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Employees & Payroll
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I had QB 2016 Premier Contractor. I updated yesterday to QB 2019 Premier Contractor on a new computer. There are a few employees information missing, as well as a couple that aren't listed at all. How do I get this information back?
A payroll check entered by mistake, but T4 summary had been submitted, so need to reverse the check in a new year.
For example, let’s say we are giving an employee a $6000 bonus of which the employee wants $3000 to be put toward their RRSP before tax. I believe we still need to deduct EI and CPP, however on half of the bonus, no tax will be withheld. I’ve set up the RRSP Contribution as a ‘Other Payroll Item” and have indicated that only Federal Income Tax should be affected by this deduction. The original cheque with no bonus would equal $2070.57 net to the employee with $540.93 federal income tax. When I input the Bonus number of $6000, the cheque is $5837.37 with $2370.93 federal income tax. When I then add the $3000 RRSP contribution, the cheque equals $4293.30 with only $915 federal income tax. To me it looks like it is only deducting the tax on the $3000 bonus and not adding the original $540.93 tax on the salary. I think the total tax should be $1455.93. I’m not sure why it is missing this part or how I can have it properly adjusted? As
from the website https://quickbooks.intuit.com/community/Employees-and-payroll/Download-the-latest-payroll-tax-table-update/m-p/261590 If you have already installed QuickBooks 2019 or 2018 and wish to download the updates manually, use the link for your version of QuickBooks Desktop below. If you're using QuickBooks Desktop 2017, you will need to upgrade to 2019 before downloading the tax table updates:2019QuickBooks Desktop Pro, Premier or Premier Accountant 2019QuickBooks Desktop Enterprise 19.0 well the link for QuickBooks Desktop Pro, Premier or Premier Accountant 2019 is the following: https://globalsmallbusiness.intuit.com/downloads/CA/QuickBooks/2019/dls/szxlidxcipr4/Update290r7_10829003_en_STD.exe and the page shows: Not foundWell shouldn't the 8 digit number in the file name start with 109 NOT 108 as the link has? The first 3 numbers under "You are using tax table version:" reflect your tax table version and should read
Hello,I've just made my first quarterly installment for the new Employer Health Tax (EHT) in BC. I had a plan on how I was going to manage the accounting in QuickBooks (desktop Premier), but then started second guessing myself wondering if there is a tax or payroll specific way it should be handled. There is no way for me to know with certainty the total value of the tax until the 2019 calendar year ends, as we are on the threshold of our annual payroll total potentially being between: under the $500,000 exception threshold amount where no tax is due, and $600,000 there the tax will be due on ~ $100,000 over the exemption amount. For this reason, I don't believe the EHT tax is connected to the employees pay statements as either taxable or non-taxable benefits. For this reason, I'm thinking my entries will look as follows. Installments: Dr Prepaid Employer Health Tax (asset account), Cr Bank account Tax filing at year end, with example that we have more in the pre-paid asset a
I set up an expense reimbursement under "Reimbursements" type in payroll and the tax settings window that pops up shows that CPP, EI and Tax will be calculated and this is incorrect.
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