Showing posts from December, 2011

Intuit QuickBooks Payroll

Payroll Update: Revised Tax Tables Intuit has released Payroll Update 21202 , which includes revised tax tables and forms updates and reflects the Temporary Payroll Tax Cut Continuation Act of 2011 signed by President Obama on December 23, 2011. To see the complete contents of this update, click here . How do I get the Payroll Update? It's important that you receive everything in the Payroll Update to make sure that you are in compliance with legislation that affects your payroll. Just follow these three simple steps: Check to see if you have Automatic Updates turned on. -- Choose Help > Update QuickBooks. -- On the Options tab, you will see either Yes or No selected for Automatic Update. If Yes is selected, you should receive all Payroll Updates automatically when they are released the next time you are connected to the internet. You can verify that you received Payroll Update 21202 from within QuickBooks. Go to Employees > Get Payroll Updates

The First Payroll of the Year can be Tricky

Print the Payroll Summary for the last payroll of the year for both employees and employers . In QuickBooks: Select Employees -> Get Payroll Updates -> Verify that your tax table version is 21201. If Not? Select Update in that window. When you run Payroll next week, please make sure that the EmployER Social Security is MORE than the EmployEE Solial Security. IF they agree? We have a problem. NOTE:  In the final example, EmployEE Social Security is 66.76 in the middle section. EmployER Social Security is 98.55 in the bottom section. Image examples: Thanks For Reading!  Good Luck everyone! Got a QuickBooks Mess? Call the QuickBooks Gal! 775.348.9225