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How To Set Up A Payroll Management In Quickbooks?

 Posted by quickbook Support on Sep 26, 2018

When you have several employees working under you in a company, you are responsible not only for issuing paychecks at a specific schedule but also for deducting and paying state, local and administrative income taxes to the government. What if there is a solution to keep things sorted and without any mess? Yes, Quickbooks offer the amazing feature called Payroll Management.

People are intimidated the huge responsibility of remembering and keeping notes of whom and where to pay. To see it from the outer side would look like a lot of work, but once you have the payroll system in place, it’s not difficult at all. Quickbooks Support will help you in setting up set up a Payroll Management system that will streamline the process:

Step 1: Navigate to Employees Menu

Go to Launch Screen of the accounting software and click on Employees in the sidebar menu.

Ensure that you have an employee list and if not, you will have to make one later in the process.

Step 2: Locate the Payroll Module

On Employees, locate and click Get started with Payroll on the right side of the panel.

Step 3: Enter Payroll Setup Details

In the Payroll Module, you will receive few questions and you will have to answer those. In case, you are not sure about any question, click on the blue links on the page

Step 4: Add Your Employees

Now, you will have to add your employees. To do that, you have to select Add employee on the left side of the screen.

Step 5: Enter Your Employee Details

To proceed with the process, enter your employee’s First name, M.I. and Last name into the appropriate text boxes. Then, enter the W-4 form to fill the information about employee’s tax withholdings.

Next, you will have to fill out employee’s address, SSN, and marital status on the W-4 screen. Reference your employee’s W-4 form, fill up text boxes with appropriate information and click Done to finish the process.

Step 6: Fix The Pay Schedule

Here again, you will have to answer a few questions like How often do you pay your employee? To answer this question, click on the Enter a pay schedule beneath the question.

To fix a pay schedule, choose a pay interval from the drop-down menu available beneath the question.

The accounting software also displays your upcoming pay periods based on the dates. You can even use the same schedule for payment to employees you add later, you simply have to check on the box at the bottom of the screen.

Next, click Done.

Step 7: Set The Amount To Pay Your Employee

Similar to the earlier step, you will get the question How much you pay your employee?

Here, you can choose an hourly rate, but you also get the option to pay by salary. To check if there are other ways to pay your employees, click Add additional pay types in blue.

You can also pay your employees for overtime, add that pay type by checking the box. The genius of this feature is that, you will not have to manually type the amount but QuickBooks will calculate it for you.

Click Done when you are done with the process.

Wasn’t it easy? Quickbooks is great for individual or small business but in case you are facing any issues with this software, you can contact us directly at Quickbooks Support Number +1-855-253-4222. Our team will always find a solution to your problem and also answer your queries regarding the accounting software.

Read More: How to prepare your business Taxes using QuickBooks?

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