Payroll

Lex2021 · ‎August 31, 2021

Hi,

I am brand new to Payroll and have no experience in running it.
We opted for the advanced Payroll upgrade as it had the option to run bi-weekly which is what we wanted.

I am having a play around at the moment trying to get to grips with everything before our first pay run (15th September). I was wondering if anyone could answer some questions I have (apologies in advance if they sound silly, just want to make sure I am understanding and doing things correctly).

-When I am selecting BACS in our case BARCLAYS BACS, on the payment method, does this mean that QB will somehow pay our employee through our bank account, or, will I have to make a manual transfer on our internet banking?

-I know I can set up a Payrun for a future date, but do I actually process everything on the pay date?

-Does QB send everything thats required over to HMRC for us?

We have only recently registered as an employer so are still waiting on details from HMRC which is why I haven't been able to delve into that side a bit more.

Any advise, tips, answers to the above would be greatly appreciated.

Many thanks everyone!

Ashleigh1 · ‎August 31, 2021

Hello Lex2021,

Welcome to the Community page,

If you have a look at this link here is tells you all about advanced payroll and how it works. As long has you have a the information in the payroll settings and within the employees settings you can run the payroll and then download and upload the bacs file to your bank. So once you have uploaded the bacs information to the bank it will notify the bank to pay the employees. This link tells you about bacs payments.

The payroll sends the FPS to HMRC and if you have set up the automated EPS it will send that to HMRC as well but any payments to HMRC have to be made manually it only sends the information across to HMRC from the payrun that is it.

Topics

Training

Community

Resources

Payroll

Payroll

Need to get in touch?