QuickBooks Payroll - QuickBooks Online

Processing QuickBooks Online payroll for a small business, generating paychecks, processing payroll tax forms

4.57 (372 reviews)
Udemy
platform
English
language
Other
category
QuickBooks Payroll - QuickBooks Online
20,683
students
14 hours
content
Jun 2019
last update
$99.99
regular price

What you will learn

List and describe payroll related legislation

Enter new employee information into QuickBooks and describe where to get the data necessary to add a new employee

Set up and calculate Federal Income Tax (FIT)

Describe the Federal Income Contribution Act and its components

Set up and calculate social security

Set up and calculate Medicare

Set up and calculate Federal Unemployment

Describe and calculate employer payroll taxes

Generate payroll journal entries from payroll reports

Generate and analyze Form 941 Employer's Quarterly Federal Tax Return

Generate and analyze Form 940 Employer's Annual Federal Unemployment (FUTA) Tax Return

Generate and analyze Forms W-2 & W-3

Reconciling year end payroll tax forms

Generate and analyze a payroll register and payroll reports

Describe mandatory and voluntary deductions and how they are entered into QuickBooks Online

List and describe types of retirement plans and how to set them up in QuickBooks Online

Enter comprehensive payroll problem into QuickBooks Online

Setup paid payroll in QuickBooks Online

Process payroll in QuickBooks Online

Why take this course?

QuickBooks Online payroll will describe the payroll process for a small business in detail, so bookkeepers, accountants, and business owners can better understand how to set up payroll, process payroll, and troubleshoot problems related to payroll.

This course will introduce the payroll set-up in the QuickBooks Online system, walking through payroll screens.

We will discuss payroll legislation that will affect payroll calculations within QuickBooks Online and list the payroll forms we will need to generate from Quickbooks Online.

The course will walk through the process of entering a new employee into the QuickBooks Online system and describe where the data would be received from in practice including Form W-4.

We will discuss Federal Income Tax (FIT) calculations within QuickBooks Online. The course will describe how FIT is calculated, what is needed for QuickBooks Online to calculate FIT, and how to enter the data into the accounting system.

The course will describe the Federal Income Contributions Act (FICA) and its components.

We will calculate social security and describe how QuickBooks Online will help with the calculations as we process payroll.

The course will calculate Medicare and describe how QuickBooks Online will help with the calculations of Medicare when we process payroll.

We will calculate Federal Unemployment (FUTA) and discuss how FUTA is related to state unemployment (SUTA).

The course will describe and calculate employer taxes and discuss which taxes are employee taxes and which taxes are employer taxes.

We will describe payroll journal entries and discuss how payroll data is populated in the QuickBooks Online reports and financial statements including the profit and loss and balance sheet.

We will discuss and enter both mandatory and voluntary deductions into the QuickBooks Online system.

The course will discuss retirement plan options, how to enter them into the QuickBooks Online system, and how they are used to calculate net income and payroll taxes.

We will work a comprehensive problem, processing payroll within QuickBooks Online. The comprehensive problem will use the paid QuickBooks Online feature.

The comprehensive problem will start very basic with one employee and will increase in complexity as we enter more benefits and payroll details each year.

Screenshots

QuickBooks Payroll - QuickBooks Online - Screenshot_01QuickBooks Payroll - QuickBooks Online - Screenshot_02QuickBooks Payroll - QuickBooks Online - Screenshot_03QuickBooks Payroll - QuickBooks Online - Screenshot_04

Our review

--- **Overview of Course Ratings and Feedback:** **Pros:** - **Comprehensive Content:** Students appreciate the thorough coverage of payroll processes within QuickBooks Payroll, with many noting that the course effectively covered topics they found challenging or incomplete in previous learning experiences. - **Expert Instructor:** Bob is commended for being knowledgeable, responsive, and willing to help students understand complex concepts. - **Real-world Application:** The course includes practical business situations and figures, which enhances the learning experience by showing how the knowledge applies in real life. - **Effectiveness in Learning Outcomes:** Several students report feeling competent and confident in keeping payroll records for clients after completing the course. - **Quality of Instruction:** Instructors are noted for their detailed explanations, clarity, and effectiveness in teaching the material. - **Positive Impact on Careers:** Many learners believe that this course has significantly benefited their careers, particularly those aiming to work with US clients or seeking to fill knowledge gaps after prior payroll courses. **Cons:** - **Repetition Concerns:** Some students find the course material to be repetitive, which while initially confusing, can aid in memorization and understanding of key concepts. - **Presentation and Material Quality:** A few reviews criticize the graphics for being childish and unprofessional, and some highlight redundancy and poor quality slides/resources that could be streamlined. - **Usability Issues:** There are complaints about the course not being fully optimized for mobile devices, with a specific issue of the video not going full screen on certain models like the iPhone, affecting the viewing experience. - **Outdated Content:** Some learners suggest the course could be updated to reflect the most current version of QuickBooks Payroll, as there are mentions of an older version being used. - **Verbose and Monologue Style:** The course is described as having verbose narration with a monologue style that may be overwhelming for some students, especially when presented with too much information at once. - **PDF Content Concerns:** While the video content is praised, some students find the accompanying PDF materials to lack sufficient detail and depth. **Additional Notes:** - **Pricing Considerations:** Some learners mention the cost-effectiveness of the Core plan but note that higher-tier plans can become expensive as the team or client base grows. - **Automation and Reporting:** QuickBooks Payroll is highly regarded for its automatic calculation, filing, and payment of federal and state payroll taxes, as well as its comprehensive reporting capabilities. **Final Thoughts:** Overall, this course receives high marks for its depth of content, quality of instruction, and practical real-world application. However, learners recommend improvements in presentation style, mobile usability, and updating content to ensure relevance with the latest software features. Despite these areas for improvement, the course remains a valuable resource for those looking to master QuickBooks Payroll and enhance their accounting career.

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Related Topics

2174718
udemy ID
1/25/2019
course created date
9/28/2019
course indexed date
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