Quarterly Accountant Updates · How to take your accounting ﬁrm online in 5 steps All the tools...

Quarterly Accountant Updates

August 2019

Welcome!

Will LopezHead of Accountant Community

Follow @Zewillster / @GustoHQConnect: linkedin.com/in/wlopezjr/ linkedin.com/company/gustohq

3 | Confidential – Do Not Distribute

Introducing our partner webinars!What you can expect to find here:

2.A sneak peek into the future: what are we working on now?

1.Key Gusto updates from the last three months: what do you need to know?

3.Live Q&A with Will Lopez, Head of Accountant Community @ Gusto.


Gusto mission:

To create a world where work empowers a better life.

Peace of MindMake it easy for people to

join and build great teams, & stay compliant.

Great Place to WorkTransform work into a community

where people feel connected, valued and energized.

Personal ProsperityHelp people grow and plan for a better future, beyond

work.


Benefits Health Insurance (medical, dental, vision), 401k, HSA, FSA, 529 college savings,

and more

ComplianceWorkers’ comp insurance, state new hire forms, certified HR pros, and more

HREmployee offers and

onboarding, paid time off, and employee engagement

Payroll When everything flows through payroll, everything stays in sync

Arum Kang, Co-Founder & CEO of Coffee Meets Bagel

The Gusto People Platform

Small business owners

What’s new this quarter?


Gusto has a new look!Same functionality you know and love, now more vibrant and human

If you have any Gusto logos and partner badges on your site or materials, now is a good time to update them!

gusto.com/brandgusto.com/partner-resources/gusto-partner-badges


... and our new friend Penny to join the journey!


● All revenue share payments will move to direct deposit this month of August.

● If your firm earns revenue share, make sure you add or update your billing information within the dashboard..

● Revenue share payouts will happen monthly moving forward, on the 10th business day of the month.

Don’t forget to update your billing and W-9 information at app.gusto.com/login

Revenue share by direct depositFaster, more streamlined payments and higher visibility


Revenue share by direct depositHow to add or confirm your billing details


Did you know...If you just want to refer a client, you’ll get a $100 referral bonus after they run payroll.


Why offer benefitsEmployees are increasingly looking to their employer to offer benefits

81%employees view health

insurance as a ‘must-have’

76%employees believe employers have a

responsibility for the health and well-being of their

employees

2 in 3employees say their

benefits package helps reduce their financial stress


Payroll & Benefits, always in syncExpanding coverage of Small Group Health Insurance

● Gusto now offers small group health insurance for businesses with <4 employees (as well as those with up to 50 or 100 depending in the state) who qualify, in 23 states + DC.

● Clients can shop for new plans or bring over existing ones without interruption in coverage or change in cost.

● Benefits managed in Gusto will automatically sync with payroll—no more manual deductions.

● Employees can enroll online and manage their own plans.

gusto.com/product/benefits


● Plan recommendations tailored to needs and budget. ● Licensed benefits advisors, available for personal

guidance.● Benefits that are compliant with the ACA, HIPAA, ERISA

and more.● The ability to transfer existing group plans to Gusto for

seamless integration with payroll and no interruption in coverage.

gusto.com/product/benefits

Clients in these states can start the process by accessing the benefits tab in product

Health insurance coming soon to Indiana, South Carolina, and Wisconsin


● Complete and Concierge customers can give admins, managers, and accountants special permissions for select tasks.

● Accountants can have a full or limited view of their client's account, like any other Admin.

● For each client, all of the accountants at your firm will have the same permissions.

Learn more

PermissionsNow available on Complete and Concierge plans

https://support.gusto.com/1452321241/Manager-permission-types.htm


Admin permission Description

Run payroll Pay employees, view pay reports, edit pay schedules, manage Autopilot.

Pay contractors Pay contractors and view contractor payment reports.

View payroll reports and tax filings

View financial reports as well as your company's payroll history, contractor payment history, and tax and compliance documents.

Manage accounting integrations

Set up and manage accounting integrations, such as QB and Xero.

Manage peopleAdd / dismiss people, view / edit their private data, create and send offer letters, manage employee documents, and approve new hires.

Manage PTOSet up and manage paid time off policies, review and approve employee hours and time off requests, and sync hours to payroll.

Manage Team Insights Set up employee surveys and view the results.

Manage benefits Set up and manage all company benefits.

Available permission typesLearn more at support.gusto.com/team-management


Time tracking improvementsTwo new features to make tracking hourly work easier

● Reports: simple reporting of hour totals per employee by pay period or custom date range.

● Notes: employees can now leave notes alongside their tracked time. Get quick insights into a late start, a manually edited shift, or the reason for overtime hours.

gusto.com/product/time-tools


Did you know...Improve visibility and communication around hours worked


ReportsTracking hourly work just got easier

Recent Gusto Partnerships


What’s new with integration partnerships?

ZipbooksA -full stack account, invoicing and time tracking solution. The integration will sync payroll data to the general ledger in Zipbooks.

VeryfiAn operations platform for field industries. The integration will sync hours to Gusto, and employees to Veryfi.

AcceloAn operations platform for the professional services space. The integration will sync employees from Gusto to Accelo, as well as their PTO requests and schedules.

ClienTrakA spa and salon business operations platform. We are their exclusive payroll provide, and hours, tips, and commissions will automatically sync to Gusto.

Gusto Partner Content


Hot off the press!

How to take your accounting firm online in 5 stepsAll the tools and processes available for running a completely virtual firm, and their potential to drive a huge productivity boost.

How I Got Creative on Social Media (Even Though I’m An Accountant)Social media can be a powerful way to help potential clients find you. Amy Northard shares her secrets to succeeding in social while still being a numbers gal at heart.

That and much more on our Partner Resources page!

Visit (and bookmark)gusto.com/partner-resources

Coming Soon at Gusto!


(1) Based on a loan amount of $400 over 8 days, Flexible Pay is a less costly alternative to credit card late fees, overdraft fees, and payday loans. U.S. News, 2019 Credit Card Fee Study: What's Normal and What's Not?, 2019; Center for Responsible Lending, Unfair Market: The State of High-Cost Overdraft Practices in 2017, 2018; Consumer Financial Protection Bureau, What is a payday loan?, 2017. **APR varies based on the term of the loan. For a loan amount of $400 over an 8-day term until the next payday, the APR would be 45.63%, and the repayment amount would be $404.

Gusto CashoutA responsible, low-cost(1) way for employees to cover emergency expenses before payday

● Low cost(1) for employees: make emergencies a little less stressful.

● Built into payroll: Cashout is included with no extra cost or work for you or your clients. Amounts are disbursed and repaid automatically through payroll.

● Availability: Rolling out in the next few months to eligible employers in all states except AZ, DC, MA, ME, WV, IL, NV, NH, NJ, ND, OR, PA, VT.

Learn more and understand full eligibility criteria at http://gusto.docsend.com/view/2tuy833

http://gusto.docsend.com/view/2tuy833

Quarterly Accountant Updates · How to take your accounting ﬁrm online in 5 steps All the tools...

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