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January 4, 2022
Question

Can I pay an employee before I have my chart of accounts set up?

  • January 4, 2022
  • 1 reply
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1 reply

Angelyn_T
January 6, 2022

Hi there, Ander. Let me share with you some information about paying employees in QuickBooks Online (QBO) Payroll.

 

Before you process your employees' pay, you need to set up your Chart of Accounts for proper accounting of your payroll taxes and wages. Here's how:

 

  1. Sign in to your QBO account.
  2. Click on Accounting at the left pane, then tap on Chart of Accounts.
  3. Select New to create a new account.
  4. Fill in the account details.
  5. Tap on Save and Close once completed.
  6. Repeat the same steps for other accounts.

 

After that, you can set up your payroll accounting preferences. Then, pay your employees. For your reference, open this link: Process or run payroll.

 

When you're ready to pay and file your payroll taxes and forms, use this article as your guide: Pay and file payroll taxes online.

 

Please let me know how else I can help you with your payroll entries. I've got your back and am always happy to help. Wishing you a good one!