Wiki source code of Creating and Personalizing Employer Paid Items
Last modified by Peytience S on 2023/10/30 19:06
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| 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. | ||
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| 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. | ||
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| 15 | [[image:https://www.aatrix.com/download_file/view_inline/3253/||alt="Creating and Personalizing Employer Paid Items" height="289" width="800"]] | ||
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| 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. | ||
| 23 | |||
| 24 | ---- | ||
| 25 | |||
| 26 | == Related Pages: == | ||
| 27 | |||
| 28 | === [[Setting up and Personalizing Pension Deduction>>doc:Mac.Payroll Items .Setting up and Personalizing Pension Deduction.WebHome]] === | ||
| 29 | |||
| 30 | Learn how to set up and personalize deductions for pensions (ie. 401K or IRA). | ||
| 31 | |||
| 32 | |||
| 33 | === [[Creating and Assigning Income Items>>doc:Mac.Payroll Items .Creating and Assigning Income Items .WebHome]] === | ||
| 34 | |||
| 35 | Learn how to create and assign other income items. | ||
| 36 | |||
| 37 | |||
| 38 | === [[Setting up Additional State Withholding Deductions>>doc:Mac.Payroll Items .Setting up Additional State Withholding Deductions .WebHome]] === | ||
| 39 | |||
| 40 | Learn how to set up additional State Withholding deductions. | ||
| 41 | |||
| 42 | |||
| 43 | === [[Setting up Oregon Statewide Transit Tax (STT) deduction>>doc:Mac.Payroll Items .Setting up Oregon Statewide Transit Tax (STT) deduction .WebHome]] === | ||
| 44 | |||
| 45 | Learn how to create the Oregon Statewide Transit Tax (STT) deduction. | ||
| 46 | |||
| 47 | |||
| 48 | === [[Creating and Assigning Deductions>>doc:Mac.Payroll Items .Creating and Assigning Deductions.WebHome]] === | ||
| 49 | |||
| 50 | Learn how to create and assign deductions. |