Cancelled: QuickBooks: Comprehensive Payroll Training (133215-12)
Description
QuickBooks training courses will equip you with everything they need to
know to successfully manage and or review everyday payroll duties. The
class is designed to give you a quick and easy understanding of how
payroll is calculated, payroll liabilities are created and paid, payroll
report writing, tax year end and special payroll situations.
Learning Objectives
1
Set Up • Information you MUST have to get started • Using the Payroll
Setup wizard • Setting up employees • Adding compensation types (hourly,
salary, bonus, etc) • Setting up employee benefits (insurance,
reimbursements, etc) • Adding retirement benefits like 401 (K) plans •
Adding PTO (sick & vacation time) • Setting up federal taxes (Income
tax, FICA, etc) • Setting up the right taxes for your state • Reviewing
your payroll set up • Entering payroll history • Customizing payroll •
Creating payroll schedules • Understanding and adding payroll items •
Creating unique and special payroll items
2
Running Payroll • Entering employee time • Running employee
productivity reports • Preparing employee paychecks • Printing &
modifying paychecks • Printing employee paystubs • Running payroll
reports • Exporting payroll data to Microsoft Excel
1
Taxes & Tax Forms • Making tax deposits • Paying other payroll
liabilities • Using E-file to pay taxes electronically • Correcting &
adjusting payroll liabilities • Preparing & filing your quarterly &
annual tax returns (federal and state)
2
Special Transactions • Entering "net to gross" paychecks • Running
unscheduled & termination paychecks • Handling unexpected changes during
the year • Voiding paychecks • Tracking & paying employee commissions •
Custom liability payments • Depositing tax refunds
3
Advanced Transactions • Handling expenses like insurance where
company & employee each pay a share • Mapping payroll items to get
meaningful financial statements • Job costing payroll • Tracking
employee loans • Handling wage garnishments • Paycheck issues • Tracking
payroll by "class"
Major Topics
Our classes cover the following subjects: Set Up Running Payroll Taxes & Tax Forms Special Transactions Advance Transactions
