Creating Payroll Reports
From the menu bar, Click Reports, Click Reports & Graph Center (or Click Reports & Graphs in the Quick Tabs list), Click How is my business doing?, Click Payroll, set report date, Click Customize, Click Accounts tab and Click the checking accounts from which you are writing payroll checks, Click Include tab if you are using a category name other than payroll for your payroll transactions, Click down arrow by Category Contains:, Click the category you are using for payroll transactions, and Click Create Report.
You have created a summary report of payroll transactions reported by payees that can now be memorized. Click the Memorize button on the Report window toolbar, name the report Payroll Report by Payee and Click OK.
This payroll report furnishes the information needed to complete the employee’s W-2 form. The employee’s gross wages are $21,600.00, FICA withheld is $1339.20 (one-half of FROM Payroll-FICA), Medicare withheld is $313.20 (one-half of FROM Payroll-MCARE), federal income tax withheld is $1740.00 (FROM Payroll-FWH) and Ohio income tax withheld is $470.40 (FROM Payroll-SWHOH). The figures for TO-Payroll-...are payments made to the IRS and the Ohio Department of Taxation for withheld income taxes, FICA and Medicare taxes.
The Payroll Report by Payee follows at the end of this section.