quickbooks payroll service unemployment rate

Once your payroll item list is set up, you will want to set up your employees in the Payroll Center. Most states have a state unemployment and state withholding tax, but you will want to check with you specific state to see if there are any other applicable taxes. (The Social Security and Medicare have both an employee and employer portion.) You will also want to set up items for your state payroll taxes. There are the federal payroll taxes, which include federal unemployment, federal withholding, Social Security, and Medicare. You will want to make sure to set up all the compensation items you will use for your employees, whether that be hourly, salary, commissions, or bonuses.Īfter this you will want to set up the items that track the payroll taxes. This can be found under Lists on your task bar.

With the payroll subscription active, you will want to make sure to set up your Payroll Item List.

Make sure to know what your needs are so you can make the choice that best suits them. Depending on the subscription you choose, some of these choices may not be available. The payroll subscription can give you full access to being able to enter time, prepare paychecks, process direct deposits, pay your payroll tax liabilities, and process your payroll forms. If you choose yearly there is often a discount offered. You can usually pay for this subscription monthly or yearly. You can do this electronically by choosing the “Turn On Payroll” icon, or contact Intuit directly for over the phone help. The first thing you will need to do is add a payroll subscription to your QuickBooks file. We will go over some basics of how the payroll area works in the QuickBooks Pro Desktop for PC version to help get you started. Do you use QuickBooks for your business bookkeeping? Are you thinking of hiring a few employees but not sure how that whole payroll thing works? Understanding how to use the Payroll Center in QuickBooks can help your transition to the New Year be smooth and easy.

Quickbooks payroll service unemployment rate