This is one of the best demonstrations of the entire payroll accounting from beginning to end available on TH-cam. Thanks a lot for this informative video.
This video helped a ton with figuring out my small biz Quickbooks journal entries. Thanks for the accounting refresher Athens Tech instructor, great job :-)
I'm starting getting interest in QuickBooks payroll. Your video made it more clearer and very informative. Hope you continue to upload videos. Waiting for more from your channel 🙂
How do you do journal entries for the fishing/whaling industries? Example: Fishermen (and whalers) don't get paid sometimes for weeks, months, or even years. How do you make journal entries for them? Thank you.
Hi. She debited it twice but with different accounts names. Remember the employer pays everything but they have to differentiate the EE expenses and the ER expenses. In the EE expenses she included everything ( Wages, EE taxes and other deductions ), which is correct, and for the ER expenses she also included the taxes, but this time the ones the ER will pay including FUTA and SUTA. I really hope this helps 🙂
Hi. This is getting paid to the IRS once a year using the form 940 to report the data. The journal entry is the same as the others. Debit the FUTA Payable and Credit the Cash once it is paid. I hope this helped 🙂
mam, I have a question like this : narayan is getting so busy that he decides to hire an employee for 5000 a month .Narayan makes his first payroll payment.- journalize in the books of Narayan so journal of this question should like this salaries expense a/c dr. 5000 to cash a/c 5000 am I right or wrong? plz answer me ...
This is one of the best demonstrations of the entire payroll accounting from beginning to end available on TH-cam. Thanks a lot for this informative video.
This video helped a ton with figuring out my small biz Quickbooks journal entries. Thanks for the accounting refresher Athens Tech instructor, great job :-)
Thanks for the lesson. Love your accent too ;)
I'm starting getting interest in QuickBooks payroll. Your video made it more clearer and very informative. Hope you continue to upload videos. Waiting for more from your channel 🙂
You explained it betten as opposed to my Professor!, Thank You. :D
Very good video
I need a tax school that teaches with mostly videos
Nice
Well explained!
Awesome explanation! Thank you!
thank you for your detailed explanation
Thank you thank you soo much!! This really hepled me in my assignment 😆
How do you do journal entries for the fishing/whaling industries? Example: Fishermen (and whalers) don't get paid sometimes for weeks, months, or even years. How do you make journal entries for them? Thank you.
great tutorial. My question is regarding an outsourced payroll. Is the process any different for that?
What about FUTA deposit?
Does not make sense, you have credited the tax account two times and only debited it once????
Hi. She debited it twice but with different accounts names. Remember the employer pays everything but they have to differentiate the EE expenses and the ER expenses. In the EE expenses she included everything ( Wages, EE taxes and other deductions ), which is correct, and for the ER expenses she also included the taxes, but this time the ones the ER will pay including FUTA and SUTA. I really hope this helps 🙂
May I ask if this is complete tutorial/discussion for the payroll?
Thank you, this helps a lot.
Great presentation, thank you so much!
nice explanation
What HI tax stand for
Thanks it's helpful
Thank you this was a big help!
Very good presentation. My only issue is you left out who FUTA gets paid to.
Hi. This is getting paid to the IRS once a year using the form 940 to report the data. The journal entry is the same as the others. Debit the FUTA Payable and Credit the Cash once it is paid. I hope this helped 🙂
We are international so plz full abbreviation
mam, I have a question like this : narayan is getting so busy that he decides to hire an employee for 5000 a month .Narayan makes his first payroll payment.- journalize in the books of Narayan
so journal of this question should like this
salaries expense a/c dr. 5000
to cash a/c 5000 am I right or wrong? plz answer me ...
You forget the taxes. The employee doesn't get the full $5,000.
thanks
talk dirty to me
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