Payroll Setup Checklist 011608 - Intuit

Payroll Setup Checklist Gather the following items before you start setting up Payroll . You'll need this information to quickly and accurately set up your account and avoid problems later when you start using QuickBooks Payroll . 1. Company Information Even though you've already set up your company file in QuickBooks, the Payroll Setup interview requires the following information about your company: Company bank account information; only required if you'll be paying employees by direct deposit or e paying taxes (use a voided check, not a deposit slip, of the bank account you'll use to pay employees) Types of compensation you give to your employees, such as hourly wages, salaried wages, bonuses, commissions, and tips Types of benefits you offer your employees, such as health insurance, dental insurance, 401k retirement plan, vacation/sick leave, Flexible Spending Account (FSA) Types of other additions and deductions you provide for your employees, such as cash advances, mileage reimbursements, union dues, and wage garnishments 2.

tax from your pay. Consider completing a new Form W-4 each year and when your personal or financial situation changes. to claim on all jobs using worksheets from only Head of household. Generally, you may claim head of household filing status on your tax return only if you are unmarried and pay more than 50% of the costs of keeping up a home

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