Download presentation
Presentation is loading. Please wait.
Published byLucinda Watts Modified over 9 years ago
1
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011 CHAPTER 6
2
Chapter 6 Overview Employee List Time Tracking
Transfer Time to Invoices Print Paychecks Pay Payroll Liabilities Payroll Reports COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
3
Employee Navigation COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
4
Employee List Contains employee information, such as name and address
Access from Home page or Employee Center COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
5
Payroll Setup Customize to company needs Set preferences and defaults
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
6
Processing Payroll in QuickBooks
Enter Time Pay Employees Pay Liabilities Process Payroll Forms 1 2 3 4 COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
7
Enter Time Using Stopwatch Timesheet Online Timesheet
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
8
Transfer Time To Invoices
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
9
Pay Employees Calculate withholdings and employee net pay
Manually calculate payroll taxes Use QuickBooks payroll service Intuit Online Payroll QuickBooks Basic Payroll QuickBooks Enhanced Payroll QuickBooks Assisted Payroll Service COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
10
PAY EMPLOYEES Print paychecks: Voucher checks
Standard checks and paystubs COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
11
…and don’t forget to file payroll tax forms.
Pay Liabilities Pay payroll tax liability Federal income taxes withheld State income taxes withheld Social security and Medicare, both employee and employer portions Unemployment taxes …and don’t forget to file payroll tax forms. COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
12
Payroll Reports Includes:
Payroll reports: How much do we pay for payroll? Project reports: How much time did we use? COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
13
TO LEARN MORE … Turn to Chapter 6 Visit the Online Learning Center Visit the Student Blog COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.