Under the Employee Centre, Payroll tab, click the ‘Start Schedule Payroll..’ button to start preparing payroll for your employee. Enter Payroll information In the Enter Payroll Window, you can edit your Pay Period Ends, Payment Date and Bank account. Besides, you can click the ‘Open Paycheque Detail’ to edit the payroll information of this selected […]

‘Addition’ Payroll item type are referring to item such as transport allowances, meal allowances and other benefit that an employee entitled. To create a Transport Allowance item, from the Payroll item list, add a new payroll item for Addition Payroll item type. Link Transport Allowance item to a Payroll Expenses account (usually, I use Transport […]

After you have set up your payroll item; next, we need to set up every employee’s payroll default. Example: Employee’s name: John TanMonthly Salary: $1,055.00Transport allowance: $400.00CPF Employee: 20%CPF Employer’s contribution: 14.5% From the employee’s profile, change the tab to ‘Payroll and Compensation Info’. Under the Earnings: Item name: select Basic SalaryHourly / Annual Rate: […]

‘Company Contribution’ is referring to payroll item such as ‘CPF Employer’ or ‘SDL’ contribution by the employer. It is part of the company expenses. CPF Employer’s Company Contribution payroll item can be added from the Payroll Item list. In the Agency for Company-Paid liability window, you are require to add the Agency (i.e. CPF Board), […]

‘Deduction’ is referring to payroll item that deducted from employee’s monthly salary. For Singapore user, ‘CPF Employee’ is a ‘deduction’ payroll item type. From the payroll item list, add a deduction payroll item type for CPF Employee payroll item. In the Agency for employee-paid liability window, you need to select an agency name (CPF Board) […]

Once the QuickBooks Payroll feature is being turned on, we need to set up the payroll item. The payroll item includes wage, addition, deduction, company contribution and super contribution (For Australia user). To set up the payroll item, go to the Lists menu and select Payroll Item List. In the Payroll Item list, add a […]