QuickBooks 2016: The Best Guide for Small Business, 2nd Edition

Chapter 10

Paying Employees and Payroll Taxes and Creating Forms

In this chapter:

•   Entering year-to-date payroll information

•   How payroll is set up in QuickBooks

•   Scheduling payroll

•   Running and reviewing the payroll

•   Understanding the Payroll Center

•   Determining, remitting, and tracking payroll liabilities

•   Preparing W-2 forms

•   Using Excel for taxes

Handle Year-to-Date Payroll Data

To make historical data entry easier, consider going live with payroll at the beginning of a calendar year. However, if you start using QuickBooks mid-year, you must enter the historical information about paychecks you have entered so far for this year. This way, QuickBooks can perform all of the required year-end tasks. For example, you ...