6-9 P AY E MPLOYEES 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
6-10 PAY EMPLOYEES Print paychecks: Voucher checks Standard checks and paystubs
6-11 P AY L IABILITIES Pay payroll tax liability Federal income taxes withheld State income taxes withheld Social security and Medicare, both employee and employer portions Unemployment taxes …and dont forget to file payroll tax forms.
6-12 P AYROLL R EPORTS Includes: Payroll reports: How much do we pay for payroll? Project reports: How much time did we use?
6-13 TO LEARN MORE … Turn to Chapter 6 Visit the Online Learning Center www.mhhe.com/kay2011 Visit the Student Blog www.myquickbooks.me www.mhhe.com/kay2011 www.myquickbooks.me