QuickBooks Payroll and Expenses: Company Preferences Part 1


QuickBooks offers many different options to users who are looking for a neat and organized way to manage their employee expenses.  Most of the options for employees are in the Payroll and Expenses section. Here are some of the options that are offered in the Company Preferences tab.

  • QuickBooks Payroll Features
    • Full Payroll
      • Choose this option if you intend to use QuickBooks to deal with payroll and expenses in any way at all.
    • No Payroll
      • Choose this option if you have no payroll or employees or if you do not use QuickBooks to manage this aspect of your business.
    • Complete Payroll Customers
  • Set Preferences for
    • Pay Stub and Voucher Processing
      • The option will open another window where you can find a large selection of options.
      • And how to print pay stubs and vouchers.
    • Workers Compensation
      • This button opens a small dialog screen with options regarding worker’s compensation and whether or not you would like to track it. Depending on your business type and other options, this may gray out.
    • Sick and Vacation
      • This button will open a dialog screen with options concerning the default amount of hours for sick and vacation leave that your company gives to employees.

Check back tomorrow for part 2!

Gita Faust

About the Author

Gita Faust has over 30 years of accounting experience in the real estate and property management industry, Gita Faust is more than just a real estate investor; she is also popular for her work as an accountant, consultant, mentor, speaker, QuickBooks Top ProAdvisor, QuickBooks Solution Provider, member of Intuit’s Trainer/Writer Network, and, of course, author. Gita is well-known for her exemplary leadership and advisory skills. In fact, she even helped pioneer the adaptation of QuickBooks to suit the needs of professionals in real estate and property management. To share her knowledge she has written a series of courses titled Simplified Accounting Solution, which provides step-by-step guidance for those working with QuickBooks.

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