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Liem
Level 1

entering paycheck on QuickBooks Desktop for Manual Payroll

I use QuickBooks 2019 Desktop version and set up my company to have Full Manual Payroll. Everything is working fine and on the whole, I'm happy with the way QuickBooks works. I do have three minor issues that I hope someone can help me with.

1. Is it advisable to lump Medicare tax and Social Security tax into one, FICA. The benefit is less data entry. I would have to enter only one number per employee instead of two.

2. Is it possible to have the employer's portion of Medicare tax automatically entered using the Employee Medicare tax entry? The data is the same for both.

3. I currently do not enter and track FUTA and Texas Unemployment tax. These amounts can be calculated from employees' gross pay and I find it to be tedious and time consuming to enter this information with each employee. When I tried removing these item from payroll, I got a "non standard" warning. Should I care about this warning?

 

Thanks,

Liem

1 Comment 1
BigRedConsulting
Community Champion

entering paycheck on QuickBooks Desktop for Manual Payroll

RE 1: No, not really because that detail needs to be reported on forms 941 and W-2. 

 

RE 2: No, with manual payroll you have to enter each tax amount.

 

RE 3: Probably not in your case, if you are calculating it yourself and not tracking the liability as you go.

 

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