Hello ggleed-mtco,
QuickBooks Desktop's Payroll add-on is a great option for many business owners who want to tie in their payroll calculations seamlessly with their books. The program offers a wide range of options, such as setting up unique payroll items, which it sounds like you've already been exploring. I want to make sure you have the information you need for setting up a VP calculation.
I'm thinking with VP you may be looking at either a vacation policy or a vacation pay item. I recommend first taking a look at this article to learn how vacation works with QuickBooks Desktop's Payroll: Set up vacation pay and accrual (CA only)
For the vacation policy, the program will pull the default earning codes setup to choose from, as well as payroll items that you set up yourself. Here's how you can set up more payroll items.
- Select Lists.
- Choose Payroll Item List.
- Click Payroll Item at the bottom of the window.
- Choose New.
Follow along through the prompts to create the payroll item you need. Learn more about setting up payroll items by checking out in-product articles such as Set up a common payroll item or How payroll items work. Here's how to find those articles.
- Select Help from the top menu.
- Choose QuickBooks Desktop Help.
- Click the Help tab, then the Search button.
- Enter keywords like "payroll item" into the search bar and hit Enter.
- Click the article titles to learn more.
Give me a shout if you have more questions. Have a great rest of your day.
