QuickBooks Payroll - QuickBooks Pro Desktop
4.2 (47 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
3,371 students enrolled

QuickBooks Payroll - QuickBooks Pro Desktop

Processing QuickBooks Pro Desktop 2019 payroll for a small business, generating paychecks, processing payroll tax forms
4.2 (47 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
3,371 students enrolled
Last updated 6/2019
English
English [Auto]
Current price: $139.99 Original price: $199.99 Discount: 30% off
23 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 23 hours on-demand video
  • 29 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
Training 5 or more people?

Get your team access to 4,000+ top Udemy courses anytime, anywhere.

Try Udemy for Business
What you'll learn
  • List and describe payroll related legislation
  • Enter new employee information into QuickBooks and describe where to get the data necessary to add a new employee
  • Set up and calculate Federal Income Tax (FIT) In QuickBooks Desktop Pro 2019
  • Describe the Federal Income Contribution Act and its components
  • Set up and calculate social security in QuickBooks Pro Desktop 2019
  • Set up and calculate Medicare in QuickBooks Pro Desktop 2019
  • Set up and calculate Federal Unemployment in QuickBooks Pro Desktop 2019
  • Describe and calculate employer payroll taxes in QuickBooks Pro Desktop 2019
  • Generate payroll journal entries from payroll reports in QuickBooks Pro Desktop 2019
  • Generate and analyze Form 941 Employer's Quarterly Federal Tax Return in QuickBooks Pro Desktop 2019
  • Generate and analyze Form 940 Employer's Annual Federal Unemployment (FUTA) Tax Return in QuickBooks Pro Desktop 2019
  • Generate and analyze Forms W-2 & W-3 in QuickBooks Pro Desktop 2019
  • Reconciling year end payroll tax forms
  • Generate and analyze a payroll register and payroll reports from QuickBooks Desktop Pro 2019
  • Describe mandatory and voluntary deductions and how they are entered into QuickBooks Desktop Pro 2019
  • List and describe types of retirement plans and how to set them up in QuickBooks Desktop Pro 2019
  • Enter comprehensive payroll problem into QuickBooks Desktop Pro 2019
  • Setup paid payroll in QuickBooks Desktop Pro 2019
  • Setup Manual payroll in QuickBooks Pro Desktop 2019
  • Process payroll in QuickBooks Pro Desktop 2019
  • Pay payroll liabilities using QuickBooks Desktop Pro 2019
Requirements
  • We should be familiar with QuickBooks and or accounting.
Description

QuickBooks Desktop Pro 2019 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 2019 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 2019 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 2019 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 2019. 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 2019 will help with the calculations as we process payroll.

The course will calculate Medicare and describe how QuickBooks Desktop Pro 2019 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 2019.

We will discuss and enter both mandatory and voluntary deductions into the QuickBooks Pro Desktop 2019 system.

The course will discuss retirement plan options, how to enter them into the QuickBooks Pro Desktop 2019 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 2019. 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 2019 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 2019 Backup files

•    Excel practice files

•    Downloadable PDF Files  

The QuickBooks Desktop 2019 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.   

Who this course is for:
  • Bookkeeper who want to learn how to use QuickBooks payroll
  • Business owners who want to learn QuickBooks payroll
  • Accounting students who want a better understanding of payroll concepts and how they are used in accounting software
  • Business professionals who want a better understanding of how payroll works
Course content
Expand all 231 lectures 22:55:54
+ Introduction
7 lectures 33:05
12 QuickBooks Payroll
02:31
Download QuickBooks Backup Files
01:41
Restore QuickBooks Backup File
10:30
Accounting Comic Break
00:14
+ Payroll Legislation & Policies
8 lectures 34:30
PDF - 20 Payroll Legislation
00:08
20 Payroll Legislation
07:53
PDF - 21 Payroll Consideration and Tax Forms
00:08
21 Payroll Consideration and Tax Forms
16:19
21.2 Payroll Consideration & Forms QuickBooks
06:33
22.2 Payroll Periods QuickBooks
02:51
Accounting Comic Break
00:14
+ New Employee Tax Forms and Data Input Into QuickBooks Pro Desktop 2019
5 lectures 24:54
PDF - 23 New Employee Tax Forms & Contractor vs Employee
00:08
23 New Employee Tax Forms & Contractor vs Employee
17:15
23.2 New Employee QuickBooks
06:42
Accounting Comic Break
00:14
+ Federal Income Tax FIT
10 lectures 40:50
PDF - 510 Federal Income Tax (FIT)
00:08
510 Federal Income Tax (FIT)
14:47
PDF - 20 Federal Income Tax FIT
00:08
20 Federal Income Tax FIT
07:14
20.2 Federal Income Tax FIT QuickBooks
06:35
PDF - 25 Federal Income Tax FIT - Percent Method
00:08
25 Federal Income Tax FIT - Percent Method
07:43
25.2 Federal Income Tax Percentage Method QuickBooks
03:24
Accounting Comic Break
00:14
+ Federal Income Contributions Act (FICA)
3 lectures 08:40
30 Federal Income Contributions Act (FICA)
08:06
Accounting Comic Break
00:14
+ Social Security Tax
7 lectures 24:57
PDF -515 Social Security
00:08
515 Social Security
11:36
PDF - 30 Social Security Tax Calculation
00:08
30 Social Security Tax Calculation
06:10
30.2 Social Security Tax QuickBooks
06:16
Accounting Comic Break
00:14
+ Medicare Tax
7 lectures 16:23
7 Medicare Tax
00:27
PDF - 520 Medicare Tax
00:08
520 Medicare Tax
06:03
PDF - 40 Medicare Tax Calculation
00:08
40 Medicare Tax Calculation
03:31
40.2 Medicare QuickBooks
05:52
Accounting Comic Break
00:14
+ Federal Unemployment & State Unemployment
7 lectures 20:57
8 Federal Unemployment & State Unemployment
00:19
PDF - 615 Federal & State Unemployment Tax
00:08
615 Federal & State Unemployment Tax
09:19
PDF - 50 Federal Unemployment Tax Act Calculation
00:08
50 Federal Unemployment Tax Act Calculation
03:43
50.2 FUTA & SUTA Taxes QuickBooks
07:06
Accounting Comic Break
00:14
+ Employer Payroll Taxes
7 lectures 24:15
9 Employer Payroll Taxes
00:17
PDF - 55 Employer Taxes Calculation
00:08
55 Employer Taxes Calculation
07:19
55.2 Employer payroll Taxes QuickBooks
06:48
PDF - 605 Taxes Employer Employee
00:08
605 Taxes Employer Employee
09:21
Accounting Comic Break
00:14
+ Payroll Expense Journal Entry
5 lectures 22:57
10 Payroll Expense Journal Entry
00:27
PDF - 70 Payroll Expense Journal Entry
00:08
70 Payroll Expense Journal Entry
10:40
70.2 Payroll Expense Journal Entry QuickBooks
11:28
Accounting Comic Break
00:14