LESSON 12 Doing payroll with QuickBooks

317 LESSON 1212 LESSON objectives, 318 Supporting materials, 318 Instructor preparation, 318To start this LESSON , 318 Overview of payroll tracking, 319 Calculating payroll with QuickBooks , 320 Setting up for payroll , 321 Understanding payroll items, 321 Setting up employee payroll information, 323 What information does QuickBooks store?, 323 Using the employee defaults to store common information, 327 Setting up payroll schedules, 330 Assigning employees to pay schedules, 334 Adding a new employee, 336 Running a payroll schedule, 340 Viewing the paycheck, 343 Printing paychecks and paycheck stubs, 344 Tracking your tax liabilities, 344 Paying payroll taxes, 347 Figuring out what you owe, 347 Writing a check for payroll taxes, 348 Doing payroll with QuickBooks318 Doing payroll with QuickBooksLesson objectives To gain an overview of payroll in QuickBooks To learn more about payroll setup To set up employee payroll information To set up payroll schedules To practice writing and printing a payroll check To learn how QuickBooks tracks your tax liabilities To practice paying payroll taxesSupporting materials Handout 8.

321 LESSON 12 Setting up for payroll By default, the QuickBooks payroll feature is turned on and it is turned on in the exercise file. If you want to turn off payroll in your own company file, follow the

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