Workers Compensation is a form of insurance that replaces wages if an employee is injured in the course of work. The employee gives up the right to sue the employer for negligence. As an employer, it is important to keep track of these expenses. QuickBooks features 5 reports to help you organize workers comp premiums.

The Workers Comp Summary report shows the total gross wage paid, what is eligible for workers comp along with the rate and premium.

The Workers Comp by Code and Employee report shows breaks down the summary report data by employee.

The Workers Comp by Job Summary report shows breaks down summary information by job if it is specified for each transaction.

The Workers Comp Detail report lists each transaction type, employee, and item in addition to the workers comp information from the summary report.

The Workers Comp Listing lists the workers comp code, description, rate, effective date, and the next rate and effective date.