This is one of the best demonstrations of the entire payroll accounting from beginning to end available on KZread. Thanks a lot for this informative video.

This video helped a ton with figuring out my small biz Quickbooks journal entries. Thanks for the accounting refresher Athens Tech instructor, great job :-)

Awesome explanation! Thank you!

Thanks for the lesson. Love your accent too ;)

Thank you, this helps a lot.

I'm starting getting interest in QuickBooks payroll. Your video made it more clearer and very informative. Hope you continue to upload videos. Waiting for more from your channel 🙂

thank you for your detailed explanation

Thank you thank you soo much!! This really hepled me in my assignment 😆

Great presentation, thank you so much!

You explained it betten as opposed to my Professor!, Thank You. :D

Thanks it's helpful

Well explained!

I need a tax school that teaches with mostly videos

nice explanation

great tutorial. My question is regarding an outsourced payroll. Is the process any different for that?

Nice

Thank you this was a big help!

May I ask if this is complete tutorial/discussion for the payroll?

Very good video

Very good presentation. My only issue is you left out who FUTA gets paid to.

@irgjdp

Жыл бұрын

Hi. This is getting paid to the IRS once a year using the form 940 to report the data. The journal entry is the same as the others. Debit the FUTA Payable and Credit the Cash once it is paid. I hope this helped 🙂

mam, I have a question like this : narayan is getting so busy that he decides to hire an employee for 5000 a month .Narayan makes his first payroll payment.- journalize in the books of Narayan so journal of this question should like this salaries expense a/c dr. 5000 to cash a/c 5000 am I right or wrong? plz answer me ...

@titiung

6 жыл бұрын

You forget the taxes. The employee doesn't get the full $5,000.

We are international so plz full abbreviation

What about FUTA deposit?

What HI tax stand for

thanks

talk dirty to me

..

Does not make sense, you have credited the tax account two times and only debited it once????

@irgjdp

Жыл бұрын

Hi. She debited it twice but with different accounts names. Remember the employer pays everything but they have to differentiate the EE expenses and the ER expenses. In the EE expenses she included everything ( Wages, EE taxes and other deductions ), which is correct, and for the ER expenses she also included the taxes, but this time the ones the ER will pay including FUTA and SUTA. I really hope this helps 🙂