A paycheck is a paper document that is paid to an employee. If you want to create a paycheck in QuickBooks then you first need to set up QuickBooks Payroll for transactions then you will be able to create single to multiple QuickBooks paycheck. You can create three types of paychecks in QuickBooks payroll.
In this blog, we will discuss how to create a Paycheck in QuickBooks and the types of the QuickBooks Paychecks.
There are three types of Paychecks in QuickBooks payroll. We have mentioned all of them as follows:
Scheduled Payroll is the one in which you pay your representatives on a “standard calendar,” such as week by week, month to month, etc. It also considered under a Scheduled Payroll category even if you are paying the employees on an alternate calendar. You need to ensure that finance plan dates are correctly put in before running planned finance.
This type of Paychecks will come into the scenario when you do not pay your employees routinely, or you are paying them an “off-cycle” paycheck or reward check, etc. that is not adjoined with their regular paycheck.
You can use Termination Checks to pay off the last paycheck to the discharged or fired workers. The format helps you to enter a representative’s discharge date and inspecting them idle(discretionary).
Follow the steps written below before creating QuickBooks Paychecks in QB Desktop:
Listed below are the steps that help you to create a paycheck in QuickBooks:
In Scheduled payroll:
In Unscheduled payroll
You will directly open up with entering Payroll information.
Termination is also called a late payroll paycheck. So, follow the steps written below to create a termination check:
For printing, select the required option.
For check options:
For Direct Deposit options:
Note: If you are paying to your employees through direct deposit then, save the serial number of a check since you need to fill it in the text memo.
We have discussed all the types and steps to create QuickBooks Paycheck in the above blog. In case, the above steps of creating paychecks did not help to create a paycheck on your own then, you can contact us immediately at our Toll-Free QuickBooks Desktop Support Number.