Processing QuickBooks Online payroll for a small business, generating paychecks, processing payroll tax forms
Sub Category
- Other Office Productivity
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Objectives
- List and describe payroll related legislation
- Enter new employee information into QuickBooks and describe where to get the data necessary to add a new employee
- Set up and calculate Federal Income Tax (FIT)
- Describe the Federal Income Contribution Act and its components
- Set up and calculate social security
- Set up and calculate Medicare
- Set up and calculate Federal Unemployment
- Describe and calculate employer payroll taxes
- Generate payroll journal entries from payroll reports
- Generate and analyze Form 941 Employer's Quarterly Federal Tax Return
- Generate and analyze Form 940 Employer's Annual Federal Unemployment (FUTA) Tax Return
- Generate and analyze Forms W-2 & W-3
- Reconciling year end payroll tax forms
- Generate and analyze a payroll register and payroll reports
- Describe mandatory and voluntary deductions and how they are entered into QuickBooks Online
- List and describe types of retirement plans and how to set them up in QuickBooks Online
- Enter comprehensive payroll problem into QuickBooks Online
- Setup paid payroll in QuickBooks Online
- Process payroll in QuickBooks Online
Pre Requisites
- We should be familiar with QuickBooks and or accounting.
FAQ
- Q. How long do I have access to the course materials?
- A. You can view and review the lecture materials indefinitely, like an on-demand channel.
- Q. Can I take my courses with me wherever I go?
- A. Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don't have an internet connection, some instructors also let their students download course lectures. That's up to the instructor though, so make sure you get on their good side!
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Coupon Code(s)