People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.

Slides:



Advertisements
Similar presentations
Donna Kay Maryville University of Saint Louis COMPUTER ACCOUNTING WITH QUICKBOOKS 2011 CHAPTER 6 EMPLOYEES AND PAYROLL Copyright © 2012 by The McGraw-Hill.
Advertisements

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-1 Completing Payroll Records for Employee Earnings and Deductions.
CHAPTER 6. CHAPTER 6 OVERVIEW  Employee List  Time Tracking  Transfer Time to Invoices  Print Paychecks  Pay Payroll Liabilities  Payroll Reports.
© Computers Etc Software Training Center, Inc. QuickBooks Payroll Processing Tutorial QuickBooks Payroll Basics.
Chapter 21: managing payroll and inventory
© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO8 Justify the use of a payroll checking.
Banner Employee Self Service e. Did you know that you can view all of your Personal Information that we have on file for you in Employee Self Service?
People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.
People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.
LESSON 13-1 Recording A Payroll
Payroll Concepts and Procedures – Employee Taxes
People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.
X © 2010 The McGraw-Hill Companies, Inc. All rights reserved.
McGraw-Hill/Irwin Introduction to QuickBooks Pro, 2004 © 2005 The McGraw-Hill Companies, Inc., All Rights Reserved. Chapter 7 Sales Tax.
People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.
People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.
LESSON 13-1 Payroll Accounting, Taxes, and Reports
Preparing Payroll Records
Preparing Payroll Records
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 12-1 Preparing Payroll Time Cards.
CHAPTER TWENTY SIX PAYROLL PROCEDURES McGraw-Hill/Irwin Accounting Fundamentals, 7/e © 2006 The McGraw-Hill Companies, Inc., All Rights Reserved
©2012 Pearson Education, Inc. publishing as Prentice Hall 8-1 QUICKBOOKS® 2011: A COMPLETE COURSE CHAPTER 8—LECTURE PAYROLL.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 12-1 Preparing Payroll Time Cards.
Chapter 12 Preparing Payroll Time Cards. 2 L 12-1 Paying Employees page 341 Money paid for employee services is called a salary. The period covered by.
Preparing Payroll Records Preparing Payroll Time Cards Salary – money paid for employee services Pay period – period covered by a salary payment.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-1 Completing Payroll Records for Employee Earnings and Deductions.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 3-1 Completing Payroll Records for Employee Earnings and Deductions Modified by D. Burns West Johnston.
McGraw-Hill/Irwin Introduction to QuickBooks Pro, 2004 © 2005 The McGraw-Hill Companies, Inc., All Rights Reserved. Chapter 8 Payroll Setup.
[INSERT YOUR LOGO HERE] Payroll Services Overview.
Ch13-2 Review Problems. Section 3Tax Liability Payments and Tax Reports What You’ll Learn  How to pay payroll tax liabilities.  Which tax reports.
People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.
CENTURY 21 ACCOUNTING © Thomson/South-Western 1 LESSON 13-1 CHAPTER 13 OBJECTIVES PAYROLL ACCOUNTING, TAXES, AND REPORTS DEFINE ACCOUNTING TERMS RELATED.
People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.
Payroll Accounting Making Accounting Relevant Businesses issue payroll checks to their employees to compensate them for work performed. Making Accounting.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 3-1 Completing Payroll Records for Employee Earnings and Deductions.
Payroll Accounting, Taxes, and Reports
People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 13-4 Paying Withholding and Payroll Taxes  Paying the liability for employee taxes.
Doing Payroll With QuickBooks Lesson Lesson objectives  To gain an overview of payroll in QuickBooks  To learn more about payroll setup  To set.
People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.
2012.  Use the Employee Center to view previous payroll activity  Update your Payroll Tax Tables  Create Paychecks and override default calculations.
Doing Payroll With QuickBooks Lesson Lesson objectives  To gain an overview of payroll in QuickBooks  To learn more about payroll setup  To set.
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011 CHAPTER 6
People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.
LESSON 12-1 Preparing Payroll Time Cards
COPYRIGHT © 2009 Cengage Learning 2008 Glenn Owen Chapter Two Preparing a Balance Sheet Using QuickBooks Using QuickBooks Pro for Accounting 2008 Glenn.
2012.  Set up vendors in the Vendor list  Understand how to use classes in QuickBooks  Use QuickBooks for job costing  Enter expense transactions.
CHAPTER 11. CHAPTER 11 OVERVIEW  Enable Payroll  Set Up Payroll  Create Employee List  Print Paychecks  Pay Payroll Liabilities  Print Payroll Forms.
© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO6 Prepare a payroll register. LO7 Prepare.
0 Glencoe Accounting Unit 3 Chapter 12 Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Unit 3 Accounting for a Payroll System Chapter.
Jeffrey S. Leafer, EA, MBA
C OMPUTER A CCOUNTING WITH Q UICK B OOKS 2013 C HAPTER 6 Donna Kay Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved.
© 2014 Cengage Learning. All Rights Reserved. Do Now ●What information should you use from an employee’s earnings record when preparing an employee’s payroll.
Payroll Processing Chapter 7. PAGE REF #CHAPTER 7: Payroll Processing SLIDE # 2 2 Objectives Update your Payroll Tax Tables Create Paychecks and override.
Payroll Setup Chapter 6. PAGE REF #CHAPTER 6: Payroll Setup SLIDE # 2 2 Objectives Activate the payroll feature and configure payroll preferences Set.
Chapter 13 Preparing Payroll Records Part II. Payroll Register A business form used to record payroll information.
Professional Office Solutions Payroll Services Overview.
Chapter 2 Page ref. Chapter 2 Customizing QuickBooks 53.
Preparing Payroll Time Cards. In this Chapter…  We will learn how to prepare a payroll, payroll checks, and the records that must be maintained.
Sales Tax Chapter 4. PAGE REF #CHAPTER 4: Sales Tax SLIDE # 2 2 Objectives Activate and Set Sales Tax Preferences Use Sales Tax Items on Sales Forms Set.
McGraw-Hill/Irwin Introduction to QuickBooks Pro, 2004 © 2005 The McGraw-Hill Companies, Inc., All Rights Reserved. Chapter 11 Customizing QuickBooks.
Payroll Setup Chapter 5. PAGE REF #CHAPTER 5: Payroll Setup SLIDE # 2 2 Objectives Activate the payroll feature and configure payroll preferences Set.
COMPUTER ACCOUNTING WITH QUICKBOOKS 2012 CHAPTER 06
Preparing Payroll Records
CHAPTER 9.
Computer accounting with quickbooks 2018
Presentation transcript:

people © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Payroll Processing 2014

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Topics Payroll Processing Checklists Using the Employee Center Payroll Tax Tables Paying Employees Editing Paychecks Paying Payroll Liabilities Creating Payroll Reports Preparing Payroll Taxes

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Payroll Processing Checklists Every Payday: – Review the previous payroll activity in the Employee Center – Verify that your tax tables are current and update them if necessary – Create, review, and correct (if necessary) paychecks – Print paychecks and pays stubs Every Tax Deposit Due Date: – Create, review, and correct (if necessary) liability payments – Print liability payment checks

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Payroll Processing Checklists (Cont.) Every Quarter: – Verify the accuracy of all payroll transactions for the previous quarter – Create payroll reports for the previous quarter and year-to- date – Create payroll tax returns (Federal Form) Every January: – Verify the accuracy of all payroll transactions for the entire previous year – Create payroll reports for the previous quarter and year-to- date – Create payroll tax returns (Federal Form 941, 940, and State Yearly Returns)

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Using the Payroll Center

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Payroll Tax Table Payroll Tax Tables include the tax rates necessary to calculate an employee’s paycheck Affects the taxes withheld from paycheck and the company payroll taxes

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Selecting the Employees to Pay

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Paycheck Detail

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Printing Paychecks Select Voucher check style so that QuickBooks can print the pay stub information on the voucher portion of the checks

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Printing Pay stubs If you don’t use voucher checks or if you don’t print checks from QuickBooks, you can still print paystubs for your employees on blank paper

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Editing Paychecks If you haven’t printed the paycheck, you can edit the paycheck directly in the register From the Employees menu, select Edit/Void Paychecks Set the from and to dates and then select the paycheck from the list to edit To edit the items on the paycheck, click Paycheck Detail

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Paying Payroll Liabilities

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Creating Payroll Reports There are several reports that you can use to analyze your payroll – Payroll Summary Report – Sales Rep Commissions – Payroll Liabilities Report

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Payroll Summary Report Shows columns for each employee, their hours and rates of pay

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Sales Rep Commissions Helps to calculate the commissions due This report requires you to first tag each sale with the employee who gets credit Modified to show Cash Basis

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Payroll Liabilities Report Tracks the status of your payroll liabilities by Payroll Item

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Preparing Payroll Taxes

© 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other parties’ marks are the property of their respective owners. Chapter Review Payroll Processing Checklists Using the Employee Center Payroll Tax Tables Paying Employees Editing Paychecks Paying Payroll Liabilities Creating Payroll Reports Preparing Payroll Taxes

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2024 SlidePlayer.com. Inc. All rights reserved.