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mallorylw-msn-co
Level 1

I need to run a one time payroll. Do I need to subscribe to quickbooks payroll for the entire year to do so?

 
4 Comments 4
Fiat Lux - ASIA
Level 15

I need to run a one time payroll. Do I need to subscribe to quickbooks payroll for the entire year to do so?

Why do you only need once?

mallorylw-msn-co
Level 1

I need to run a one time payroll. Do I need to subscribe to quickbooks payroll for the entire year to do so?

It’s an annual bonus paid out on this company through payroll. It’s only one employee.

mallorylw-msn-co
Level 1

I need to run a one time payroll. Do I need to subscribe to quickbooks payroll for the entire year to do so?

It’s an annual bonus payment once a year through this particular company. There is only one employee.

Rasa-LilaM
QuickBooks Team

I need to run a one time payroll. Do I need to subscribe to quickbooks payroll for the entire year to do so?

I'm here to help and provide alternate methods to your concern, mallorylw.

 

You'll no longer have to sign up for an annual subscription to run payroll. Based on the scenario, you can write a check or use the trial version to achieve your goal.

 

If you opt to utilize the latter, go to the QuickBooks site to get it. Here's how:

 

  1. Click the following link: QuickBooks Payroll
  2. This will open a site that shows different payroll versions. 
  3. Head to the Try it free for 30 days section and move the slider to the right to activate it. ft.png
  4. If you only need the service, go to the Just need payroll section or choose Already use QuickBooks? to add payroll. 
  5. From there, choose the payroll version that best fits your business needs and click the Try it free button. 
  6. Follow the on-screen instructions to complete the process and review your current plan. 

 

Next, sign in to your account to input the worker's data, and taxes. For your worker's bonus, you can pay it via a separate check or along with the regular pay. Let's set up the payroll item in QuickBooks Online (QBO).

 

Here's how:

 

  1. Go to the Payroll menu on the left panel and choose Employees.
  2. From the list, double-click on the worker's name to view their profile. 
  3. In the Pay types section, tap the Edit button to open the How much do you want to pay screen. 
  4. Head to the Common paytypes section and choose Bonus.
  5. Press the Save button to apply the changes.

 

Next, create the bonus check. See this guide for detailed instructions: Pay an employee bonus. Then, select how you'd like to apply the pay type. 

 

After completing your payroll tasks, cancel the subscription to prevent any charges. Make sure to export and save copies of your reports for future use. In regard to the tax forms, you'll have to submit them to the federal and state agencies manually. 

 

On the other hand, we have a tool that lets users calculate the employee's net pay based on their taxes and withholdings. Click here to access the calculator: Employee Hourly & Salary Pay

 

Once you have the information handy, let's write a check and give it to your worker. To keep track of paychecks made outside the program, check out this guide for detailed instructions: Manually enter payroll paychecks.

 

We've collated articles that will aid users in completing payroll-related activities on time. Our online resources are grouped according to topics so you can access the guide easily. 

 

If you have additional concerns or questions about processing payroll or bonuses, click the Reply button and tag my name. I'll get back to make sure you're taken care of. 

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