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- #Quickbooks payroll tutorial 2017 paying taxes full
- #Quickbooks payroll tutorial 2017 paying taxes pro
If you do not wish to send the payment electronically through the product, you can select “Make Payment Myself” and the button at the bottom will change to say “Record.” This makes it clear if you are initiating an electronic payment or just marking in the payroll account that the payment was made outside of the system.Īs you can see in the examples above for QBOP in QuickBooks Online, there are several steps required to set up your payroll taxes. When you click “E-pay” your payment will send to the state agency on your behalf. You can choose to pay it earliest possible or latest possible date or some other date that you specify. If you are set up to electronically pay taxes, the following screen will show an “E-pay” button in the bottom right corner on the following screen. When you click Create Payment and this screen will show up: If the system says “Record payment” then E-Services aren’t set up, but if it says “Create payment” then they can trigger the payment through our system to be sent to the tax agency. In this case, the link says “Create payment” rather than “Record payment”. In this example, the federal taxes withheld and the state taxes withheld are due, while unemployment taxes are accruing for the quarter.Ĭlick Pay Taxes and this screen will show up: After checks are processed, the next step is to process all the payments of the taxes due. For example, federal taxes can be paid monthly, quarterly or right after they run payroll (Semi-Weekly).Īfter your payroll setup is complete, it’s time to run payroll. This is the area where you can set up the frequency in which they pay payroll taxes. Go back into the gear and Payroll Settings. It can be adjusted later, but the process is much smoother if you do this now. It is critical that at this point you enter the correct Unemployment rates here. Now that you have added employees for withholding purposes, you are ready to move to the tax setup where you will provide the employer account numbers, choose a payment schedule (such as semi-weekly, monthly or quarterly or another variation) and set up State Quarterly Unemployment tax rates. When you select from the drop down and fill in the dates, it comes up with the next four pay periods and associated pay dates so you can verify it’s correct. The next question also makes processing payroll super easy: setting up payroll schedules. You can EVEN email the employee access to an online portal for them to enter their personal information that is listed on a W-4. QuickBooks online makes this step super easy as you navigate through the setup. For most states, you can also get set up to pay and file your state taxes electronically After that’s filled out, you need to click Employees on the left and then click GET SET UP. We recommend you choose E-pay and e-file which will require getting set up with an EFTPS account to pay and file federal taxes. When you select the first box, E-file, and e-pay: We will focus on withholding and paying taxes. QuickBooks Online navigates through the steps with you, but due to the complexity of setting up historical payroll values, we recommend clients work with a payroll specialist certified in QuickBooks Online to make sure the entries balance and tie to the payroll tax returns already filed.Īfter ordering QuickBooks Online Payroll (QBOP), go to the gear and select payroll to get started with the required setup before you can run payroll.Įach section requires completion.
#Quickbooks payroll tutorial 2017 paying taxes pro
Pro Tip: There are additional considerations when a client is setting up QuickBooks Online Payroll when checks have already been written for the current year.
#Quickbooks payroll tutorial 2017 paying taxes full
There are two choices, “Done for you” and “Do it Yourself.” QuickBooks® Full Service Payroll is the “Done for you” option, which means Intuit takes over all the necessary steps to pay your client’s payroll taxes, filing federal, state and local tax quarterly and annually.įor purposes of this article, we will discuss the steps required in paying payroll taxes using QuickBooks® Online Payroll, otherwise known as “Do it Yourself” and assuming it is a brand new client without history.
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When your clients sign up for a payroll service using integrated Intuit® payroll, their selection will affect your involvement in preparing payroll taxes.