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Advice on payroll

OK, just need a bit of advice here please. I have Quickbooks 06-07, my accountant has Quickbooks 07/8, and i have quicken payroll v12 (with manually updated pay scales). I was doing the pays in payroll v12, decided to give it my accountant to do - they did it in quickbooks 2007-8, and now because they have been making mistakes i want to take it back over doing it myself. My problem arises in that they want me to do it in quickbooks 7/8 and i only have

6/7? Obviously i want to avoid spending $500 a year to keep upgrading QB. Will i be able to import the file into the older version? If so and i make changes to it, when i send it back will they be able to work on it in the newer version?

My other question is concerning the pay program part of quickbooks, how does it compare to quickpayroll? I am very familiar with quickpayroll and would prefer to use that, but if switching to QB is very easy I should bite the bullet and learn the new one.

Thanks in advance

Reply to
Vidman
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You will not be able to import 07-08 files back into 06-07. The files are not backwards compatible. And 07-08 has the tax scales and documents for the ATO when you do your end of year activities (payment summaries, files to ATO etc). 06-07 files do not produce these in approved ATO format for the 2007-08 financial year.

It is pretty similar, although the award functionality is not available and you cannot make historical changes to previous payroll cheques if you have made an error that it discovered after the last pay you ran.

Give it a try - you can download a trial version that you can use for

90 days from
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You may need some help setting it up

- while your are there look at the Find a Consultant page for someone near you.

Bob Williams Quicken Accredited Partner

Reply to
Bob Williams

I forgot to add that only Payroll Premier v16 has the ATO approved documents as well. You face an upgrade whatever you do - you only need one upgrade if you move to integrated payroll in QuickBooks.

Bob

Reply to
Bob Williams

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