Payroll Easy Setup Assistant—Assign linked accounts for your payroll transactions

In this step you need to select the default accounts that will automatically be used for your payroll transactions. These accounts are known as linked accounts.

Field Descriptions

Account for Cash Payments

Select the account from which you withdraw funds to pay your employees in cash, for example, a cash drawer account. The account must be a bank or credit card account type.

Account for Check Payments

Select the account from which you pay your employees by checking. The account must be a bank or credit card account type.

Account for Electronic Payments

Select the account from which you pay your employees electronically. The account you select must be a bank or credit card account type.

Account for Employer Expenses

Select the default account that will be used for new Employer Expense payroll categories. This account will help you track the employer expenses relating to your employees’ payments. When you create a new category, or edit an existing one, you can select a different account.

Account for Wages Paid

Select the default account that will be used for new Wage payroll categories. This account will help you track your wages expenses. When you create a new category, or edit an existing one, you can select a different account.

Account for Deductions & Expenses

Select the default account that will be used for new Deduction and Expenses payroll categories. This account will help you track the amounts you withhold from employee payments, such as taxes and other payroll deductions. When you create a new category, or edit and existing one, you can select a different account.

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Related Topics

■	Set up payroll

■	Creating payroll categories

■	Paying your employees