1. Computer Accounting with QuickBooks 2015
Chapter 11
Donna Kay

2. Chapter 11 Overview Enable Payroll Set Up Payroll Create Employee List
Print Paychecks
Pay Payroll Liabilities
Print Payroll Forms and Reports
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

3. Enable Payroll Select Edit > Preferences Select Payroll & Employees
Select Company Preferences
Select Full Payroll
Display Employee List by: Last Name
Select OK
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

4. Payroll Options When you process QuickBooks payroll, you can:
Calculate payroll manually (Chapter 11)
Use a QuickBooks payroll service (Chapter 6)
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

5. QuickBooks Payroll Services
QuickBooks Payroll Services automatically calculates tax withholdings and requires an Internet connection
QuickBooks Payroll Services include:
Basic Payroll
Enhanced Payroll
Assisted Payroll
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

6. Calculate Payroll Manually
Select Help > QuickBooks Help
Search process payroll manually
Select Search icon
Select Process Payroll Manually (without a subscription to QuickBooks Payroll)
Select manual payroll calculations link
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

7. Calculate Payroll Manually
Select Set my company file to use manual calculations
Select OK
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

8. QuickBooks Manual Payroll
After you enable QuickBooks to process payroll manually…
Go to Payroll Setup
Enter Employee List
Enter Time
Pay Employees
Pay Liabilities
Process Payroll Forms
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

9. Payroll Setup
Use QuickBooks Payroll Setup to enter information such as:
Employee compensation
Employee benefits
Other additions and deductions
Employee tax information
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

10. Print Paychecks Select Pay Employees Select Bank Account
Enter Pay Period Ends
Enter Check Date
Select Employee
Select Continue
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

11. Print Paychecks Select Employee Select Open Paycheck Detail
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

12. Preview Paychecks 1. - 6. Enter Employee withholding information
Select Save & Close
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

13. Print Paychecks Select Print paychecks from QuickBooks
Select Create Paychecks
Select Print Paychecks
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

14. Payroll Liabilities Payroll liabilities consist of:
Federal income tax withheld
State income tax withheld
FICA
FUTA
SUTA
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

15. Payroll Forms Common payroll tax forms: Form 941 Form 940
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

16. To Learn More …
See Chapter 11 Visit the Online Learning Center Visit
COMPUTER ACCOUNTING WITH QUICKBOOKS 2015