A payroll summary report is a great way to keep track of employee expenses and income. This report is also an important tool for understanding your company’s financial health. In this blog post, we will walk you through the steps necessary to create payroll summary report in QuickBooks.
Learn to Create a Payroll Summary Report in QuickBooks.pptx
1. Learn to Create a
Payroll Summary
Report in
QuickBooks
By Dancing Numbers
2. What is Payroll Summary Report?
A payroll summary report is a great way to keep track of employee
expenses and income. This report is also an important tool for
understanding your company’s financial health. A payroll summary
report includes information such as salaries, wages, bonuses, and
other forms of compensation paid to employees during the past
month. The report can also include information about taxes
withheld from employee paychecks.
With this learn to create payroll summary report in QuickBooks.
3. How to Create a
Payroll Summary
Report in QuickBooks
QuickBooks is a great tool for
managing your payroll, but sometimes
you may need to create a summary
report of your payroll data. This article
will guide you through the steps
needed to create a payroll summary
report in QuickBooks.
4. • First, open QuickBooks and click on the “Payroll” menu item from the main menu bar. The
“Payroll Summary Report” dialog box will appear.
• In this dialog box, you will need to select the date range for which you want to generate a
summary report. You can select any date range that covers the entire period of your payroll
records (for example, all months or all years). Click on the “Next” button to continue.
• The next step is to select the accounts that you want to be included in your summary report.
You can include any accounts that contain information about your employees’ paychecks (for
example, an employee’s name, job title, salary information, and so on). To include an account
in your summary report, just click on it in the list box and then click on the “OK” button.
• Now it’s time to configure some of the report’s other settings. The first option is “Report Type.”
This setting determines how detailed your summary report will be (for example, whether
salary information will be displayed separately for each pay period or combined into one total
sum for each employee). The available options are “Summary by Pay Period,” “Summary by
Account,” and “Summary by Employee.”
5. What to include in the Payroll Summary Report
QuickBooks payroll reports are an important tool to keep track of your
company’s financial health. Below is a list of items you should include in
your payroll summary report:
1. Total Wages and Overtime Paid
2. Number of Employees
3. Cashier Check Counts
4. Payroll Deductions
5. Employee Stock Ownership