Generating payroll reports
By now, you know that QBO includes a library of preset reports that provide business owners with an insight into every aspect of their business. There are several summaries and detailed reports you can generate to gain insight into your payroll costs, payroll deductions and contributions, vacation and sick leave, and payroll taxes. These reports will help you to complete payroll tax forms and make payroll tax payments to the appropriate state and federal tax authorities.
Follow these steps to generate payroll reports:
- Click on Reports on the left navigation bar, as indicated in Figure 15.13:
Figure 15.13: Navigating to the Reports Center
- Scroll down to the Payroll section and you will see several reports, as indicated in Figure 15.14:
Figure 15.14: Payroll reports available in QBO
- The following is a brief description of the information you will find on five key payroll reports:
- Paycheck List...