Learn how to set up and manage payroll items for your insurance benefit plan in QuickBooks Online Payroll and QuickBooks Desktop Payroll to track and tax it appropriately.
If your company has an insurance benefit plan, you may need to set up items in QuickBooks to track.
Here’s how you add, edit, and track your insurance benefit plan in QuickBooks.
Step 1: Determine which health benefits to set up
- Section 125 plans (Cafeteria benefit plans)
- Medical Insurance (taxable or pre-tax)
- Vision Insurance (taxable or pre-tax)
- Dental Insurance (taxable or pre-tax)
- HSA Plans
- Taxable HSA
- Pre-tax HSA
- Company HSA
- Flexible Spending Accounts(FSA)
- Dependent Care FSA
- Medical Expense FSA/ Medical Care Flex Spend
Talk to your insurance plan provider to learn more about your policy.
Step 2: Set up a medical, vision, or dental insurance payroll item
Once you know the details of the insurance benefits from your provider, follow the steps below to add a payroll item for medical, vision, or dental insurance.
|Note: Not sure which payroll service you have? Here's how to find your payroll service.|
Step 3: Make sure the items are on your employees’ paychecks
Each time you pay your employees, these benefits should appear in your employees' paychecks.
Edit or remove an insurance item
If you need to make changes or remove an insurance item, here’s how: