05
Nov

– Setting up payroll items in quickbooks desktop

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Setting up payroll items in quickbooks desktop
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When initially setting up payroll in QuickBooks, you /27447.txt a list of employee defaults that apply to all of your employees. Open QuickBooks Desktop. This screen lets you verify the wage items used in calculating withholding. Annual Salarythen Next.
 
 

– Set up, change, or delete employee-paid payroll deductions

 
Select Payroll Item ▼ dropdown, then New. Select Custom Setup, then Next.

 

– Get started with QuickBooks Desktop Payroll

 

Select None if the deduction is after-tax. Select Next three times. For None tax tracking type, select net pay in the Gross vs. Leave Default rate and limit fields blank unless these apply to all of your employees. Select Finish. From Additions, Deductions, and Company Contributions , add the deduction item.

Enter the amount per period and a limit if applicable. Select OK. Edit the information as needed. Right-click the item and select Edit Payroll Item. Change the info as needed on each window. If you need to change the deduction amount for your employee: Select Employees , then Employee Center. Select Payroll Info. Change the amount or limit. Leave Default rate and limit fields blank. You can add the rate and limit when the item is added to the employee profile.

Select Finish. Select Company Contribution, then Next. Enter the item name, then Next. Select the name of the agency to which liability is paid or add it , the account number, and the expense account that you want to track the item. Select Next. Set the tax tracking type to None. Select Payroll Info. In the section for Additions, Deductions, and Company Contributions , add the health benefit insurance items.

Enter the amount per period and the limit. Select OK. A non-tax payment is a payment you made on behalf of your employee to a third-party vendor. Some examples include payments for retirement plans, health insurance, or wage garnishments. These payments can include the employee-paid portion as well as the company-paid portion.

This information is used to help you track how much you’ve paid and alerts you when you still owe the vendor a balance. So the setup is designed to allow you to add info at your convenience and save as you go. If you use QuickBooks Desktop Payroll Assisted, you can get help from a setup expert to complete these tasks and activate your service. In this task, you can select from a preset list of pay items, insurance benefits and retirement deductions, or you can set up customer items.

If you use QuickBooks Desktop Payroll Enhanced, you can also set up to pay your payroll taxes electronically. If you’ve already paid employees this year, you’ll need to add those paychecks and any tax payments you’ve made. QuickBooks will review all the pay history info and check for errors.

These forms need to be signed by the principal officer and sent back to us as soon as possible so we can pay your taxes and file your forms. Need to make changes or updates to your accounts or subscriptions? Visit the Account Management Page.