QuickBooks Payroll accounts

In the Chart of Accounts list, there are two default (systems) account that used for payroll. They are Payroll Liabilities account (Other Current Liability type of account) and Payroll Expenses account (Expense type of account). Payroll Expenses account will be used for tracking of all Payroll related expenses incurred by the company. Usually, I prefer […]

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How to turn on QuickBooks Payroll feature?

QuickBooks Payroll feature at this point is still an Australian base; it is not customized for Singapore user. The major issues that the Singapore user should take note are: The Payroll tax in this version is still referring to Australian Taxes.  The Payroll year to date setting in QuickBooks Asia is from July to June […]

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How to create payroll transaction in QuickBooks accounting version?

Many of the QuickBooks users who are using the accounting version likes to record the payroll but do not know how to go about it. Payroll feature is not included in the QuickBooks Accounting version. So to do it, user can consider passing a General Journal into QuickBooks. Why General Journal? I saw some user […]

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