Mastering QuickBooks Payroll: 5 Essential Tips from Sheldon Bookkeeping
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Mastering QuickBooks Payroll: 5 Essential Tips from Sheldon Bookkeeping

ByGeorge Sheldon

Payroll management is the heartbeat of any business, ensuring that employees are compensated accurately and on time. In today’s fast-paced world, leveraging efficient tools like QuickBooks Payroll can make all the difference. As a leading provider of modern accounting solutions, Sheldon Bookkeeping is here to share five indispensable tips for mastering QuickBooks Payroll: 1. Stay…

QuickBooks Time Page Added to Sheldon Bookkeeping
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QuickBooks Time Page Added to Sheldon Bookkeeping

ByGeorge Sheldon

We added a new page: QuickBooks Time. As this website continues to evolve, this update gives some insight into the future. The QuickBooks Time Page by Sheldon Bookkeeping is more than just a tool; it’s a testament to the power of efficiency. By simplifying time management and maximizing productivity, it paves the way for a…

IRS Fines Pennsylvania Township $50,000 for Mishandling Employee Payroll
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IRS Fines Pennsylvania Township $50,000 for Mishandling Employee Payroll

ByGeorge Sheldon

The IRS has fined Allegheny Township, a Pennsylvania municipality near Pittsburgh. The IRS is not commenting on its enforcement action, but news reports suggest that the fines might be connected to the township not properly withholding taxes from employee paychecks. According to the TribLive, the township has acknowledged receipt of the fines, and audits are…

How to set up paid time off in QuickBooks Online Payroll
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How to set up paid time off in QuickBooks Online Payroll

ByGeorge Sheldon

From the QuickBooks Online YouTube Channel: With QuickBooks Online Payroll, you can give your employees time off and track it in QuickBooks. Let’s learn how to set up time off in QuickBooks, how to account for it when you run payroll, how you can track how much time off employees have left, and how employees…

QuickBooks Payroll to Include Cost Allocation
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QuickBooks Payroll to Include Cost Allocation

ByGeorge Sheldon

Coming soon in an update, QuickBooks Payroll will be able to split an employee’s hourly and non-hourly payroll costs into multiple classes and customer projects. The new features include a deeper integration between QuickBooks Payroll and QuickBooks Time, advanced payroll cost allocation, and bulk pay item management. This improvement should be a welcome addition for…

It’s Time to Take Care of End-of-the-Year Payroll Work
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It’s Time to Take Care of End-of-the-Year Payroll Work

ByGeorge Sheldon

First on your list, it’s time to make sure all of your employees payroll information is up-to-date. The end of the year is often a busy time for many small businesses, so take care of verifying the employee information as soon as possible. You should verify: Errors in social security numbers is the number one…

QuickBooks Payroll Adds New Features for Small Businesses
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QuickBooks Payroll Adds New Features for Small Businesses

ByGeorge Sheldon

In a Press Release from Intuit, Product Innovations were announced at the QuickBooks Connect in Las Vegas. According to the release, “QuickBooks Online Payroll meets the team management needs of growing businesses with expanded capabilities that simplify the complicated world of Human Capital Management (HCM), providing access to integrated payroll, time tracking, HR, and employee…

7 Compelling Reasons Why Small Businesses Should Choose QuickBooks Online
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7 Compelling Reasons Why Small Businesses Should Choose QuickBooks Online

ByGeorge Sheldon

Introduction Managing the financial aspects of a small business can be a daunting task, but with the right tools, it becomes more manageable. QuickBooks Online is a popular choice among small business owners for good reason. This cloud-based accounting software offers a wide range of features and benefits that can help streamline financial management, saving…

Properly Handling of 1099 Contractors for Small Businesses
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Properly Handling of 1099 Contractors for Small Businesses

ByGeorge Sheldon

In the contemporary landscape of business operations, the utilization of independent contractors, commonly known as 1099 contractors, has become increasingly prevalent. Small businesses, in particular, often rely on these freelancers for their specialized skills, flexibility, and cost-effectiveness. However, with this reliance comes the crucial responsibility of properly managing and handling these contractors to ensure legal…

Flexible Account Mapping now in QuickBooks Online Payroll
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Flexible Account Mapping now in QuickBooks Online Payroll

ByGeorge Sheldon

QuickBooks Online Payroll has been enhanced with Flexible Account Mapping. What this means of that Quickbooks has removed mapping restrictions from payroll settings. By doing so, there is now more flexibility when it comes to which type of chart of accounts to map payroll items. There is now less need to create journal entries in…

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