reporting.
  • No additional charge for processing multiple payroll in multiple states.

Potential Limitations

  • Does not include a due date tracking feature.
  • Employee portals and state electronic payments not supported.

SUMMARY & PRICING

PenSoft Payroll Accounting Edition is an easy-to-use and -navigate payroll solution. With no additional charges to process multiple states or to have access to unlimited support, PenSoft Payroll Accounting Edition may prove to be a cost-effective payroll solution for accounting professionals. PenSoft prices each edition as a calendar year subscription and is based on the number of employees in the largest company currently processed through the system. Initial pricing for PenSoft Payroll Accounting Edition starts at $1,629 for processing unlimited clients each with less than 50 employees. Annual renewal pricing is slightly discounted for future years.

Product Delivery Methods

_X_ On-Premises

___ SaaS

___ Hosted by Vendor

 

Basic System Functions 4

Reporting & Monitoring 3.5

Integration/Import/Export 4.5

Help/Support 4.25

Client Self-Service Features N/A

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Steven M. Phelan

CPA

Steven M. Phelan, CPA.CITP manages an accounting practice based in Oklahoma City, Oklahoma. Areas of practice include taxation, general accounting and technology consulting. He is active within the CPA profession and is a frequent speaker at seminars and conferences throughout Oklahoma. Steven was recently added as a discussion leader for K2 Enterprises where he speaks to CPAs throughout the nation covering a variety of technology topics. Steven is currently a contributing author to the CPA Practice Advisor, where he reviews tax and accounting software solutions. Most recently, Steven was selected as a 2012 Oklahoma Society of CPAs Trailblazer recipient, which recognizes service to the CPA profession and to the community.