which of the following items is required for payroll setup? course hero

What must be set up as an item on a paycheck?

Anything you wish to include on a paycheck must first be set up as an item. amount of the check. If you pay payroll liabilities with a regular check, you can just fix it with a journal entry. Which of the following is NOT an example of a payroll item?

Should I set up QuickBooks to track full payroll?

When you use an outside payroll service, you should set up QuickBooks to track full payroll. In QuickBooks, an employee is someone to whom you issue a W2 or a 1099MISC.

What are the common causes of payroll errors?

Payroll items being set up incorrectly is one of the common causes of payroll errors. Anything you wish to include on a paycheck must first be set up as an item. amount of the check.

How do I include payroll liabilities on a paycheck?

Anything you wish to include on a paycheck must first be set up as an item. amount of the check. If you pay payroll liabilities with a regular check, you can just fix it with a journal entry.

When you create paychecks, is the payroll expense account credited?

When you create paychecks, the Payroll Expense account is credited.

What is the benefit of scheduling payroll?

A benefit of using scheduled payroll is that you can choose to pay your employees by batch

What is an employee in QuickBooks?

In QuickBooks, an employee is someone to whom you issue a W2 or a 1099MISC.

Can you fix payroll liabilities with a regular check?

If you pay payroll liabilities with a regular check, you can just fix it with a journal entry.