Payroll with QuickBooks
QuickBooks 2012 added a new Bonus feature; find out how it works!
Payroll is one of the most difficult and complex areas in business. This course has the answers to your payroll questions and will give you the confidence to do your own. The in-depth instruction will take you through all aspects of payroll, from the very basics to adding employee health benefits; from producing ROE forms to balancing and printing T4's. ASK Inc. believes in not only teaching the software program, but in also providing useable and practical tools to assist you.
This unique course provides actual documents that you can take back to your office and adapt to your own company. These include electronic copies of an Employee Profile Sheet (Hire Sheet), Policy and Procedure Manual, Advance Request forms, Employee Release Form, and a Stat Eligibility Calculation Form (Excel).
The following topics are covered in Payroll with QuickBooks:
- Payroll set up Overview
- Setting up Payroll Items (Creating and Editing)
- Stat Pay, Benefits (employee and employer’s share), etc.
- Creating Employees
- Editing Employee Files
- Changing New Employee Default Settings
- Preferences for Payroll & Employees
- Setting up Payroll Schedules
- Paying Employees
- Payroll Advances
- Vacation Pay/Stat Pay (Setting up and Paying Out)
- Editing, Correcting, and Reversing Entries
- Setting up Employee Benefits in detail
(Employee records and Payroll Items) - Time Slips
- Invoicing Customers from Time Sheets
- Termination Cheques
- Reduced Premium Rate for Employers (EI)
- Employee versus Self-Employed (Contractor)
- Remitting Payroll Deductions
(Receiver General and Benefits) - WCB (Setting up and Remitting)
- Payroll Reports
- Record of Employment (ROE)
- TD1 Forms
- Balancing T4's
- Printing T4's and T4 Summary
- Batch Printing
- Payroll Cheque Runs
