How to run payroll properly in Quickbooks intuit payroll 2023

QuickBooks intuit payroll 2023 is a great tool for small businesses and freelancers who want to do their payroll quickly and easily. However, setting up your first payroll can be intimidating, especially if you don’t have much experience with QuickBooks or Intuit software. In this guide, we’ll walk through how to set up your first payroll in QuickBooks intuit payroll 2023 step-by-step:

Create a payroll account in quickbooks 2023

  • Create a payroll account. The first step to running payroll in Quickbooks is creating an account for your employees. This can be done by going to the “File” drop-down menu and selecting “Payroll > Add New Payroll Item.”
  • Create a new company file if you don’t already have one set up, or open an existing one if you do have one already set up.

Create employee record in QuickBooks intuit payroll 2023

To create an employee record in QuickBooks intuit payroll 2023, follow these steps:

  • Enter the employee’s name and address details in the Employee Information tab. You can also enter their social security number here if you know it.
  • Enter the pay rate for this employee by selecting one from a list of pre-defined options or creating your own custom pay rate (see instructions below).

Set up pay rates for employees in Quickbooks intuit payroll 2023

The first step to setting up your payroll is to create the pay rates for each employee. To do this, go to Employees and click on the name of the person you want to set up their pay rate. Then click Edit next to their name on the right-hand side of your screen:

Once you’re in edit mode for an employee, click on their hourly or salaried rate under “Payroll Details” at the bottom of their profile:

Now that we’ve got our hourly/salaried rate set up for our employees, let’s move onto setting up taxes!

Setup direct deposit for your employees using QuickBooks intuit payroll 2023

To setup direct deposit for your employees, follow these steps:

  • From the home page, click Employee Center and then click Create/Edit Payroll Items at the top of the page.
  • Click New Payroll Item on the right side of the screen and select Direct Deposit from drop-down menu that appears in QuickBooks intuit payroll 2023 (you can also create a new pay date template if needed).
  • Enter employee name under “Employee Name” field and checkmark “Direct Deposit” option under “Payment Method” field before clicking OK button to save changes

Create a new pay date template in quickbooks intuit payroll 2023

To create a new pay date template in QuickBooks Intuit Payroll 2023, follow these steps:

  • From the payroll center, select the “Payroll” tab at the top of your screen and then choose “Payroll Setup” from the drop-down menu.
  • Select “Templates” from this page (you may need to click on an icon at the bottom left corner of your screen if you’re using QuickBooks Online). This will bring up another window where you can add or edit templates for creating new checks and other documents related to payroll processing.

Follow the above steps to set up your first payroll successfully in quickbooks intuit payroll 2023.

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Conclusion

We hope you found this guide helpful. If there are any questions, please feel free to reach out and we’ll be happy to help!

Author: jttax.net

We work with you on a personal level to determine the best solutions for your unique needs, then leverage our seasoned expertise to achieve the best possible results.

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