You’ll learn how to track work and vacation time produce job costing reports generate W-2, W-3, and 1099 forms create paychecks and much more. Then you’ll review all aspects of how to set up and maintain payroll information for your employees in QuickBooks. You’ll start by learning how to prepare for the payroll process by finding the information you need on the Internal Revenue Service website, from the details of complying with withholding requirements for taxes to the process for applying for an employer identification number. Whether you have one employee or 20 employees, the federal and state requirements are often the same! However, by using the payroll feature in QuickBooks, you can master efficient techniques for creating checks, paying taxes, and generating forms and reports quickly and easily. Preparing payroll in any small business can be a daunting task.
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