
Launch into the QuickBooks payroll course by previewing sections on payroll taxes, forms, and reports, then explore scenarios from setup to year-end reconciliations, including manual vs QuickBooks and Excel workflows.
Download a pedia file that supplements the payroll introduction video. This pdf reinforces payroll concepts for the QuickBooks Pro Desktop course.
Introduce payroll and why payroll accounting matters. Discuss journal entries, debits and credits, withholding laws and tax laws, internal controls, and the evolving payroll specialty for management and reporting.
Learn how payroll concepts integrate with QuickBooks to manage complex payroll processes, whether in-house or outsourced, and how to enter, generate paychecks, and report payroll expenses and liabilities.
Download QuickBooks backup files and unzip them. Restore QBP backups in QuickBooks using the passwords shown above; use the first for core exercises and the remaining backups for comprehensive problems.
Master restoring a QuickBooks pro desktop backup by opening the software, choosing open or restore, locating the unzipped backup, and creating a new restored company file.
Explore QuickBooks payroll on QuickBooks Pro Desktop through an accounting comic break that clarifies essential payroll concepts in a light, engaging format.
Explore payroll legislation and policies that impact payroll calculations, and learn to apply them using practice data files you can download and restore.
Download and use the accompanying pdf to supplement the payroll legislation lecture for QuickBooks Pro Desktop, reinforcing payroll concepts presented in the instructional video.
Explore payroll legislation and its impact on journal entries, withholdings, and internal controls, covering key federal and state laws, taxes, and payroll processing.
Download a pedia file that accompanies the instructional video as a supplement to the payroll considerations and tax forms content.
Understand payroll frequency, payment methods, and employee data, and navigate essential tax forms such as 940, 941, 944, W-2, W-3, and 1099 for payroll compliance.
Learn how to set up payroll in QuickBooks Pro Desktop through the interview-driven process, manage payroll schedules, and generate federal and state forms for compliance.
Configure payroll periods in QuickBooks Pro Desktop and assign pay frequencies (monthly, weekly, biweekly, semimonthly) for employees to ensure accurate federal income tax calculations.
Explore QuickBooks payroll workflows through an accounting comic break, offering practical insights for mastering QuickBooks Pro Desktop.
Learn how to process new employees and enter their data into the Quick Book system, including W-4 forms, with a downloadable practice Quick Books file.
Access a downloadable pedia file that supplements the instructional video, and review the PDF on 23 new employee tax forms and contractor vs employee for QuickBooks payroll.
Explore how the W-4 determines federal tax withholdings and how exemptions affect the calculation. Compare the employee versus contractor relationship and the payroll reporting implications for Form 1040.
Learn how to add new employees in QuickBooks Pro Desktop, populate data from the W-4, and configure payroll items, tax withholdings, direct deposit, and employee records.
Navigate essential accounting topics within QuickBooks Pro Desktop payroll workflows through a creative accounting comic break that reinforces practical concepts.
Explore how federal income tax withholdings apply to payroll, illustrating progressive tax concepts and how QuickBooks automates calculations using provided backup files.
Access a downloadable pedia file that serves as a supplement to the instructional video for the 510 federal income tax module in QuickBooks Pro Desktop.
Explain how federal income tax withholdings are calculated for payroll using W-4 data, tax tables from the IRS Circular E, and pay-period factors like marital status, allowances, and frequency.
Explore the downloadable pedia file that supplements the instructional video on federal income tax (FIT) concepts for QuickBooks payroll on desktop.
Calculate federal income tax withholding using tax tables, adjust gross wages for cafeteria and retirement plans, then determine withholding based on pay period, single or married status, and exemptions.
Explore how QuickBooks payroll uses federal income tax withholdings and payroll items, set up employee data and W-4 details, and view paycheck calculations.
Access a downloadable pedia file to supplement the instructional video, covering the federal income tax percent method in QuickBooks Pro Desktop payroll.
Calculate federal income tax using the percentage method from Circular E tables, adjusting Pam’s wages for cafeteria and 401(k). Determine allowances and apply progressive brackets to compute the withholding.
Explore how QuickBooks computes federal income tax using the percentage method or tax tables, with automatic table lookups and payroll system decisions across sample paychecks.
Explore payroll concepts in QuickBooks Pro Desktop during an accounting comic break that makes topics approachable and engaging for learners.
Analyze the federal income contributions act (fica), focusing on social security and medicare components, and learn how they affect payroll tax calculations.
Explore FICA, its two components: old-age survivors and disability insurance and Medicare, and how employer and employee withholdings fund current retirees through payroll taxes and journal entries.
Dive into an accounting comic break focused on payroll within QuickBooks Pro Desktop to reinforce payroll concepts for QuickBooks users.
Explore the Social Security tax and its calculation as it relates to payroll processing, using payroll backup files for a practical demonstration.
Access a downloadable pedia file to use as a supplement to the instructional video, enhancing understanding of the lecture material.
Understand Social Security under FICA, with 6.2 percent employee and employer shares up to the cap. Learn how cap timing and reconciliation prevent overpayment and ensure proper withholding.
Access a downloadable pedia file to supplement the instructional video for the PDF - 30 social security tax calculation in the QuickBooks payroll course.
Explore how to compute Social Security taxes from total earnings using payroll data, SDI wages, and cap calculations, including cafeteria plan deductions and employee versus employer portions.
Explore how QuickBooks calculates Social Security tax using payroll items for employee and employer at 6.2% with a cap of 128,400, and how automatic setup and cap tracking simplify payroll.
Master payroll tasks in QuickBooks Pro Desktop while enjoying an accounting comic break that illustrates essential workflows and payroll concepts.
Explore how the Medicare tax is calculated within payroll taxes and follow along using the downloadable practice file to restore and practice the steps.
Download the pedia file to supplement the instructional video for the PDF - 520 Medicare Tax module.
Explain Medicare calculation under FICA, detailing employer and employee portions of 1.45% each, no cap, and the additional tax on higher wages.
Download a supplementary pedia file for the instructional video on pdf 40 medicare tax calculation in QuickBooks payroll desktop.
Learn how to calculate Medicare tax from total earnings, adjust Medicare wages for cafeteria plans, and compare with the SDI cap and employer-employee portions using an example.
Learn how QuickBooks calculates Medicare payroll taxes, including employee and employer portions, standard rates, and cap-triggered adjustments, using payroll items and paycheck examples.
Enjoy a lighthearted accounting comic break while learning payroll tasks in QuickBooks Pro Desktop, covering essential steps and best practices.
Explore federal unemployment and state unemployment, including SUTA, and examine their calculations and how they relate to each other.
A downloadable pedia file supplements the instructional video for the pdf 615 federal and state unemployment tax lecture.
Explore federal and state unemployment taxes, including the federal unemployment tax as an employer tax on the first $7,000 per employee, and how state suta rules affect rates and deposits.
Access a downloadable pedia file that supplements the instructional video for the pdf on federal unemployment tax act calculation, enhancing understanding of payroll concepts.
Explore how to calculate the federal unemployment tax (futa) on payroll, accounting for total earnings, wage adjustments, and the $7,000 cap, with cafeteria plans and SDI/Social Security considerations.
Explore how futa and suta taxes work in QuickBooks payroll, including setting up payroll items and federal and state unemployment taxes, caps, and year-end considerations.
Explore how an accounting comic break highlights key payroll concepts in QuickBooks Pro Desktop, reinforcing payroll setup, processing, and desktop accounting workflows.
Explore how employer payroll taxes differ from employee taxes and how each is calculated, detailing which taxes fall under employer obligations.
Master employer taxes calculation in QuickBooks Payroll Pro Desktop. Access the downloadable pedia file that supplements the instructional video.
Learn how to calculate employer payroll taxes, including the employer portions of Social Security and Medicare, and the interplay with FUTA and SUTA, with practical example calculations.
Explore how QuickBooks handles employer payroll taxes, including setting up payroll items and distinguishing employee versus employer taxes, with Medicare, Social Security, and federal and state unemployment tracking.
Access a downloadable pedia file that you can use as a supplement to the instructional video for pdf 605 taxes for employer and employee.
Analyze who pays payroll taxes for employers and employees. Explain Social Security, Medicare, federal and state taxes, unemployment, workers' comp, and 401(k) deductions.
Engage with an accounting comic break that reinforces core accounting concepts within QuickBooks payroll and QuickBooks Pro Desktop workflows.
Compare the traditional payroll expense journal entry in financial accounting with how payroll processing works in QuickBooks Pro Desktop, highlighting differences and relationships in the payroll process.
Master payroll expense journal entries in QuickBooks Pro Desktop using the accompanying downloadable PDF, which serves as a supplement to the instructional video.
Learn how to prepare a payroll expense journal entry from the payroll register, allocate deductions to liabilities, including net pay, and post to a trial balance on an accrual basis.
Learn how QuickBooks handles payroll expense journal entries, debiting gross pay, crediting withholdings and payroll liabilities, and reflecting net pay on statements, by employee or batch.
Experience a comic break on accounting that highlights payroll basics within QuickBooks Pro Desktop for course learners.
QuickBooks Desktop Pro payroll will describe the payroll process for a small business in detail, so bookkeepers, accountants, and business owners can better understand how to set up payroll, process payroll, and troubleshoot problems related to payroll.
This course will introduce the payroll set-up in the QuickBooks Desktop Pro system, walking through payroll screens for both the paid version and the free manual version of payroll within QuickBooks Desktop.
We will discuss payroll legislation that will affect payroll calculations within QuickBooks Pro Desktop and list the payroll forms we will need to generate from Quickbooks.
The course will walk through the process of entering a new employee into the QuickBooks Desktop Pro system and describe where the data would be received from in practice including Form W-4.
We will discuss Federal Income Tax (FIT) calculations within QuickBooks Pro Desktop. The course will describe how FIT is calculated, what is needed for QuickBooks Pro to calculate FIT, and how to enter the data into the accounting system.
The course will describe the Federal Income Contributions Act (FICA) and its components.
We will calculate social security and describe how QuickBooks Pro Desktop will help with the calculations as we process payroll.
The course will calculate Medicare and describe how QuickBooks Desktop Pro will help with the calculations of Medicare when we process payroll.
We will calculate Federal Unemployment (FUTA) and discuss how FUTA is related to state unemployment (SUTA).
The course will describe and calculate employer taxes and discuss which taxes are employee taxes and which taxes are employer taxes.
We will describe payroll journal entries and discuss how payroll data is populated in the QuickBooks reports and financial statements including the profit and loss and balance sheet.
The course will describe and fill out a payroll register and analyze the many payroll reports that can be generated from QuickBooks Pro Desktop.
We will discuss and enter both mandatory and voluntary deductions into the QuickBooks Pro Desktop system.
The course will discuss retirement plan options, how to enter them into the QuickBooks Pro Desktop system, and how they are used to calculate net income and payroll taxes.
We will cover two comprehensive problems, processing payroll within QuickBooks Desktop Pro. One comprehensive problem will use the paid QuickBooks version. The second comprehensive problem will use the free manual version and compare the computations to ones we will do in Excel.
Our first comprehensive problem will start off very basic with one employee and will increase in complexity as we enter more benefits and payroll details each year.
Our second comprehensive problem will focus on manual calculations to get a better understanding of what the paid version is really doing for us. A better understanding of the calculations being made by the QuickBooks Desktop Pro system allows us to spot and troubleshoot problems when they happen.
In addition to the instructional videos, this course will include downloadable
• QuickBooks Pro Desktop Backup files
• Excel practice files
• Downloadable PDF Files
The QuickBooks Desktop backup files are a great tool that allows us to jump ahead in the material or to rework material if we choose.
Excel practice files will be preformatted and will generally have at least two tabs, one tab with the completed work and a second tab with a preformatted worksheet we can fill in as we watch the instructional videos.