QuickBooks Integral - Child Support Garnishments

How develop, track and pay Son or daughter Garnishments in QuickBooks seems to be a pretty popular topic of discussion, I see this question frequently on most of the QuickBooks forums and news groups that i frequent, so here is a touch tutorial for setting from a weekly Child Deductions.

Quick Facts About Child Garnishments:

• Child fantastic post (after) tax deduction make up the employee paycheck.






• It is possible you will have more than one employee if you do a Child Deduction.






• It seeking to have employee specific deduction components of your Payroll Item itemizing.






• It is not necessary to have employee specific liability accounts your self Chart of Accounts.

Creating younger Garnishment deduction item in QuickBooks is rather easy.

• From the actual Lists menu -> settle on to Payroll Item List






• Click on a Payroll Item button (lower left) -> and select New






• Select the EZ-Setup method -> click on the Next button

• Select the opposite Deduction option -> and click the Next button

• Check the Wage Garnishment option -> click on the Next button

• Enter the informatioin needed for who the money is sent to (this is a QuickBooks vendor), the account number that must be displayed on the examine, and how often the money must be sent in -> click on the Next button and then click Finish.

At this point QuickBooks generates a payroll deduction item locally Payroll Item List which is called Wage Garnishment. You should probably edit this item, changing it's name to nearly anything meaningful - perhaps around Employee X Child OR Employee X CS.

• Go to Lists -> Payroll Item List -> to make Wage Garnishment and double-click in a placebo to Edit.






• In the Enter Reputable name Deduction field (it will advise you Wage Garnishment) just connect Employee X CS -> and then click the Next button

• For fault account, make sure anyone to select (or create) a sub-account of a normal Payroll Liabilities account - a quick trick to add a subaccount listed here on this window is to get first select the uncomplicated Payroll Liabilities account, simply click on into the box and go through ": Child " (without diverse quotes), you will immediately be told that the account doesn't exist could select Set Up; create the account and then choose it.






• Keep clicking before starting button on the after windows, changing nothing, until you reach the last window; where you'll find select Finish.

Adding the particular Garnishment to the Stylists Record

• From the Employees Center, find and Modify the Employee






• Switch to the Payroll & Compensation section when using the Change Tabs drop way back menu






• Click into diverse Additions, Deductions & Stash Contributions section, and the particular Item Name column, buy the right deduction item, and give it an amount.

Each week adding special promotions payroll, the specified amount is always deducted from the employees paycheck and ship to the Liability account and will also be shown on your Chart of Accounts maybe a Balance Sheet Report.

To actually generate the check to be sent to the Agency collecting the money, you'll go to the Payroll Tab for the Employee Center and select it in their Pay Scheduled Liabilities location.

I hope you actually this written tutorial very good, if so please leave an announcement.

.