3/22/2019 0 Comments Quickbooks For Mac Online HelpMoving your QuickBooks Desktop for Mac file to QuickBooks Online? Here's a step-by-step guide to help you get it done. If you are using QuickBooks for Windows, refer instead to Convert QuickBooks Desktop file into QuickBooks Online (US only). Step 1: Review some critical information before you start converting your file. If you are using a QuickBooks for Mac version older than 2016, download. If you have not yet set up payroll accounts in QuickBooks Mac, Intuit will set them up for you the first time you export data into QuickBooks Mac. Just enter the account names you prefer at the Export Preferences page following the instructions in Step 3. If your QuickBooks Mac company already contains appropriate accounts, you can choose the accounts directly from your QuickBooks Mac Chart of Accounts. If you need to add an account (perhaps for a new deduction), type the name you want for the account in the field and they will be set up the account in your QuickBooks Mac company the first time you transfer data. • On the Chart of Accounts, find the name of the bank account you use to write payroll checks and the expense accounts for employee wages and employer payroll taxes. Find the liability accounts you use for tax and deduction liabilities. (For cash advance and loan repayment, use asset accounts.) • If you use subcategories or subaccounts, use a colon to separate the category name from the subcategory; for example: Payroll:Gross Wages (no space before or after the colon) • Set up QuickBooks Mac classes. Click Customize to enter the account names exactly as they appear in QuickBooks Mac or select from the drop-down list. • When entering accounts, read the help topics next to each field to choose the right account type. In general, enter or select an expense account for the Wage and Tax Categories. For the Liability accounts, enter or select the corresponding QuickBooks Mac Liability account. • If using a cash advance or employee loan deduction, enter or select an asset account to receive the payroll data • If you use different accounts for different groups of employees, select that option in the wage/tax category section to enter or select different QuickBooks Mac accounts for each employee. • If you use different accounts for different types of wages/taxes, select that option in the wage/tax category section to enter or select different QuickBooks Mac accounts for each pay type and tax type • Specify whether you use QuickBooks Mac classes. • If classes are selected, you will enter them on the next page after clicking OK at the bottom of this page. • What to do after you create paychecks or tax payments. The Bank account transaction contains splits that affect multiple accounts, depending on the number of accounts you selected to receive deductions: • A split appears for the Wage Account you specified in the export preferences. • A split appears for the Tax Account you specified in the export preferences. • One or more splits appear for each Liability account for federal, state and local taxes owed. • Additional splits are entered for each deduction/garnishment, one for the employees deduction and one for any company contribution. QuickBooks is an accounting software that handles all the matters of payrolls, inventory, accounting and sales etc. Of small business. It has many useful features that are necessary for the proper maintenance of small businesses like importing and organizing your bank transactions, tracking your business expenses in order to keep an eye on the expenditure and also to keep track of taxes. Download vmware tools for mac osx. But these features are sometimes enveloped by the sheer number of issues or problems that linger in and around QuickBooks. Features of QuickBooks Software: The QuickBooks software comes with new and enticing features that make it the desired software for those who run their startups or other businesses. The list is endless, but here are few of the exciting features: • Manage all your bill payments efficaciously. • Secures your precious data and protects it from vulnerable thefts. • Creates a backup of your files on its own for future reference. • Helps to generate reports easily • Allows you to send entries directly without facing the hassles of printing the document or converting it into PDF To know more about the features, you can directly get in touch with the officials at. QuickBooks Services, We Provide Every technology comes with its own pros and cons.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
March 2019
Categories |