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Mastering QuickBooks 2020

You're reading from   Mastering QuickBooks 2020 The ultimate guide to bookkeeping and QuickBooks Online

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Product type Paperback
Published in Dec 2019
Publisher Packt
ISBN-13 9781789955101
Length 332 pages
Edition 1st Edition
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Author (1):
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Crystalynn Shelton Crystalynn Shelton
Author Profile Icon Crystalynn Shelton
Crystalynn Shelton
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Table of Contents (19) Chapters Close

Preface 1. Getting Started with QuickBooks Online 2. Company File Setup FREE CHAPTER 3. Migrating to QuickBooks Online 4. Customizing QuickBooks for Your Business 5. Managing Customers, Vendors, Products, and Services 6. Recording Sales Transactions in QuickBooks Online 7. Recording Expenses in QuickBooks Online 8. Managing Downloaded Bank and Credit Card Transactions 9. Report Center Overview 10. Business Overview Reports 11. Customer Sales Reports in QuickBooks Online 12. Vendor and Expenses Reports 13. Managing Payroll in QuickBooks Online 14. Managing 1099 Contractors in QuickBooks Online 15. Closing the Books in QuickBooks Online 16. Handling Special Transactions in QuickBooks Online 17. Shortcuts and Test Drive 18. Other Books You May Enjoy

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 QuickBooks Online can be done in five easy steps. From the Workers tab, you will select the Let's go button to start entering payroll information for the pay period. Next, you should double-check that the bank account, pay period, and pay date that appear in the header are correct. If so, proceed to enter hours worked for all hourly employees. The pay amount for salary employees will automatically populate so just review for accuracy. Review the payroll details and submit them for processing. 

Follow these steps to run payroll in QuickBooks Online:

  1. Click on Workers on the left menu bar to...
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