Copyright 2016 McGraw-Hill Education. All rights reserved. No
reproduction or distribution without the prior written consent of
McGraw-Hill Education. C OMPUTER A CCOUNTING WITH Q UICK B OOKS
2015 C HAPTER 11 Donna Kay
Slide 2
11-2 C HAPTER 11 O VERVIEW Enable Payroll Set Up Payroll Create
Employee List Print Paychecks Pay Payroll Liabilities Print Payroll
Forms and Reports
Slide 3
11-3 E NABLE P AYROLL 1. Select Edit > Preferences 2. Select
Payroll & Employees 3. Select Company Preferences 4. Select
Full Payroll 5. Display Employee List by: Last Name 6. Select
OK
Slide 4
11-4 P AYROLL O PTIONS When you process QuickBooks payroll, you
can: Calculate payroll manually (Chapter 11) Use a QuickBooks
payroll service (Chapter 6)
Slide 5
11-5 Q UICK B OOKS P AYROLL S ERVICES QuickBooks Payroll
Services automatically calculates tax withholdings and requires an
Internet connection QuickBooks Payroll Services include: Basic
Payroll Enhanced Payroll Assisted Payroll
Slide 6
11-6 C ALCULATE P AYROLL M ANUALLY 1. Select Help >
QuickBooks Help 2. Search process payroll manually 3. Select Search
icon 4. Select Process Payroll Manually (without a subscription to
QuickBooks Payroll) 5. Select manual payroll calculations link
Slide 7
11-7 C ALCULATE P AYROLL M ANUALLY 6. Select Set my company
file to use manual calculations 7. Select OK
Slide 8
11-8 Q UICK B OOKS M ANUAL P AYROLL After you enable QuickBooks
to process payroll manually Go to Payroll Setup Enter Employee List
Enter Time Pay Employees Pay Liabilities Process Payroll Forms
Slide 9
11-9 P AYROLL S ETUP Use QuickBooks Payroll Setup to enter
information such as: Employee compensation Employee benefits Other
additions and deductions Employee tax information
Slide 10
11-10 P RINT P AYCHECKS 1. Select Pay Employees 2. Select Bank
Account 3. Enter Pay Period Ends 4. Enter Check Date 5. Select
Employee 6. Select Continue
Slide 11
11-11 P RINT P AYCHECKS 7. Select Employee 8. Select Open
Paycheck Detail
Slide 12
11-12 P REVIEW P AYCHECKS 1. - 6. Enter Employee withholding
information 7. Select Save & Close
Slide 13
11-13 P RINT P AYCHECKS 8. Select Print paychecks from
QuickBooks 9. Select Create Paychecks 10. Select Print
Paychecks
Slide 14
11-14 P AYROLL L IABILITIES Payroll liabilities consist of:
Federal income tax withheld State income tax withheld FICA FUTA
SUTA
Slide 15
11-15 P AYROLL F ORMS Common payroll tax forms: Form 941 Form
940
Slide 16
11-16 T O L EARN M ORE See Chapter 11 Visit the Online Learning
Center www.mhhe.com/kay2015 Visit www.My-QuickBooks.com
www.mhhe.com/kay2015 www.My-QuickBooks.com