I just discovered this app and I love it! I've been playing around with it all weekend.
*You must have an Intuit Online Payroll or Intuit QuickBooks Payroll for Mac account to use this app.
Make payday even easier with the flexibility to pay employees from your iPhone! Now you can pay your employees in 3 easy steps even when you’re away from your computer by using Intuit Online Payroll Mobile.
With just a few taps, you can enter employee hours, review & approve, and instantly pay employees from your iPhone. All your paycheck details are automatically reflected in your Intuit Online Payroll account.
• Preview employee paychecks before approving
• Pay employees with Direct Deposit or manual checks
• Receive an email confirmation after completing payroll
• View a report of last payroll run
• Automatically synchronizes with your Intuit Online Payroll account
• Free phone support M-F 6AM-6:30PM PST
Is it secure? Intuit uses the same encryption technology used by banks. This means your information is protected from any unauthorized access when data is being transmitted.
I was invited to go to this, but I had plans to take my family and my grandmother on a Mexican cruise that same week. I’m so bummed I missed it…
In December, key thought leaders in the accounting profession, including trade media, bloggers, industry influencers and Advanced Certified QuickBooks ProAdvisors, were invited to Plano, Texas, where they spent two days learning about the about the array of Intuit ProLine offerings targeted to accounting and tax professionals. The group also discussed trends that will shape and impact the accounting profession in 2020.The Intuit ProLine Productivity Expo showcased more than 20 of Intuit’s offerings – some existing and some in development – that work together to help accounting and tax professionals save time.
They include QuickBooks Accountant, Intuit Statement Writer, QuickBooks Online for Accountants, QuickBooks Shared Books, ProLine Business Analysis), Intuit Online Payroll for Accounting Professionals, QuickBooks Enhanced Payroll for Accountants, Intuit 401(k), Merchant Service for QuickBooks, GoPayment, Lacerte, Lacerte DMS, ProSeries, ProSeries DMS, ProLine Tax Import, ProLine Tax Online, ProLine Tax Research, One App,ProLine QuickCollect, ProLine Practice Management), andQuickBooks ProAdvisor Program, Accountant Client Matching.
The attendees were surprised to see so many solutions beyond the basic tax and accounting offerings. As they stepped up to each kiosk, product managers, engineers and marketing managers spoke about how the products and services were designed to solve a specific customer need, as well as how the solutions worked with other solutions in the ProLine portfolio. Some of the attendees’ comments included:
On day two of the Expo, Steve King, a partner at Emergent Research, presented an analysis of the futurist Intuit 2020 Report to attendees, who then offered their varying opinions on how the demographic, social, economic and technology trends and statistics will impact the accounting and tax profession over the next decade [see “Intuit 2020 Report Offers 20 Trends: Will it Hold Up 10 Years From Now?” for specifics]. After much discussion, the attendees broke out into small groups to determine the top issues of importance to accountants and the profession.
Be sure to return to ProLine News Central in mid-2011 for the complete Accounting 2020 report.
How to Change the Default on the Process Credit Card Payment When Saving Box to Unchecked in QuickBooks
You can enter beginning balances when you setup your vendors, but I recommend entering all the open transactions as actual transactions with the correct dates so your reports are more accurate. In other words, enter your unpaid bills as bills, unpaid invoices as invoices, and uncleared checks as checks. This will pre-populate some of your beginning balances (A/R, A/P, and when you enter the beginning balance of your checking account(s) from your statement, your bank accounts).
The remaining chart of accounts beginning balances should be added via journal entries. Entering a beginning balance for your checking account will create an offset to Opening Balance Equity, which needs to be reduced back to $0 in the opening balance journal entry. This account is only supposed to be used for setting your opening balances and once everything is entered it should equal $0.
After you enter all your received revenue and paid bills, you can enter your unreceived revenue (A/R) and unpaid bills (A/P). Neither of these will show up on your bank statements.
Payroll is a little different, though, because you usually need payroll expense info to reconcile worker’s comp, etc. However, there are better payroll reports to use for this, under Employees & Payroll. Just make sure to use those instead of your profit & loss report for any sort of payroll reconciliation work because your externally reported payroll is now going to be higher than your payroll expense balance.
Third in a Series
Welcome back to Intuit Online Payroll's ongoing year-end series. Here are our latest tips on important tax changes for 2011.
Federal Tax Deposits
Starting January 1, 2011, most businesses will be required to make federal tax deposits electronically.
- Federal Tax Deposit coupons will no longer be accepted –If you use Form 8109 or 8109-B payment coupons to make your tax payments, you now need to make these payments electronically. For more details about this change, click here.
- Pay and file your federal taxes within your online payroll account – Included free in your service is the ability to pay and file your federal taxes electronically, all in one place. You'll also be able to review your tax payments and form filings within your payroll account. The setup process can take up to 3 weeks, so we recommend you get started now.
- Sign up directly with EFTPS – EFTPS is a free service offered by the U.S. Department of Treasury that allows you to pay your federal taxes electronically. You can also use EFTPS while you're waiting for your online payroll electronic services enrollment to be completed. For more information on EFTPS, go to https://www.eftps.gov/eftps.
For more information on paying your taxes electronically, click here.
Tax Law Changes for 2011
On December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Authorization, and Job Creation Act of 2010 (H.R. 4853). The act includes a two-year extension of the Bush tax cuts for all income levels. We've highlighted important changes for you below:
- Social Security reduction – For 2011, the employee portion of Social Security tax will be reduced from 6.2% to 4.2%.
- Advanced Earned Income Credit (AEIC) is eliminated – The payroll credit (advance payments of earned income credit) expires 12/31/2010. Starting in 2011, eligible employees claim this credit on their individual tax returns.
- HIRE Act expiration – The HIRE Act Social Security payroll tax exemption expires 12/31/2010. It does not apply to any wages paid in 2011.
We've taken care of these tax law changes, so there's nothing you need to do. For more on the 2011 tax law changes, click here.
New and Updated Features
We want to make sure you're getting the most of your Intuit Online Payroll service, so make sure to check our new features page frequently. Here are some of the latest updates:
- Export expenses by wage and tax type.
- Run payroll reports by work location.
- Print paychecks and paystubs in a 3-part format.
For detailed information on these new features click here.
We've made it easier to find the resources you need – from a year-end checklist and a new features page, to tax forms and a payroll reference calendar. We'll continue to update the year-end guide for you to make sure you have the most up-to-date information. You can check it out here.
News Flash – Name Displays Incorrectly in Reclassify Transactions in Client Data Review (CDR) after Installing R4 in QuickBooks for Accountants
Here's More News about the QuickBooks 2011 R4 Update from Intuit. Given all the problems they're having with this update, we highly recommend waiting to install this update until all the problems have been resolved.
When using the Reclassify Transactions tool in Client Data Review after installing R4, the Name column is either blank or displays unexpected information. For example, a check written to a particular vendor may show no name in the Name column, or the Name column may contain the Customer: Job information from the Expense line on the check.
The cause of this issue is currently under investigation by our engineers. We plan to resolve this issue as soon as possible in upcoming releases. This article will be updated as more information is available.This error does not cause any data integrity issues, only the way information is viewed in the Reclassify Transaction tool is affected.
Note: Whether or not you have updated QuickBooks to R4, you can still work with your clients’ files regardless of the release they are using.
QuickBooks Accountant 2011QuickBooks Enterprise 2011 Accountant
Frequently Asked Questions
Q: When will this problem be fixed?
A: We are currently working on fixing the issue. We will let you know as soon as a fix is available for download.
Q: Should I roll back to R3?
A: We don’t recommend this. There were other changes to improve the functionality of QuickBooks in R4. We are currently working on fixing how Reclassified Transactions works. We will let you know as soon as a fix is available for download.
Q: If I wait to download R4 can I work with my clients who already downloaded it?
A: Yes, if you are on R3 and your client is on R4, you can still exchange files and work as you always do.
There are two training videos about units of measure in Help > Learning Center Tutorials > Inventory that might help.