Payroll is an important feature in QuickBooks. By using payroll feature you can simply enter in hours. You can review automatic payroll tax calculations and pay by direct deposit or print checks. In this post, we are going to discuss How to enter Employee’s Prior Payroll in QuickBooks Online?
Advantages of Payroll in QuickBooks Online
Before discussing How to enter Employee’s Prior Payroll in QuickBooks Online? Let us discuss some of the advantages of using payroll in QuickBooks online:
- With the help of payroll feature, customers can easily access payroll within QuickBooks Online.
- Users can run payroll in QuickBooks Online in just a few clicks.
- You can efficiently reconcile clients’ payroll through QuickBooks Online Accountant and also payroll data automatically posts to the general ledger.
- With the help of QuickBooks Online payroll, users can access updated reports, such as wage summary report and the tax, so you can tie payroll amounts to the trial balance.
Payroll features you’ll find inside QuickBooks
After discussing the features we will discuss How to enter Employee’s Prior Payroll in QuickBooks Online?
Setup in Minutes
Easily enter your employee and business information.
You Just have to type hours for up to 50 employees and you are ready to go
Your Payroll Taxes Calculated
Payroll feature in QuickBooks can Handle payroll taxes all from within QuickBooks.
You can set automatic reminders so that You never miss a payroll again.
Simple Payroll inside QuickBooks
You can Enter overtime or deductions and in hours, review your payroll and submit, all from within QuickBooks online
Run payroll as many times as you require in each month, with no extra cost.
You can Review your payroll detail with just few click on a detailed report, right inside QuickBooks.
Payroll Taxes and Year End W-2s
Payroll can automatically calculate Quarterly and year-end payroll taxes for you. You Just have to click to e-pay and e-file from QuickBooks.
Live Payroll Experts
QuickBooks support team is available 24×7 and you can get any help from them
Time-saving features Payroll in QuickBooks Online
Before discussing How to enter Employee’s Prior Payroll in QuickBooks Online? Let us discuss some of the Time–saving features Payroll in QuickBooks Online:
- Pay and manage bills
- unlimited invoices send
- You pay and file taxes from within QuickBooks Online
- Print and prepare 1099s
- Inventory tracking
- Send and create purchase orders
- Clients can run payroll, anytime and anywhere with the Online Payroll mobile app
- Track income and expenses
- Get answers fast with chat support and free phone from U.S.-based payroll experts
Information available in previous payroll service
Let us discuss data available in previous payroll service in QuickBooks. After discussing this we will go through How to enter Employee’s Prior Payroll in QuickBooks Online?
Payroll totals for the current quarter by pay date
This payroll report include: Pay Period & Date
- Net Pay
- Tax Amounts (by tax type)
- Deduction Amounts (by deduction type, pre-tax and after-tax)
- Pay Period & Date
- Gross Wages (by pay type)
All tax payments paid this year
This report contains information related to
- Type of Tax Payment
- Total Taxes Paid
- Date of Payment
Year to Date Totals for Each Employee (Including Terminated Employees):
This Report includes following information
- Net Pay
- Tax Amounts
- Gross Wages
- Deduction Amounts Net Pay
How to enter Employee’s Prior Payroll in QuickBooks Online?
After we have to discuss the features of payroll in QuickBooks online. Let us discuss few simple steps How to enter Employee’s Prior Payroll in QuickBooks Online? Check the steps below:
Step 1: In the first step, you have to click on Employees,
Step 2: In this step, you have to select the name of the employee.
Step 3: Choose the Enter [tax year] prior pay details.
Step 4: in this step, you have to Click Ye and then select Next.
Step 5: you have to type the YTD totals as of today for the selected employee, and then click Next.
Step 6: you have to Enter the YTD totals as of the previous quarter of selected employee, and then click on Next.
Step 7: to enter company payroll totals on each payday for the current quarter, you have to click on Click Add pay date
Step 8: you have to enter totals of the taxes from previous payroll provider reports or forms, On the paycheck history quarterly detail
Step 9: the last step is to click on Done.
Hopefully, you have got the clear idea of How to enter Employee’s Prior Payroll in QuickBooks Online?. In case of any issue or if you are getting any error you can contact the QuickBooks tech support team for further guidance. You can contact them by calling on their toll-free number or by emailing them your query. You can also contact them through online chat support team.