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jechalo
Level 1

Can I pay myself a salary in QBSE

 
4 Comments 4
JessT
Moderator

Can I pay myself a salary in QBSE

Paying oneself is the best thing to do. Yes, you can do this in QBSE, Jechalo.

 

Just create a transaction out of your bank account, and use the Transfer category on it. This category will not include the transaction to your year-end tax estimates.

 

 

If you have other concerns with your records, you can click on Help to look for answers or articles online. You can visit us back in the Community, and we’ll be happy to help you again.

jechalo
Level 1

Can I pay myself a salary in QBSE

how where do usual pay deductions show and how calculated

jechalo
Level 1

Can I pay myself a salary in QBSE

how where do usual pay deductions show

Adrian_A
Moderator

Can I pay myself a salary in QBSE

Hello there, jechalo.

 

I'll take it as you want to know where to see the tax deductions and how to calculate them.

 

Tax calculations are based on three main things:

  1. Your self-employment income and deductions
  2. Projections of your income and deductions for the current year.
  3. Your tax bracket and other info you added when you set up taxes.

You can check these articles to know more about the tax deductions:

 

 

For you to be guided on where to see these information, I'd recommend reaching out to our Phone Support team. They have the tools that can view your account and help you further about this. Here's how:

 

  1. Click the Assistant button located at the upper right part.
  2. In the Type something else field, enter Talk to human.
  3. Select either Start a chat, Get a callback, or Get email support.

I'm just here if you need anything else.

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