QuickBooks Online 2024: How to Run Payroll & Process Payroll Taxes

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  • เผยแพร่เมื่อ 17 ม.ค. 2024
  • To setup a 30-day free trial of QuickBooks Online and then 30% off for 12 months: www.quickbooksoffer.com/?cid=i...
    E-mail Hector your questions hector@garciacpa.com
    My Friend Alicia's Full Payroll, 1099, and Time Tracking Course:
    hectorgarcia.com/payrollcourse
    You can take my full QBO (does not include Payroll) 4-hour course in LinkedIn Learning with a 30-day free trial:
    / quickbooks-online-esse...
    Other Videos:
    -Getting Started Tutorial: • How to use QuickBooks ...
    -Setup & Run Payroll: • QuickBooks Online 2024...
    -Navigation & Customization: • QuickBooks Online 2024...
    -Customize your Invoice/Estimate Templates: • QuickBooks Online 2024...
    -Connect your Banks / Download Transactions: • QuickBooks Online 2024...
    -How to Categorize Expenses: • QuickBooks Online 2024...
    -Reporting Basics: • QuickBooks Online 2024...
    -Desktop to Online Conversion: • QuickBooks Desktop to ...
    -Setup 1099 Contractors: • QuickBooks Online 2024...
    -Standard Chart of Accounts: • QuickBooks Online 2023...
    -Categorizing Dowloaded Transactions: • QuickBooks Online Tuto...
    Bank Feeds & Bank Rules (Full Tutorial): • QuickBooks Online 2024...
    -Bank Reconciliations: • QuickBooks Online: How...
    -Entering Transactions paid in CASH: • QuickBooks Online: Ent...
    -Doing 1099 Forms: • QuickBooks Online 2024...
    -Setting Up Payroll: • QuickBooks Online PAYR...
    -Setup, Forms, and Pay Sales tax: • QuickBooks Online: Sal...
    Official QuickBooks Online 2024 Tutorials Playlist:
    hectorgarcia.com/qbo2024
  • วิทยาศาสตร์และเทคโนโลยี

ความคิดเห็น • 105

  • @HamidurRahman
    @HamidurRahman หลายเดือนก่อน +1

    Thanks Hector to share such a helpful tutorial.

  • @Pancake3399
    @Pancake3399 2 หลายเดือนก่อน +4

    This types vedio helpfull for us. Who has not enough money to take training. Thank you a lot hector

  • @vijayrajashree4694
    @vijayrajashree4694 4 หลายเดือนก่อน +1

    Thank You! Really Useful.

  • @abdirashidahmed2329
    @abdirashidahmed2329 16 วันที่ผ่านมา

    Thank you Hector. You are great trainer. More of this will be very helpful for beginners

  • @ReigningUp
    @ReigningUp 2 วันที่ผ่านมา

    Thank you for posting this, gives me a really good idea of how to set it up and what I need.

  • @user-fh9qv6xj8h
    @user-fh9qv6xj8h 3 หลายเดือนก่อน

    Your videos are awesome - you're such a great teacher! Do you have a video about running "Auto Payroll"? I'm anxious about trying it without knowing the exact process - I don't like taking chances with people's pay.

  • @sarathkumarnowpada1122
    @sarathkumarnowpada1122 2 หลายเดือนก่อน

    Thank you very much Sir and I will do practice

  • @davidjones5319
    @davidjones5319 4 หลายเดือนก่อน

    Excellent. thank you

  • @newmhelemish
    @newmhelemish 4 หลายเดือนก่อน

    Good Job, when will you relase Time video?

    • @HectorGarciaCPA
      @HectorGarciaCPA  4 หลายเดือนก่อน +1

      Maybe a month or two… for now look at Alicia’s class: hectorgarcia.com/payrollcourse

  • @Parkwayinc
    @Parkwayinc 4 หลายเดือนก่อน +1

    Thank you for sharing a link to my Complete Payroll tutorial in your video description! I truly appreciate your support and the opportunity to collaborate with you!

    • @HectorGarciaCPA
      @HectorGarciaCPA  4 หลายเดือนก่อน

      Your video is a great resource, one of a kind.

  • @samanthazarantonello5436
    @samanthazarantonello5436 2 หลายเดือนก่อน

    Can you explain how to add a employer contribution for child care expense so that it reflects on box 10 of their W2? I'm not able to find how to do this anywhere. Thank you!

    • @HectorGarciaCPA
      @HectorGarciaCPA  2 หลายเดือนก่อน

      I dont have an answer for this

  • @merianisruiz5623
    @merianisruiz5623 2 หลายเดือนก่อน

    thank you

  • @KristyThePooh78
    @KristyThePooh78 3 หลายเดือนก่อน

    What's your thoughts on ADP as a payroll service? My daughters use that from the accountants recommendation. We now have the same accountant who recommended them as well. I'm new to Quickbooks. Stumbled upon your video series which is greatly helping me understand how to use it. I normally do it myself, hours of looking through all our accounts to categorize it all for taxes. This looks much easier to use in general. I have 2 avenues of online sales channels. If they both pay me through our bank account, is it necessary to connect the sales channels at all? What would be the benefit if all I need is the net profit, which would be based on deposits in our bank account.

    • @HectorGarciaCPA
      @HectorGarciaCPA  3 หลายเดือนก่อน

      I like ADP. But with QB feels like you have a little more control.

    • @DontActBePrompt
      @DontActBePrompt 2 หลายเดือนก่อน

      ADP is Dump

  • @CCAFO
    @CCAFO 3 หลายเดือนก่อน

    Hello, please help to instruct me how to import employee list in QuickBooks Online! Thank you in advance for your help!

    • @HectorGarciaCPA
      @HectorGarciaCPA  3 หลายเดือนก่อน

      There is no easy way to do it. You can only import a limited set of data via the Payroll menu

  • @barbiemorrisey9937
    @barbiemorrisey9937 4 หลายเดือนก่อน

    Hi! Is there a way to set up payroll to run seasonal. I have 12 seasonal employees who are paid from October thru March. Also ALL my employees are 1099 is there a way to set that up for them automatically?

    • @HectorGarciaCPA
      @HectorGarciaCPA  4 หลายเดือนก่อน

      1099 means they are contractors; not employees.
      So there is no special setup

  • @whosurmama325
    @whosurmama325 หลายเดือนก่อน

    Hi Hector, If we are using a desktop payroll, is there a means to import the current records into the online version?

    • @HectorGarciaCPA
      @HectorGarciaCPA  หลายเดือนก่อน

      You CANNOT just import payroll transactions

  • @emmylousanpedro8529
    @emmylousanpedro8529 4 หลายเดือนก่อน

    Hi Hector, I was transitioning from QB desktop to QB online. Is there a way that I can pay employee commission only and track it to customer, class or project like on the QB desktop? I don't see it unless I create a timesheet for them, but the problem is they are paid by commission (piece of work) to different customer/project not an hourly rate.

    • @HectorGarciaCPA
      @HectorGarciaCPA  4 หลายเดือนก่อน

      Unfortunately, only works in timesheets; so the comission cannot be tracked by project

    • @emmylousanpedro8529
      @emmylousanpedro8529 4 หลายเดือนก่อน

      ​@@HectorGarciaCPA Thank you for answering. I am a big fan. Would you recommend if we are a construction company and a contractor to integrate in QB online?

  • @JTCJTC-vj3ke
    @JTCJTC-vj3ke 2 หลายเดือนก่อน

    Hi Hector
    Does this apply to QB Canada too?
    Thanks.

  • @UIdrobinson1
    @UIdrobinson1 3 หลายเดือนก่อน

    Is there some magical thing that needs to be done to fix Payroll Journal Sync Errors? We migrated from Desktop to Online and have done 2 payrolls which have not been synced. We have been on the phone with QB Experts at least once a day almost every day since the 20th of February with no resolution. Can you help with this?

  • @jamiemiller1311
    @jamiemiller1311 2 หลายเดือนก่อน

    Thank you for the great info. I'm new to online QB. I merged my info from the desktop version. I'm struggling to figure out how to make changes to ss and med. My employee and employer amounts to not match. I'm pulling my hair out trying to figure this out. They have NOT been any help. Praying you can help me. TIA

    • @HectorGarciaCPA
      @HectorGarciaCPA  2 หลายเดือนก่อน +1

      Payroll is very delicate, i would contact support again or pay an accountant that knows QB payroll well

    • @jamiemiller1311
      @jamiemiller1311 2 หลายเดือนก่อน

      @@HectorGarciaCPA thank you

  • @motiverseminds
    @motiverseminds 4 หลายเดือนก่อน +1

    Please make a video on how to use QuickBooks online free 30 Day trail. I try but there is a issue of signing

  • @stephaniegutz1247
    @stephaniegutz1247 7 วันที่ผ่านมา

    Hi Hector. I've been doing manual payroll for my s-corp, employee of one (have been paying online at IRS/EFTPS monthly to deposit taxes for 941 requirements, also paying state withholding monthly). I'm trying to convert to QB payroll, but when I try to add the payroll history it's not letting me continue -- it says I'm paying the wrong percentages (per 941 0.124 for social security wages, 0.029 for Medicare wages). Could you please tell me what the percentage of the monthly 941 deposits should be taken out of employee wage so I can move forward with QB automated payroll? Many thanks for your tutorials!

    • @HectorGarciaCPA
      @HectorGarciaCPA  7 วันที่ผ่านมา +1

      I dont answer payroll questions like that, its too sensitive, to get it wrong. Ask your accountant to help you with the calculation

  • @ShahzaibKhan-rn8kg
    @ShahzaibKhan-rn8kg 4 หลายเดือนก่อน

    Sir, I am an accountant having 9 years of experience, I want to start bookkeeping business remotely, what would you recommend? Should I go for QB certification? And should I focus on a niche like e-commerce?

    • @HectorGarciaCPA
      @HectorGarciaCPA  4 หลายเดือนก่อน

      You should do both.. get certified AND focus on a niche

  • @judyglidden675
    @judyglidden675 3 หลายเดือนก่อน

    Hello Mr. Garcia, Can you please show us how to categorize QB Payroll in a journal entry? I have to split payroll based on locations but not sure how to make it work. I have search tirelessly and just cannot find any tutorials on how to make this work. Thank you!

    • @HectorGarciaCPA
      @HectorGarciaCPA  3 หลายเดือนก่อน

      This? th-cam.com/video/ISgLARqf0J8/w-d-xo.htmlsi=lPURzYQo3k3xVGiN

    • @judyglidden675
      @judyglidden675 3 หลายเดือนก่อน

      Thank you!@@HectorGarciaCPA Does it matter if it's a 3rd party payroll or QB payroll? My guess is its basically all the same setup?

    • @HectorGarciaCPA
      @HectorGarciaCPA  3 หลายเดือนก่อน

      @@judyglidden675 it matters 100%
      QB Payroll does not require any journal entries. It doesn everything on its own.
      If you need to "spread" the costs accross locations, then just do a journal entry

    • @judyglidden675
      @judyglidden675 3 หลายเดือนก่อน

      @@HectorGarciaCPA Thank you! That is EXACTLY what I was looking for, thank you, thank you, THANK YOU!!!

  • @lisabell4008
    @lisabell4008 3 วันที่ผ่านมา

    After their direct deposits go through, they show up in my bank transactions needing to be categorized. Its automatically labeled "quickbooks payments - uncategorized expense", do i need to go through and update each individual direct deposit to each employee in the "employee/vendor section" and how do i categorize it properly since it is not an uncategorized expense. Also, am I able to skip adding which employee the direct deposit was for?

    • @HectorGarciaCPA
      @HectorGarciaCPA  3 วันที่ผ่านมา

      Well, if you are using QuickBooks Payroll, all those payments should be automatically categorized, are you using an outside payroll company?

  • @michaelclark8478
    @michaelclark8478 หลายเดือนก่อน

    This video moved very fast through the different screens. It was a little hard to follow - but great information.

    • @HectorGarciaCPA
      @HectorGarciaCPA  หลายเดือนก่อน

      TH-cam should allow you to slow down the video and pause it

  • @sabaokbagergish2065
    @sabaokbagergish2065 2 หลายเดือนก่อน

    Hi Mr. Hector
    Can you tell me the name of the software useful for payrolls?
    Thank you so much

    • @HectorGarciaCPA
      @HectorGarciaCPA  2 หลายเดือนก่อน +1

      QuickBooks, Gusto, ADP are the top ones

    • @sabaokbagergish2065
      @sabaokbagergish2065 2 หลายเดือนก่อน

      @@HectorGarciaCPA thank you so much

  • @rosar.9618
    @rosar.9618 3 หลายเดือนก่อน

    Hello when i run payroll it doesn’t deduct anything for federal is that supposed to be entered manually or is it an error

    • @HectorGarciaCPA
      @HectorGarciaCPA  3 หลายเดือนก่อน

      If the employee makes little, and the W-4 has certain specifications, it could end up like that

  • @Ackdummies
    @Ackdummies 11 วันที่ผ่านมา

    Hector, if I am the owner of the corporation should I register as an employee?

    • @HectorGarciaCPA
      @HectorGarciaCPA  11 วันที่ผ่านมา

      If you are going to run payroll yes

  • @sriyanipremasiri6760
    @sriyanipremasiri6760 4 หลายเดือนก่อน

    Hi Hector,I hope to join a bookkeeping/Accounting firm as an virtual employee. I like to work for US,UK,Australian or New Zealand bookkeeping firms. I live in Sri Lanka(My country-It is south Asian country).How can find a job?

  • @ashaarun6819
    @ashaarun6819 10 วันที่ผ่านมา

    Please help me to add severance pay?

  • @valerierosales1419
    @valerierosales1419 หลายเดือนก่อน

    If your self employed do you still add in employee information

    • @HectorGarciaCPA
      @HectorGarciaCPA  หลายเดือนก่อน

      If you are running payroll, yes

  • @adrianacuevaszamora7098
    @adrianacuevaszamora7098 3 หลายเดือนก่อน

    CAN YOU LINK THE TIME CLOCK???

    • @HectorGarciaCPA
      @HectorGarciaCPA  3 หลายเดือนก่อน

      Yes. “QuickBooks Time” its fully integrated. I dont know what time clock you have

  • @gonzalex2002
    @gonzalex2002 18 วันที่ผ่านมา

    porque no deja poner el tin number cuando el empleado no tiene un seguro socia?

  • @nereidaenriquez5602
    @nereidaenriquez5602 3 หลายเดือนก่อน

    Do you have experience with zen business?

  • @innerbeauty6877
    @innerbeauty6877 หลายเดือนก่อน

    Can we set this up for contract employees

    • @HectorGarciaCPA
      @HectorGarciaCPA  หลายเดือนก่อน +1

      For contractors you can set them up, but not as “payroll/employees”

    • @innerbeauty6877
      @innerbeauty6877 หลายเดือนก่อน

      @@HectorGarciaCPA Thank you!

  • @maricarmenarmijos1737
    @maricarmenarmijos1737 หลายเดือนก่อน

    Unas clases en español porfavor

    • @HectorGarciaCPA
      @HectorGarciaCPA  หลายเดือนก่อน

      No tengo con este nivel de detalle en TH-cam en español

  • @NoelLackey
    @NoelLackey 4 หลายเดือนก่อน

    How do you record payroll if you don't have the payroll module?

    • @HectorGarciaCPA
      @HectorGarciaCPA  4 หลายเดือนก่อน

      Not possible.. you can only do “payroll with the module. Otherwise you just enter a check/expense/journal to account for payroll transactions outside of QB

    • @noellackey104
      @noellackey104 4 หลายเดือนก่อน

      @@HectorGarciaCPA yes that is what I am doing but it is not very satisfactory

    • @HectorGarciaCPA
      @HectorGarciaCPA  4 หลายเดือนก่อน

      @@noellackey104 all manual things are :)

    • @noellackey104
      @noellackey104 4 หลายเดือนก่อน

      @@HectorGarciaCPA yes true I asked for that ;-))

    • @noellackey104
      @noellackey104 4 หลายเดือนก่อน

      We use a different companies payroll package the bank pulls in the net pay for all employees but what else needs to be recorded in quick books online

  • @guiaobed4289
    @guiaobed4289 3 หลายเดือนก่อน

    how do fix payroll federal taxes past due?

    • @HectorGarciaCPA
      @HectorGarciaCPA  3 หลายเดือนก่อน

      Would be an adjustment

    • @guiaobed4289
      @guiaobed4289 3 หลายเดือนก่อน

      @@HectorGarciaCPA Would be J/E correct?

  • @michelesanders2032
    @michelesanders2032 4 หลายเดือนก่อน

    What is the link to receive the 50% off?

    • @HectorGarciaCPA
      @HectorGarciaCPA  4 หลายเดือนก่อน +1

      No longer exists.. only 30% off for 12 months or 50% for 3 months

    • @michelesanders2032
      @michelesanders2032 4 หลายเดือนก่อน

      @@HectorGarciaCPA Ok thank you!

    • @liannetorres6559
      @liannetorres6559 หลายเดือนก่อน

      How do I subscribe to 30%

  • @shawnwood9875
    @shawnwood9875 2 หลายเดือนก่อน +1

    This wasn’t as easy as everyone thinks. Took 1.5 hours with their assistance to start this process. Oh boy was that a pain.

    • @HectorGarciaCPA
      @HectorGarciaCPA  2 หลายเดือนก่อน

      Payroll is a multi step process, specially if there is any kind of direct deposit configuration

  • @jaialai6629
    @jaialai6629 13 วันที่ผ่านมา

    Wish that Quick Books would just include all the different software when you first set up Quick Books. Don't like all the nickel and dimming. One Set up cost to open quick Books, then there is another cost for Payroll, then another cost 10 other things. Just put it all in one Startup cost and stop all the Nickeling and Dimming. By the time it's all said and done you have paid $1000 to get all the software that you need. Great work Hector.

    • @HectorGarciaCPA
      @HectorGarciaCPA  13 วันที่ผ่านมา

      Yeah, thats how it works now :(

    • @jaialai6629
      @jaialai6629 13 วันที่ผ่านมา

      @@HectorGarciaCPA Yea I know

  • @trevorfarragut6528
    @trevorfarragut6528 หลายเดือนก่อน

    Quickbooks payroll is incredibly frustrating and annoying

    • @HectorGarciaCPA
      @HectorGarciaCPA  หลายเดือนก่อน

      It has a LOT of room for improvement

    • @trevorfarragut6528
      @trevorfarragut6528 หลายเดือนก่อน

      @HectorGarciaCPA Your video helped me a lot. It also helped me truly understand just how much the people before me messed up. There is just so much to fix.