{"id":35988,"date":"2024-04-23T08:25:29","date_gmt":"2024-04-23T08:25:29","guid":{"rendered":"https:\/\/www.greatassignmenthelp.com\/questions\/?p=35988"},"modified":"2024-04-23T08:25:29","modified_gmt":"2024-04-23T08:25:29","slug":"alan-is-recording-payroll-that-was-processed-outside-of-quickbooks-which-quickbooks-function-would-be-most-useful","status":"publish","type":"post","link":"https:\/\/www.greatassignmenthelp.com\/questions\/alan-is-recording-payroll-that-was-processed-outside-of-quickbooks-which-quickbooks-function-would-be-most-useful\/","title":{"rendered":"Alan is recording payroll that was processed outside of QuickBooks. Which QuickBooks function would be most useful?"},"content":{"rendered":"
Alan is recording payroll that was processed outside of QuickBooks. Which QuickBooks function would be most useful?<\/p>\n
A. Payroll summary<\/p>\n
B. Pay bills<\/p>\n
C. Journal entries<\/p>\n
D. New invoice<\/p>\n
Answer: C. Journal entries<\/strong><\/p>\n
When recording payroll done outside the QuickBooks setup, the best thing is to make a journal entry. The handwritten record of transactions which have transpired beyond QuickBooks can be entered in to journal entries and include payroll expenses, taxes, and liabilities. Through journal entries, you can precisely portray the way payroll-like expenses and liabilities appear in the QuickBooks records, which will guarantee that your financial reports for different periods remain up-to-date and accurate. Beside those options that Payroll Summary, Pay Bills, and New Invoice would not work for processing payroll done outside the system.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"