Class 5 – “How Does it Work”
Learning Objectives: The objective of this class is to provide users of QuickBooks a comprehensive understanding of the payroll process to assist them in gaining confidence in administering payroll internally and information on how time tracking could provide added efficiency in monitoring and billing for time and expenses on jobs.
By attending this session, you will learn the details of:
· Processing payroll in QuickBooks
· Utilizing time tracker to support the business process
Course Content:
Taught using a combination of instructional lecture and visual exercises, this course will cover:
Payroll Administration and Processing
ü Various options and levels of payroll services
ü Setting up payroll and payroll items
ü Entering employee information, adding new employees, using defaults
ü Setting up payroll schedules and assigning to employees
ü Processing payroll
o Running a payroll schedule and paycheck
o Viewing a paycheck
o Printing a paychecks and paystubs
ü Tracking and paying payroll tax liabilities
o Running reports
o Creating liability check
Tracking Time
ü Getting started
ü Entering time data into company file
o Weekly timesheets
o Stopwatch per time activity
o QuickBooks timer program
o Online timesheets
ü Employees
o Entering time
o Entering mileage
ü Invoicing a customer for time, mileage, and other expenses
ü Displaying project reports and viewing time data in more detail
ü Creating service items
ü Nonemployees
o Entering time
o Preparing payment for time worked
Who Should Attend:
This course is designed for all levels of QuickBooks users that have payroll within their organization and are interested in learning the benefits of the program to support the business needs more efficiently.
Course Level: Beginning/Intermediate
Prerequisite: Basic working knowledge of QuickBooks functionality and terminology
Preparation: None
Delivery Method: Live Presentation
