Changes for page Creating and Personalizing Employer Paid Items
Last modified by Peytience S on 2023/10/30 19:06
From version 1.1
edited by christie w
on 2023/01/12 17:36
on 2023/01/12 17:36
Change comment:
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To version 2.1
edited by christie w
on 2023/02/01 22:12
on 2023/02/01 22:12
Change comment:
There is no comment for this version
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... ... @@ -1,2 +1,51 @@ 1 +There are several items in payroll that are paid by the company. The payroll program creates the **Federal Unemployment, State Unemployment, Social Security, **and **Medicare **taxes paid by the company for you. Other items paid by the company can be set up and tracked in your payroll program, for example a company contribution to a retirement plan, or a company paid medical insurance. 1 1 3 +* 4 +** In your payroll program, go to the **"Payroll Items"** screen. 2 2 6 +* 7 +** If the new **Employer Paid** item will apply to all employees, select **"Employee List Settings" **in red at the top of the listing of your employees to the left. 8 + 9 +* 10 +** If the item is to be assigned to just a few employees, select one of the employees from the list. 11 + 12 +* 13 +** Click on the green **"New"** button in the **"Employer Paid" **items section. 14 + 15 +* 16 +** Enter a name for the item being created, for example "Employer Pension". 17 + 18 +* 19 +** From the **"Type" **menu, choose the appropriate selection for the item. Normally, it would be a **Flat Amount **or a **Percent of Gross.** 20 +\\//**NOTE: **Types **Federal Unemployment, Medicare, Social Security, **and **State Unemployment **are for creating new taxes only. For example, if you need to create the Unemployment tax for a new state.// 21 + 22 +* 23 +** If the amount/rate is the same for all employees enter the amount/rate. 24 + 25 +* 26 +** If the amount/rate will be different for all employees then leave it at 0. 27 + 28 +* 29 +** If you post your payroll to Quickbooks, select the appropriate **Liability Account **and **Expense Account **for the item to post to in Quickbooks. 30 + 31 +* 32 +** Click **"OK"** to create the item and have it appear under the **Employer Paid** section in green. 33 + 34 + 35 +[[image:https://www.aatrix.com/download_file/view_inline/3253/||alt="Creating and Personalizing Employer Paid Items" height="289" width="800"]] 36 + 37 + 38 +* 39 +** If the amount/rate will be different for each employee, select an employee on the list that it applies to. 40 + 41 +* 42 +** Double-click on the item under the **"Employer Paid" **section in green. 43 + 44 +* 45 +** Enter the amount/rate for the employee and click **"OK".** 46 + 47 +* 48 +** The **"P" **that appears in front of the item with the employee highlighted indicates the item has been **personalized **for a specific amount/rate for the employee. 49 + 50 +* 51 +** Repeat the above steps to personalize the item for employees as necessary.