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QUICKBOOKS DESKTOP PAYROLL CANADA HOW TO

At the bottom of the screen under Other Activities, click Manage Payment Methods.

To do this, go to Employees then Payroll Taxes and Liabilities then Pay Scheduled Liabilities. To schedule and pay your federal and state tax liability in QuickBooks, you must first set up your payment schedule.

The rest of the setup should be fine, so click Next until you reach the end then click Finish.

Add each quarter employment tax rate for the current year (for Minnesota and Wisconsin, all four quarters are the same).

Verify that the liability and expense accounts for the payroll item are correct and click Next.

Right-click on it, then click Edit Payroll Item from the pop-up menu click Next.

Find the liability in the list: MN – Unemployment Company or WI – Unemployment Company.

QUICKBOOKS DESKTOP PAYROLL CANADA HOW TO

For those items that are not updated automatically (such as state unemployment tax rates), adding or modifying them is very simple.įor an example, here is how to update the Minnesota and Wisconsin unemployment tax rate: Annual limits such as the Social Security tax wage limit update automatically at the start of each year. Most common pay items and tax types are set up automatically during the initial payroll setup. This report will allow us to verify changes in Earnings, review employee Earnings history for Human Resource purposes and allow us to budget potential raises in the future based upon historical data.If you have QuickBooks payroll for Desktop, tracking and paying payroll liabilities can be a quick way to be reminded when your payroll deposits are due and how much is owed.

Amount Paid: The exact amount of each Earnings item in the paycheck.

Payroll Item: The name of the Earnings payroll item that is affected by the change.

This can be a positive/negative figure, depending on the change if it is a raise or a fall.

% Change: The percentage rate of the change.

Current Rate: The pay rate of the paycheck of the employee after the change.

Previous Rate: The pay rate of the paycheck of the employee prior to the change.

Paycheck Date: The date of the paychecks when the change came into effect.

Pay Period : The pay period of the paychecks when the change came into effect.

This report features changes to the rate of the Earnings items in the paycheck, such as Salary, Hourly, Bonus and Commission. By default, if there’s a change in at least one of the Earnings items in the paycheck, all the Earnings items in that paycheck will be featured in the report to avoid misleading the customer into thinking that they have missing payroll items in the paycheck that they created. Click OK on the pop-up message that shows in your screen.

In your QuickBooks Desktop menu, select Report > Employees & Payroll > Employees Pay Adjustments History.Now, you can see all changes in earnings in one report. The report does not track the overall sum paid to the employee, but instead, strictly the rate of Earnings payroll items paid to an employee. These changes can mean adjustments to the following: It highlights the changes of the Earnings items in the paychecks and when those changes came into effect. The Employee Pay Adjustments History report tracks employee pay rate changes over a customizable time period.