cancel
Showing results for 
Search instead for 
Did you mean: 
cruise288
Level 2

Manual Payroll

I only have 2 employees and would like to setup the payroll manually. I use Quickbooks Online. I will calculate the withholdings manually. Does anyone have step by step document to follow from creation on the paycheck to the payment of the taxes.    

Solved
Best answer January 14, 2021

Best Answers
Jovychris_A
QuickBooks Team

Manual Payroll

Hi there, @cruise288, and fmtigroup2021.

 

Let me add details on how you can manually create and track your payroll expenses and tax liabilities in QuickBooks Online.

 

You'll have to create expense and liability accounts in QuickBooks to track the amounts. When entering the payrolls paychecks, you can add them as journal entries. For reference, see this article: Manually enter payroll paychecks in QuickBooks Online.

 

I'll add these articles to get more insights on how you can run manually made payroll in QuickBooks: Run reports in QuickBooks Online.

 

Also, I suggest reaching your accountant to make sure that you're using the right account to track expenses and liabilities.

 

If you have other questions or need clarifications, feel free to place them here. I'll be around to lend a hand. Stay safe and well!

View solution in original post

ShiellaGraceA
QuickBooks Team

Manual Payroll

Thanks for getting back to us here, @cruise288.

 

I have some information about entering journal entries when recording manual payroll. Creating a journal entry that will affect your checking account will cause duplicate records. You'll want to change your checking account in your JE to a payroll liability account. This way, you can cut a check using your checking account.

 

You can also visit our page to learn how to buy preprinted checks from QuickBooks Checks Supplies.

 

If you need help with other tasks in QBO, you can browse for specific topics here and look for responses that fit your concern.

 

Feel welcome to message me if you still have questions or concerns with payroll. I'll be here for you. Stay safe.

 

 

 

 

 

 

View solution in original post

4 Comments
fmtigroup2021
Level 1

Manual Payroll

 
We're having the same issue and welcome input here. We simply want to manually pay (via EFT) our two employees. Our bank is connected, but it defaults to Check and nothing is actually paid. 
 
 
 
Jovychris_A
QuickBooks Team

Manual Payroll

Hi there, @cruise288, and fmtigroup2021.

 

Let me add details on how you can manually create and track your payroll expenses and tax liabilities in QuickBooks Online.

 

You'll have to create expense and liability accounts in QuickBooks to track the amounts. When entering the payrolls paychecks, you can add them as journal entries. For reference, see this article: Manually enter payroll paychecks in QuickBooks Online.

 

I'll add these articles to get more insights on how you can run manually made payroll in QuickBooks: Run reports in QuickBooks Online.

 

Also, I suggest reaching your accountant to make sure that you're using the right account to track expenses and liabilities.

 

If you have other questions or need clarifications, feel free to place them here. I'll be around to lend a hand. Stay safe and well!

View solution in original post

cruise288
Level 2

Manual Payroll

I understand the journal entry. However, since the journal credits the checking account, what would the entry be when I am ready to cut the check.

ShiellaGraceA
QuickBooks Team

Manual Payroll

Thanks for getting back to us here, @cruise288.

 

I have some information about entering journal entries when recording manual payroll. Creating a journal entry that will affect your checking account will cause duplicate records. You'll want to change your checking account in your JE to a payroll liability account. This way, you can cut a check using your checking account.

 

You can also visit our page to learn how to buy preprinted checks from QuickBooks Checks Supplies.

 

If you need help with other tasks in QBO, you can browse for specific topics here and look for responses that fit your concern.

 

Feel welcome to message me if you still have questions or concerns with payroll. I'll be here for you. Stay safe.

 

 

 

 

 

 

View solution in original post

Need to get in touch?

Contact us
Sign in for the best experience
Ask questions, get answers, and join our large community of QuickBooks users.
Sign In / Sign Up