Lesson 08 - Lesson 8: Using QuickBooks for Payroll Return...

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Return to the QuickBooks Pro 2010 web page Lesson 8: Using QuickBooks for Payroll
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2 Lesson Objectives After studying this lesson, you will be able to: f Set up QuickBooks to run payroll f Manage the Employee List f Create paychecks f Track and pay payroll liabilities f Process payroll forms
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The Payroll Setup Interview The Payroll Setup Interview walks you through the entire payroll setup process. 3
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Payroll Items Anything you wish to include on a paycheck must first be set up as a payroll item! f Items for wages/salaries, federal/state/local taxes, other additions/deductions, employer-paid expenses 4
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Entering Historical Amounts Enter payroll history amounts when using the payroll feature: f For existing employees who have received at least one paycheck from you (and it’s not January 1 st ) A wizard guides you through entering payroll history; you will need: f Prior period paychecks f Prior liability payments 5
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Payroll Recordkeeping in QuickBooks Separate set of records for payroll
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Lesson 08 - Lesson 8: Using QuickBooks for Payroll Return...

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