Running payroll

After setting up your employees, you are ready to run your first payroll. It’s important to run payroll so that your employees are paid on time and to ensure you meet all of your payroll deadlines to the state and local tax authorities.

Running payroll in QBO can be done in six easy steps:

1. Click on Workers on the left menu bar to navigate to the Payroll Center:

   

   Figure 15.8: Clicking on Workers to navigate to the Payroll Center

2. Click the Let’s go button as indicated to create paychecks for employees:

   

   Figure 15.9: Clicking the Let’s go button to run payroll

3. On the next screen, you will select employees and enter the payroll hours, as indicated in Figure 15.10:

   

   Figure 15.10: Selecting employees to run payroll for

   A brief explanation of the payroll processing screen follows:

   • Bank account: From the drop-down menu, select the payroll bank account you created...