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Title art adapted from images courtesy of Intuit. The Author prepared some graphic images used in this feature from pre-release copies of QuickBooks 2022. Editor's AcknowledgementsĪ general acknowledgment to Intuit for graphic images used in this feature, Insightful Accountant adapted some images to emphasize a specific feature. You could read Laura's Intuit Firm of the Future article on QuickBooks Desktop 2022, or you could attend one of Laura's webinars she will be presenting on behalf of Intuit which you can register for at the Firm of the Future article website here. If you are reading this (due to our publication date), you either already attended or missed Insightful Accountant's special September QB Talks held on October 6, 2021, when Laura Madeira presented her version of " What's New in QuickBooks Desktop for 2022". They will explain the process of performing the tax calculations, payments, and related reporting on your behalf.To the extent you require, they will help you run your first Payroll: entering employee hours, reviewing, and approving it.They will also assist you with your first Payroll and explain the filing and paying of taxes related to it. Reconciling your payroll taxes to your payroll data since January of the current year.Entering all year-to-date payroll history and tax payments since January of the current year.They will review and enter/adjust any year-to-date payroll history and tax payments as may be required based on the starting date of your first QuickBooks Assisted Payroll in relationship to the Tax Year, including: Benefits information (401(K), wage garnishment, paid time off).Direct deposit information for each employee (if applicable).Compensation information (hourly rate, yearly salary, commission).They will set up your employees based on W4 information, payroll items, and benefits that apply, including: State Unemployment Tax rate information.(Some states use 1 number for both state withholding and unemployment taxes others have different account numbers for each type of tax). State Withholding and Unemployment Tax identification/account numbers.They will set up Federal and State Taxes, including: Other payroll deductions and additions (wage garnishments, mileage).Employee benefits information (health insurance, retirement, paid time off).They will check your Company Payroll Information and perform set up, including: What you can anticipate during Assisted Payroll SetupĪssisted Payroll Support will help you complete your setup by performing the following services.
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