Udemy

Platform

English

Language

Other

Category

QuickBooks Payroll - QuickBooks Online

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

4.28 (93 reviews)

4267

Students

14 hours

Content

Jun 2019

Last Update
$129.99
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


Description

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
QuickBooks Payroll - QuickBooks Online
QuickBooks Payroll - QuickBooks Online
QuickBooks Payroll - QuickBooks Online

Content

Introduction

Introduction

PDF Payroll Introduction

10 Payroll Introduction

12 Why Learn Payroll Using QuickBooks Online

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Payroll Legislation & Policies

2 Payroll Legislation & Policies

PDF - 20 Payroll Legislation

20 Payroll Legislation

21-Federal-Income-Contributions-Act-FICA

21 Payroll Consideration and Tax Forms

21.2 Payroll Considerations & Forms QuickBooks

22.2 Payroll Periods QuickBooks

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New Employee Tax Forms and Data Input Into QuickBooks Online

3 New Employee Tax Forms and Data Input

PDF - 23-New-Employee-Tax-Form-Contractor-vs-Employee (2)

23 New Employee Tax Forms & Contractor vs Employee

23.2 New Employee QuickBooks

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Federal Income Tax FIT

4 Federal Income Tax FIT

PDF - 510 Federal Income Tax (FIT)

510 Federal Income Tax (FIT)

PDF - 20-Federal-Income-Tax-FIT-Tables

20 Federal Income Tax FIT

20.2 Federal Income Tax QuickBooks

PDF - 25-Federal-Income-Tax-FIT-Percent-Method

25 Federal Income Tax FIT - Percent Method

25.2 Federal Income Tax Percentage Method QuickBooks

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Federal Income Contributions Act (FICA)

5 Federal Income Contributions Act (FICA)

30 Federal Income Contributions Act (FICA)

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Social Security Tax

6 Social Security Tax

PDF - 515 Social Security

515 Social Security

PDF - 30-OASDI-Calculation

30 Social Security Tax Calculation

30.2 Social Security Tax QuickBooks

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Medicare Tax

7 Medicare Tax

PDF - 520 Medicare Tax

520 Medicare Tax

PDF - 40-HI-Calculation

40 Medicare Tax Calculation

40.2 Medicare QuickBooks

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Federal Unemployment & State Unemployment

8 Federal Unemployment & State Unemployment

PDF - 615-Federal-State-Unemployment-Tax

615 Federal & State Unemployment Tax

PDF - 50-FUTA

50 Federal Unemployment Tax Act Calculation

50.2 FUTA & SUTA Taxes QuickBooks

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Employer Payroll Taxes

9 Employer Payroll Taxes

PDF - 55-Employer-Taxes

55 Employer Taxes Calculation

55.2 Employer payroll Taxes QuickBooks

PDF - 605 Taxes Employer - Employee

605 Taxes Employer Employee

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Payroll Expense Journal Entry

10 Payroll Expense Journal Entry

PDF - 70-Payroll-Expense-Journal-Entry

70 Payroll Expense Journal Entry

70.2 Payroll Expense Journal Entry QuickBooks

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Payroll Tax Journal Entry

11 Payroll Tax Journal Entry

PDF - 80-Payroll-Tax-Expenses-Journal-Entry

80 Payroll Tax Expense Journal Entry

80.2 Payroll Tax Journal Entry QuickBooks

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Form 941 Employer's Quarterly Federal Tax Return

12 Form 941 Employer's Quarterly Federal Tax Return

PDF - 620-Form-941

620 Form 941

PDF - 100-Form-941

100 Form 941

100.2 Form 941 QuickBooks

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

13 Form 940 Employer's Annual Federal Unemployment (FUTA) Tax Return

PDF - 625-Form-940 (2)

625 Form 940

PDF - 110-Form-940

110 Form 940

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Form W-2 & W-3

14 Form W-2 & W-3

PDF - 630-W-2-W-3

920 Form W-3

PDF - 120-W-2-W-3

120 Form W-3 & W-2

120.2 Form W-3 QuickBooks

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Reconciling Year End Payroll Forms

15 Reconciling Year End Payroll Forms

130 Reconciling Year End Payroll Forms

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Payroll Register and Payroll Reports

16 Payroll Register and Payroll Reports

PDF -330 Payroll Register

330 Payroll Register

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Mandatory and Voluntary Deductions

17 Mandatory and Voluntary Deductions

PDF - 415 Deductions From Gross Pay

415 Deductions From Gross Pay

415.5 Mandatory and Voluntary Deductions QuickBooks

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Retirement Plans

18 Retirement Plans

PDF - 420 Retirement Plans

420 Retirement Plans

420.5 Retirement Plans QuickBooks

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Post Tax Deductions

19 Post Tax Deductions

PDF - 425 Post Tax Deductions

425 Post Tax Deductions

425.2 Post Tax Deductions QuickBooks

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Net Pay Formula & Calculations

20 Net Pay Formula & Calculations

PDF - 505 Net Pay Calculation

505 Net Pay Calculation

505.2 Net Pay Calculation QuickBooks

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Comprehensive Problem - Paid Payroll Using QuickBooks Online

21 Comprehensive Problem - Paid Payroll Using QuickBooks Online

Comp Prob 1 - Set Up Paid Payroll In Quickbooks Online

250 Paid Payroll QuickBooks Online New Company

255 Purchase Payroll Payroll Options

257 Payroll Set Up Process After Purchased

258 Add Checking Account to Chart of Accounts

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Comp Prob 1 - Process Basic Payroll With One Employee In QuickBooks Online

260 Process Payroll Plain Payroll

261 Payroll Tax Forms & Payment Set Up

262 Payroll Forms After Plain Payroll Financials & 941

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Comp Prob 1 - Add 401(k) Plan & Process Payroll Using QuickBooks Online

264 Add 401(K) Payroll Item

266 Process Payroll With 401(K) Plan

268 Payroll Forms After Payroll With 401(K) Plan

270 Process Payroll 401 K Employer Match

272 Payroll Forms After 401(K) With Employer Matching

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Comp Prob - Add Dental Insurance Employee Paid After Tax & Process Payroll

274 Payroll Item Setup Dental Insurance Employee Paid After Tax

276 Process Payroll After Adding Dental Insurance Employee Paid After Tax

278 Reports After Payroll Item Setup Dental Insurance Employee Paid After Tax

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Comp Prob 1 - Add Vision Insurance Employee Paid Before Taxes & Process Payroll

280 Payroll Item Setup Vision Insurance Employee Paid Before Taxes

282 Process Payroll with Vision Insurance Employee Paid Before Taxes

284 Payroll Reports After Vision Insurance Employee Paid Before Taxes

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Comp Prob 1 - Add Health Insurance Employer Paid & Run Payroll

285 New Employee Add

286 Payroll Item Setup Health Insurance Employer paid

288 Process Payroll With Health Insurance Employer paid

290 Payroll Reports With Health Insurance Employer Paid

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Comp Prob 1 - Add Health Savings Account & Process Payroll

298 Payroll Item Setup Health Savings Account

300 Process Payroll With Health Savings Account

302 Payroll Forms Health Savings Account

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Comp Prob 1 - Add Garnishment & Process Payroll

304 Payroll Items Setup Garnishments

306 Process Payroll With Garnishments

308 Payroll Forms With Garnishments

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Comp Prob 1 - Add Sick Time Off & Process Payroll

310 Payroll Item Setup Paid Sick Time Off

312 Process Payroll With Paid Sick Time Off

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Comp Prob 1-Add Salaried Employee, Setup S Corp Medical Insurance, & Run Payroll

314 S-Corp Owner Payroll & S Corp Medical Insurance Item Setup

316 Process Payroll With S Corp Medical Insurance Item Setup

318 Payroll Forms With S Corp Medical Insurance Item Setup

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Comp Prob 1 - Add Bonus & Process Payroll

320 Process Payroll That Includes A Bonus

322 Process Payroll Forms With Year End Bonus

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Comp Prob 1 - Adjust Payroll Items, Add Payroll Accounts, & Analyze Reports

328 Payroll Report Compared To Income Statement

330 Setup Owner Payroll Expense Account

335 Form W-3

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Reviews

D
Debbie2 June 2020

This course offers more than I expected. I am very pleased that I made the choice to take it. This filled in the blanks on stuff that I did not understand when I took my Payroll course.

K
Karina24 May 2020

Very detailed course. I enjoy the content and breakdown. It appears it could've been an older version of QBO being used but I was able to follow along without using the test company.

M
Marcia10 April 2020

Excellent class! Initially, I thought that the information was being a bit repetitive but then to realize that that was a great thing to memorize my way around on the program. Thank you

E
Eugenia29 July 2019

I like it that Bob consistently showed how payroll affects Balance Sheet and Income statement. Very thorough. Always reminding about how the numbers were computed. Now I know how QB payroll works. Excellent job!

R
Ricardo29 July 2019

Great match! I appreciate the lessons so far; am looking forward to learning so much more. Thank you for simplifying such a complicated subject for me.

I
Ivana7 April 2019

A great course with real life business situations and figures regarding payroll. The explanations are detailed, clear and easy-to-follow. After covering this course I feel competent to keep payroll records for business clients. Bob is always very responsive and more-than-willing to help.



Coupons

StatusDateDiscount
Expired9/28/2019100% OFF

2174718

Udemy ID

1/25/2019

Course created date

9/28/2019

Course Indexed date
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