QB Switch-- Payroll
Goldenseal accounting software includes payroll which is fully integrated with the other accounting functions. When you enter payroll info, Goldenseal also uses it for job costs, time and materials billing, and tax payments.
Here is some basic info about Goldenseal's payroll:
Withholding and Employer Taxes
Goldenseal includes federal, state and local withholding info for the US and Canada. You can import tax tables from the program CD. We also provide free annual tax updates from our website.
You can also create your own payroll tax items for union dues and other payroll deductions. To do that, choose Payroll Setup from the Costs menu, and choose Tax Items from the submenu.
You'll enter specific tax info for each employee in their Employee account record.
Goldenseal handles any type of benefit. To enter benefits, choose Payroll Setup from the Costs menu, and choose Benefit Items from the submenu.
You'll include each benefit item in a Benefit Package, and then assign a package to each employee in their Employee account record.
To enter vacations and paid holidays, choose Payroll Setup from the Costs menu, and choose Vacation Items from the submenu.
You'll include each vacation item in a Vacation Package, and then assign a package to each employee in their Employee account record.
Goldenseal automatically tracks vacation time. You can use vacation time in a Labor Hours record, and adjust it in Payroll Records.
Goldenseal supports multiple wage rates for each employee, for example if they receive different pay for union and non-union projects. You can also use Wage Schedules to use different benefits or tax items, for example if an employee works in more than one state or province.
To set up wage schedules, choose Payroll Setup from the Costs menu, and choose Wage Schedules from the submenu.
Use Labor Hours records to enter the time spent by each employee. You'll assign it to job costs, and enter the wage schedule to use for the work.
Goldenseal automatically computes overtime hours, job cost amounts, and amounts for time and materials billing.
To write payroll, choose Write Payroll from the Bank menu. Goldenseal automatically computes withholding, employer taxes, benefits and vacation amounts.
Each pay period is recorded in a Payroll Record which shows hours worked, withholding and employer taxes, and other details.
Goldenseal prints paychecks, complete with a breakdown of wages and withholding.
To see a details for any employee pay period, choose Payroll Records from the Costs menu. Each record shows one pay period for one employee. Click on the breakdown field on the left side of the window to switch between the employee hours, commissions, withholding, benefits and vacation info.
Goldenseal also creates a Payroll Record when an employee pays for a purchase. That way you can combine the reimbursement in with their regular payroll.
You can also enter individual Payroll Records for adjustments to withholding, benefits or vacation time.
Goldenseal automatically tracks tax payments that are due to each tax agency.
To see tax payment amounts, choose Pay Bills from the Bank menu, and enter Payroll Taxes into the popup at upper right.