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QuickBooks Payroll - QuickBooks Online 

  • Offered byUDEMY

QuickBooks Payroll - QuickBooks Online
 at 
UDEMY 
Overview

Duration

14 hours

Mode of learning

Online

Difficulty level

Beginner

Credential

Certificate

QuickBooks Payroll - QuickBooks Online
 at 
UDEMY 
Highlights

  • 5 hours of video content
  • Earn a certificate upon successful completion
  • Gain Lifetime Access to Courseware
Details Icon

QuickBooks Payroll - QuickBooks Online
 at 
UDEMY 
Course details

Skills you will learn
Who should do this course?
  • Bookkeeper who want to learn how to use QuickBooks Online payroll
  • Business owners who want to learn QuickBooks Online payroll
  • Accounting students who want a better understanding of payroll concepts and how they are used in accounting software
  • Business professionals who want a better understanding of how payroll works
What are the course deliverables?
  • List and describe payroll related legislation
  • Enter new employee information into QuickBooks and describe where to get the data necessary to add a new employee
  • Set up and calculate Federal Income Tax (FIT)
  • Describe the Federal Income Contribution Act and its components
  • Set up and calculate social security
  • Set up and calculate Medicare
  • Set up and calculate Federal Unemployment
  • Describe and calculate employer payroll taxes
  • Generate payroll journal entries from payroll reports
  • Generate and analyze Form 941 Employer's Quarterly Federal Tax Return
  • Generate and analyze Form 940 Employer's Annual Federal Unemployment (FUTA) Tax Return
  • Generate and analyze Forms W-2 & W-3
  • Reconciling year end payroll tax forms
  • Generate and analyze a payroll register and payroll reports
  • Describe mandatory and voluntary deductions and how they are entered into QuickBooks Online
  • List and describe types of retirement plans and how to set them up in QuickBooks Online
  • Enter comprehensive payroll problem into QuickBooks Online
  • Setup paid payroll in QuickBooks Online
  • Process payroll in QuickBooks Online
Read more
More about this course
  • QuickBooks Online 2019 payroll will describe the payroll process for a small business in detail, so bookkeepers, accountants, and business owners can better understand how to set up payroll, process payroll, and troubleshoot problems related to payroll.
  • This course will introduce the payroll set-up in the QuickBooks Online 2019 system, walking through payroll screens.
  • We will discuss payroll legislation that will affect payroll calculations within QuickBooks Online 2019 and list the payroll forms we will need to generate from Quickbooks Online.
  • The course will walk through the process of entering a new employee into the QuickBooks Online 2019 system and describe where the data would be received from in practice including Form W-4.
  • We will discuss Federal Income Tax (FIT) calculations within QuickBooks Online 2019. The course will describe how FIT is calculated, what is needed for QuickBooks Online to calculate FIT, and how to enter the data into the accounting system.
  • The course will describe the Federal Income Contributions Act (FICA) and its components.
  • We will calculate social security and describe how QuickBooks Online 2019 will help with the calculations as we process payroll.
  • The course will calculate Medicare and describe how QuickBooks Online 2019 will help with the calculations of Medicare when we process payroll.
  • We will calculate Federal Unemployment (FUTA) and discuss how FUTA is related to state unemployment (SUTA).
  • The course will describe and calculate employer taxes and discuss which taxes are employee taxes and which taxes are employer taxes.
Read more

QuickBooks Payroll - QuickBooks Online
 at 
UDEMY 
Curriculum

Introduction

Payroll Legislation & Policies

New Employee Tax Forms and Data Input Into QuickBooks Online

Federal Income Tax FIT

Federal Income Contributions Act (FICA)

Social Security Tax

Medicare Tax

Federal Unemployment & State Unemployment

Employer Payroll Taxes

Payroll Expense Journal Entry

Payroll Tax Journal Entry

Form 941 Employer's Quarterly Federal Tax Return

Form 940 Employer's Annual Federal Unemployment (FUTA) Tax Return

Form W-2 & W-3

Reconciling Year End Payroll Forms

Payroll Register and Payroll Reports

Mandatory and Voluntary Deductions

Retirement Plans

Post Tax Deductions

Net Pay Formula & Calculations

Comprehensive Problem - Paid Payroll Using QuickBooks Online

Set Up Paid Payroll In Quickbooks Online

Process Basic Payroll With One Employee In QuickBooks Online

Add 401(k) Plan & Process Payroll Using QuickBooks Online

Add Dental Insurance Employee Paid After Tax & Process Payroll

Add Vision Insurance Employee Paid Before Taxes & Process Payroll

Add Health Insurance Employer Paid & Run Payroll

Add Health Savings Account & Process Payroll

Add Garnishment & Process Payroll

Add Sick Time Off & Process Payroll

Add Salaried Employee, Setup S Corp Medical Insurance, & Run Payroll

Add Bonus & Process Payroll

Adjust Payroll Items, Add Payroll Accounts, & Analyze Reports

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QuickBooks Payroll - QuickBooks Online
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