Having your own payroll is one way to save money for business owners. You can easily set up and run payroll in no time if you use QuickBooks Online. We will tell you what details you need and give you step-by-step guidance on how to set up and process payroll in easy steps in QuickBooks Online.
There are three things you must have before you start setting up QuickBooks payroll:
- Adequate Time
- The Proper Documentation
- The Payroll Service Key
Sit back relaxed with enough piece of time, all the papers required, the payroll services key, we are now all set to proceed. Here the steps:
- First of all, all you need is to enter your EIN.
- Now, add your payroll service key.
- You need to enter your service key now.
- Verify payroll subscription.
- Now download the quickbooks payroll and install it.
- Start quickbooks again.
- Choose the payroll setup method now.
- Now,Choose the company setup method.
- Update the information of employees.
- Enter the contact information of employees.
- Enter the Hiring information of employees.
- Enter the wages of employees.
- For direct deposit, sign up.
- Enter the tax information of employees.
- Enter the federal tax information of employees.
- Enter the state tax information of employees.
- Review the list of employees.
- Generate the paychecks.
- At last, look at the payroll center.
Every exclusive product has its drawbacks, restricting it from its smooth operation. This also refers to one of the most commonly used versions of quickbooks, quickbooks payroll.
If you are facing issues in quickbooks payroll or need some additional information, dial our Quickbooks Payroll Support Phone Number 800-986-4607.