From the course: QuickBooks Payroll Essential Training

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Editing payroll items

Editing payroll items

From the course: QuickBooks Payroll Essential Training

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Editing payroll items

- [Instructor] The Payroll Setup Interview helps you set up what you need to run payroll. Once you complete the interview, you can edit payroll items within the Payroll Item List when you need to make changes. In the top menu bar, click Lists and then choose Payroll Item List. That opens up a window, and it shows all of the payroll items that have been created. These include the ones that QuickBooks payroll added for you, as well as the ones that you added while you were in the QuickBooks Payroll Setup Interview. Now notice you can see that a lot of key values have been filled in for you. For example, federal unemployment tax is .6% and it has a limit of $7,000. Similarly, we've got social security, 6.2%, and the limit is $137,700. You can scan through this list to see if there's anything else that needs to be changed. So for example, maybe we want to edit the health insurance company paid item. I'm going to…

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