Hi there, @ssantos21.
You're correct that QuickBooks Payroll only supports payments for US employees. I also agree that adding your remote employees as vendors in QuickBooks Online (QBO) is a good way to track the services they've provided to your company. To do this, you can follow these steps:
- Navigate to the Expenses menu and select Vendors.
- Click New Vendor.
- Enter the vendor or remote employees' information in the respective fields.
- Select Save.
Since they are located outside the United States (US), you're also right about enabling multicurrency to easily record foreign transactions without worrying about exchange rate conversions.
We cannot recommend a specific third-party application for international payments with QuickBooks. However, I suggest visiting the QuickBooks Apps Store or taking the following steps within your account to find a supported application that can integrate with QuickBooks:
- Log in to your QBO Company as an admin.
- Move your cursor to the Apps menu located in the left navigation pane.
- Select Find Apps. This will take you to the Apps window, where you can find applications that support QBO integration.
- Start searching for similar apps or, if you have a specific one in mind, locate it by typing the application's name in the search bar.
Then, follow the on-screen instructions to connect this app to your QBO. For further guidance with the integration, please reach out to third-party app support.
Regarding the form needed for contractor compliance, it's best to consult your accountant for guidance as well as alternative approaches to recording these transactions.
Moreover, see all payments you made to your vendors when you run the Expenses by Vendor Summary report in QuickBooks Online.
If you have more questions about managing your employees in QuickBooks, @ssantos21, feel free to reply to this thread. I'm just a post away to help you.
