Payroll

I have Quickbooks Pro 2006 Mac. I run a small videography business where I am the owner and only employee. I want to set up a Payroll for myself for tax purposes yet. The only thing I can find on payrolls however is a monthly fee based service. I really don't want to pay $42.99 a month so I can write myself a check twice a month for tax purposes (federal and state). Am I missing something or is this the only solution for payroll?

A friend has Quickbooks Pro 2006 (Windows) and purchased their Payroll software for $60 for the first year and $99 each year after. I can justify that cost but not $42.99 a month. Did they change how they do their Payroll software?

Reply to
Marc B.
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Quickbooks offers payroll subscriptions that work from inside QB for Windows. QB for Mac doesn't have such a luxury, you have to use a third-party payroll program.

I'd recommend using Excel (or whatever spreadsheet app you may be using) and do your payroll manually. Then just create a journal entry to put your payroll info into QB.

Have you discussed your desire to put yourself on payroll with your accountant?

Reply to
scfundogs

He's the one that recommended it.

Reply to
Marc B.

You really need to talk to your accountant about this. There are some special regs on this.

Reply to
Golden California Girls

I don't know who you bank with but Bank of America offers complete payroll to its business checking customers. Two employees, not doing direct deposit, would cost $10 per month. This is according to their website, I haven't personally tried it.

Reply to
scfundogs

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