QuickBooks Day 4- Employees and Payroll

Course Objectives:  

Upon the successful completion of this lesson, you should know how to: 

• set up payroll. 
• work with the Employee Centre. 
• add new employees and edit employee data. 
• maintain current tax tables. 
• create payroll schedules. 
• produce and print payroll cheques. 
• print pay stubs. 
• prepare PD7A summary report. 
• create payroll reports. 
• remit payroll deductions and company contributions to Canada Revenue Agency. 
• handle employee departures and prepare records of employment record deposits. 
• print T4 slips and T4 summary forms. 

 Course Content: 

 Employees and Payroll, Reporting 

• Work with the Employee Centre 
• Set up payroll 
• Create a payroll item 
• Create employee record defaults 
• Add new employees 
• Edit employee data 
• Maintain current tax tables 
• Create payroll schedules 
• Produce and print payroll cheques 
• Print pay stubs 
• Pay vendor bills 
• Prepare PD7A summary report 
• Create payroll reports 
• Produce and print cheque for payroll liabilities 

Additional Payroll Features 

• Check the version of the tax table 
• View and update the payroll item list 
• Create pay cheque deduction items 
• Create employee benefit items 
• Update employee payroll records 
• Allocate payroll expenses to classes 
• Generate payroll runs 
• Handle employee advances 
• Work with time tracking 
• Remit payroll deductions and company contributions to Canada Revenue Agency 
• Handle employee departures and prepare records of employment record deposits 
• Print T4 slips and T4 summary forms 
• Update personal tax credits