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3 Answers

What is payroll tax?


Payroll tax is the money that goes to the state and or federal government directly from your salary. There are two basic kinds of payroll tax. The first is the kind that your employer pays on your behalf and the second is the money that you pay out of your salary. These amounts are always based on your salary and they are related to each other. For example if you make 10 dollars per hour and your coworker makes 20 dollars per hour, the amount of payroll tax they and your employer pays for your coworkers is twice that of yours.

Aug 19, 2013 | Finance

4 Answers

What is payroll?


Payroll can mean two different things. Mainly it is used to describe the salaries that go to employees but it can also refer to the list of employees that are receiving salary.

Aug 19, 2013 | Finance

1 Answer

What is tally ?


Tally is an accounts and inventory management software which is having many other features too. With the latest version of this software Tally9 you can
1. do all basic accounting functions,
2. Manage your store and items,
3. do the job costing,
4. manage payroll,
5. get many mis reports which are useful for day today functions,
6. file your tax returns like prepare balance sheet, profit and loss statement, VAT forms, TDS, returns, Service tax returns, e-TDS filing, Excise forms, FBT reports and forms,
7. maintain budgets, scenarios,
8. calculate interest on pending amount
9. manage data over different locations and synchronize it and many more other features.

In fact in todays environment you just need a computer and Tally to manage your business and you to run it.
you can get more info on tally at
http://apnitally.blogspot.com
Hope this can help you to understand tally better.

Mar 01, 2011 | Tally MT661 Printer

1 Answer

Payroll set up with child support garnishment etc. in Quickbooks


You have to link the payroll item to payroll liabilities account. The default setup links them to a general account of payroll expenses and or payroll liabilities. You have to setup individual accounts in the chart of accounts and link the related payroll item to the account.
www.cpahispano.com

Apr 03, 2009 | Intuit Quickbooks Pro 2008 W/Payroll 2008...

2 Answers

How to create and solve the payroll in tally


How to Create in Payroll in Tally 9? Please Explain neatly

Mar 14, 2009 | Tally T2250 Matrix Printer

1 Answer

I have duplicate accounts for Colorado Unemployment Taxes


Are they named the same or is there a 1 or some other variation for the extra account.
You cannot merge payroll items, the only thing that you can do is to make sure you have all employees using the same payroll item, Do a payroll adjustment to move any balances over to the proper payroll item and then make the extra account inactive.
This will take you to one and let you run set up

Jan 08, 2009 | Intuit QuickBooks Pro 2007 Full Version...

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