How Do I Print A Payroll Register In Quickbooks

How To Run Payroll Reports In QuickBooks Pro

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I of the all-time parts most QuickBooks Desktop is the number of reports the software offers. The payroll and employee reports are peculiarly helpful for reviewing your business organisation'southward payroll and analyzing your financial state. Luckily, running the reports is also a piece of block. Here's how it's washed.

Why Are Payroll Reports Of import?

Before we spring into how to run payroll reports in QuickBooks, permit's first sympathize why payroll reports are important for your concern.

In that location are a few dissimilar reasons why your business should regularly run payroll reports. These include:

• Withholding Compliance: It is your responsibility as an employer to withhold sure taxes from your employees' paychecks. These include Social Security tax, Medicare revenue enhancement, federal income tax, and (in about states) state income tax. Noncompliance with tax laws tin result in a lien or levy placed confronting your business concern. In some cases, y'all may even be prosecuted. You can ensure that you lot're compliant with employment tax laws by regularly running and reviewing payroll reports.
• Filing Your Taxes: When information technology's time to file your taxes, payroll reports can be extremely valuable. This is because you can use the information from these reports for writing off your payroll expenses and your portion of payroll tax payments. Payroll reports are critical for your quarterly estimated tax payments and your almanac business income taxation return.
• Loan Forgiveness: If your business received a Paycheck Protection Plan (PPP) loan, you know that you can achieve total or partial loan forgiveness by spending funds on eligible payroll expenses. When it comes time to apply for forgiveness, having payroll records at the fix helps shorten and simplify the process while ensuring that your loan is forgiven.
• Small Concern Loans: If you're seeking a pocket-size business loan from a depository financial institution or other lender, you take to submit an application along with other documentation to show the wellness of your concern — the profit or loss, your expenses, etc. Some lenders may crave you lot to submit payroll reports for an accurate view of your payroll expenses.
• Track Costs: Businesses facing financial hardships need to clarify their costs, including payroll expenses, closely. By running payroll reports, you can meet exactly how much money is going into your labor costs so that you can brand adjustments as needed — such every bit calculation or reducing staff — to best do good your business. Furthermore, you can besides use payroll reports to make up one's mind if it's financially feasible to offer raises — and how much — to employees or distribute bonuses.

Payroll Reports In QuickBooks

There are 13 payroll and employee reports total in QuickBooks Pro. You can apply the software to run the post-obit reports:

• Payroll Summary
• Payroll Particular Detail
• Payroll Particular Review
• Payroll Transactions by Payee
• Payroll Transaction Detail
• Payroll Liability Balances
• Payroll Item Listing
• Employee Earnings Summary
• Employee State Taxes Detail
• Employee Pay Adjustments History
• Employee Contact List
• Employee Withholding
• Paid Time Off List

How To Run Payroll Reports In QuickBooks

To run a study, go to Employee>Payroll Centre>Reports. And so click the "Report Centre" option.

You'll and then be taken to a screen like the one below, where yous will see every report that QuickBooks offers.

Pace ane: Click On "Employees & Payroll"

Go to the "Employees & Payroll" tab and search for the desired written report.

Footstep two: Select The Written report

Once you detect the report you wish to view, click the dark-green "Run" push to view the report.

Step 3: View Your Report

Once you run your written report, you can view, customize, print, email, or download the study into Excel.

Repeat the process to view another report. The process is the same for each study in QuickBooks.

At present that you know how to run payroll reports, you can analyze your payroll history and employee's working patterns to run your business better.

If you lot have any troubleshooting issues, check out the QuickBooks Payroll Help Centers or phone call QuickBooks payroll support straight. Don't forget to cheque out the residue of our QuickBooks Desktop Pro 101 Series to learn how to export files, create a budget, use direct eolith, write and print payroll checks, and more.

Overwhelmed by QuickBooks Pro? Maybe it's time to switch to QuickBooks Online. QBO is easy to use, cloud-based, and affordable. Best of all, you lot tin easily import your QuickBooks Desktop data into QuickBooks Online.

Outgrown QuickBooks Pro? Switch to QuickBooks Premier. It's the same QuickBooks Desktop software you dear but with more users and advanced, manufacture-specific features.

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An skillful in accounting, finance, and point of auction, Erica has been researching and writing virtually all things small-business since 2018. Erica's insights into personal and business organization finance accept been cited in numerous publications, including MSN, Real Simple, and Reader's Assimilate. She is a graduate of Limestone Higher.

View Erica Seppala'due south professional person experience on LinkedIn.

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