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Posted by Allan Martin on July 19, 2006, 4:26 pm
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>> If someone is entering payroll data for more than one employee, there
>> is a place to enter the employee specific data and the employer
>> contributions for each employee while creating a paycheck in
>> QuickBooks.
>>
>> My payroll company sends me a set of reports with detail for each
>> employee's contributions, but only departmental detail for the
>> employer's contributions. It seems like I should get employee level
>> detail for the employer contributions to allow me to easily enter the
>> data that quickbooks needs to keep things straight.
>>
>> The payroll company says no one has ever asked for this so I am
>> assuming I am missing something.
>
> Are you employing this company to simply run payroll on your checks or are
> *they* paying your employees on your behalf but under their EIN & on their
> checks?
What are you talking about?
>
> If its the former then I can understand wanting the detail. As long as
> they can provide it in the event of an audit or even at year-end though I
> think the paper trail would back-up your lump-sum entries.
>
> If its the latter and your employees are technically in the payroll
> company's employ & their checks are written on that company's checking
> account then you don't need the detailed information. You are only
> reimbursing them for their costs and wouldn't be liable for payroll
> liabilities anyway.
>
> --
> Tara
>
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