Last modified by Peytience S on 2023/10/30 19:06
From version 3.1
edited by Peytience S
on 2023/05/03 17:03
Change comment: There is no comment for this version
To version 2.1
edited by christie w
on 2023/02/01 22:12
Change comment: There is no comment for this version

Summary

Details

Page properties
Author
... ... @@ -1,1 +1,1 @@
1 -XWiki.peytiences
1 +XWiki.christiew
Content
... ... @@ -1,22 +1,51 @@
1 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.
2 2  
3 -* In your payroll program, go to the **"Payroll Items"** screen.
4 -* 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.
5 -* If the item is to be assigned to just a few employees, select one of the employees from the list.
6 -* Click on the green **"New"** button in the **"Employer Paid" **items section.
7 -* Enter a name for the item being created, for example "Employer Pension".
8 -* From the **"Type" **menu, choose the appropriate selection for the item. Normally, it would be a **Flat Amount **or a **Percent of Gross.**
9 -** //**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.//
10 -* If the amount/rate is the same for all employees enter the amount/rate.
11 -* If the amount/rate will be different for all employees then leave it at 0.
12 -* If you post your payroll to Quickbooks, select the appropriate **Liability Account **and **Expense Account **for the item to post to in Quickbooks.
13 -* Click **"OK"** to create the item and have it appear under the **Employer Paid** section in green.
3 +*
4 +** In your payroll program, go to the **"Payroll Items"** screen.
14 14  
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 +
15 15  [[image:https://www.aatrix.com/download_file/view_inline/3253/||alt="Creating and Personalizing Employer Paid Items" height="289" width="800"]]
16 16  
17 17  
18 -* If the amount/rate will be different for each employee, select an employee on the list that it applies to.
19 -* Double-click on the item under the **"Employer Paid" **section in green.
20 -* Enter the amount/rate for the employee and click **"OK".**
21 -* 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.
22 -* Repeat the above steps to personalize the item for employees as necessary.
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.