Wednesday, September 26, 2018

How To Set Up A Yearly Salary Item In QuickBooks Payroll?


For each salary type, you are required to have a salary payroll item in order to list on a paycheck. You could not only create separate salary parts for vacation and sick but also for company officers and employees too. Every single salary item can be used for multiple people working in a company, since the wages are added in the record of their payroll. However, you can get Online QuickBooks Payroll Support if you are willing to set up a yearly salary item in QB Payroll. Besides, if you want to do so on your own, here is easy process:-


·     First off, you need to directly go to the QuickBooks Desktop menu,
·    Then, opt for ‘Click Lists’ and click ‘Payroll Item List’.
·  Click dropdown button appeared at the bottom left of the List and then choose ‘New’ option.
·     Afterwards, go to ‘Custom Setup’ and tap on ‘Next’ option.
·     Once you are done, you are required to select ‘Wage’ and then click on ‘Next’ option.
·     Go to Annual Salary option and again click on ‘Next’ option.

You ought to choose the type of pay you want to list on the paycheck. You will be able to see two specific options: Vacation Pay and Sick Pay.
(Note: If you go to the other types of pay, you need to enter it as Regular Pay.)
Click ‘Next’. For now, you have to enter a name each salary item in order to easily identify it. Again click ‘Next’. Go for the expense account, and then click ‘Finish’ option. If you want to add other salary items in your QuickBooks, repeat these steps carefully. 

Suggestion:-

Though the process is too simple to deal, you can encounter some payroll errors sooner than later. In such a case, consider taking QuickBooks Payroll Error Support would be wise and beneficial. Here, you will be provided with the optimum solution in an efficient and cost effective manner. A team of professional will guide you properly and leave no stone unturned in providing you an amazing experience.    




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