New QuickBooks Reports Help You Understand Tax Forms Calculations
Intuit QuickBooks Payroll automatically calculates and fills out your quarterly and year-end tax forms for you, but sometimes you might have questions about how the software determined a particular amount on a form. Some new and enhanced reports are now available within QuickBooks, so you can see the details in the totals.
Tax Forms Worksheets with Quick Zoom
An enhancement included in updates to QuickBooks 2007, 2008, and 2009 allows you to Quick Zoom on the numbers in your tax forms, producing a new worksheet or report that shows all the detailed transactions that make up that number.
To access the Tax Forms Worksheets with Quick Zoom:
- From the Reports menu, select Employees & Payroll.
- Select More Payroll Reports in Excel, and then choose Tax Form Worksheets.
Payroll Summary by Tax Tracking Type
The new report Payroll Summary by Tax Tracking Type groups payroll data first by the tax tracking type and then also shows the payroll item detail within the type. This report can be useful to see a more summarized version of the payroll data or to troubleshoot the setup of your payroll items. This new report is included in updates to QuickBooks 2007, 2008, and 2009.
To access the Payroll Summary by Tax Tracking Type report:
- From the Reports menu, select Employees & Payroll.
- Select More Payroll Reports in Excel, and then choose Payroll Summary by Tax Tracking Type.
For More Information
QuickBooks has developed clickable forms, which allow you to see IRS instructions, QuickBooks information, and troubleshooting tips for many of our most popular forms. Select a form, and then click on any blank in the form for helpful information.
For more information about forms, go to www.payroll.com/support, select your Intuit QuickBooks Payroll solution, and click the Forms tab.
To learn more about using reports, from the Help menu in QuickBooks, select QuickBooks Help. Then choose the Index tab, and type "reports" for a list of topics.