We will enter payroll transaction into QUickBOoks Online and QuickBooks Desktop 2018 comparing and contrasting the two accounting software. There are many different ways we can deal with payroll. QuickBOoks has at least three levels of paid payroll and we could have payroll done by a third party. Whether we use QuickBooks to process payroll or have a third party process payroll we need to have some understanding of the accounting transaction related to payroll.
We will calculate payroll and then enter the transaction into QuickBOoks Online 2018. We will then analyze the effect of the financial transaction on the financial statements.
For more accounting information see our website.
http://accountinginstruction.info/
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