1. 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

2. © 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

3. © 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

4. © 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)

5. © 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

6. © 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

7. © 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

8. © 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

9. © 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

10. © 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

11. © 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

12. © 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

13. © 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

14. © 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

15. © 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

16. © 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

17. © 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

18. © 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