11. Setting Up Payroll
When your business hires employees, one of the more important tasks you will have is making sure your QuickBooks data is set up correctly to handle this responsibility. This chapter details for you the proper setup of your payroll. In Chapter 12, “Managing Payroll,” you will learn how to efficiently review your payroll data, and handle some of those unique payroll transactions.
A common definition of an employee is “a person in the service of another under any contract of hire, express or implied, oral or written. The employer also has the power or right to control and direct the employee in the material details of how the work is to be performed.” If your company hires individuals who meet this criteria, ...