Pinterest

How to Choose and Set Up Benefits in QuickBooks Payroll?

An employee’s earnings not only consist of the monthly salary or wages, but also the benefits they are entitled to […]


Free Trial Dancing Numbers Online
Voiced by Amazon Polly

An employee’s earnings not only consist of the monthly salary or wages, but also the benefits they are entitled to receive. Organizations, therefore, have to have a software solution to keep track of all the additions and deductions to be made to finalize the amount to be credited to the employees accounts or entered on the paycheck. In this article learn how to choose and set up benefits in QuickBooks Payroll.

Small and medium-sized companies have QuickBooks Payroll to handle their employees pays. The software, therefore, makes selecting and setting up benefits perfectly so that employees have no issue with the amount mentioned in the checks.

Save Time, Reduce Errors, and Improve Accuracy

Dancing Numbers helps small businesses, entrepreneurs, and CPAs to do smart transferring of data to and from QuickBooks Desktop. Utilize import, export, and delete services of Dancing Numbers software.

What Are The Benefits Employees Receive?

The benefits that employees receive differ from employer to employer. While few companies offer healthcare benefits, paid sick leave, etc., there are some that provide retirement plans, disability insurance, and others in addition to those. Based on the benefits that companies offer, their QuickBooks Payroll works.

Why Choose & Set Up Benefits in QuickBooks Payroll?

As the benefits offered to employees are not the same for all companies, the software gives a number of perks that organizations can choose from to set up the benefits in QuickBooks Payroll. Based on what a particular company offers its employees, they can select those and set up the interface in accordance with that. As a result, the software will count on only those benefits that show up there.

The best thing about using the software is that it tracks all compliance issues all across the United States, helping secure health and retirement benefits to ensure accurate compensation calculations.

How To Choose & Set Up Benefits in QuickBooks Payroll?

In an organization, people have fixed compensation along with some added benefits that count in be mentioned in the paychecks. However, the benefits that company A offers might be different from what company B offers to its employees. Considering the distinguished set of benefits that employers offer their employees, QuickBooks Payroll provides them an opportunity to set up the relevant benefits accordingly and begin working on them.

Setting Up Healthcare Benefits

The steps for setting up health insurance benefits are listed below:

Step 1: Go to the QuickBooks dashboard.

Step 2: From the side menu, select Payroll.

Step 3: Click on the Benefits tab.

Step 4: Choose the Find My Plan option.

Step 5: QuickBooks finds the employee data to select the best plans.

Step 6: Narrow down the options by using the filters at the top. This could be dome based on the parameters available, including employee type, demography, etc.

Step 7: Make comparisons between the available plans.

Step 8: Click on the one that interests you. Go through the features.

Step 9: Tap Start Application for the plan you select. It takes 15-20 minutes to begin.

Step 10: Select complimentary plans if required as the software makes room for it.

Step 11: Choose the start date for coverage.

Step 12: Select contributions – the amount employees will pay and the employer will pay.

Step 13: Select people who will be included and excluded in the coverage. For example, part-time employees remain exempted from the coverage.

Step 14: You can also set waiting periods for employees on probation. QuickBooks Payroll has that option too.

Step 15: Add employee information and send invites, asking them to apply for insurance. As soon as the forms are sent, the insurance companies would require being notified of the same.

Step 16: Upload documents in QuickBooks so that the payroll gets updated accordingly.

Selecting Retirement or 401 (k) Benefits

QuickBooks partners with Guideline to offer retirement benefits. The steps to choose and set it up are as follows:

Step 1: Go to the QuickBooks dashboard.

Step 2: From the side menu, select Payroll.

Step 3: Click on the Benefits tab.

Step 4: Choose the Find My Plan option in the 401 (k) option.

Step 5: QuickBooks finds the employee data to select the best plans.

Step 6: The software will take you to Guideline’s official website.

Step 7: Among the three plans, you can choose one and the cost estimator will help you.

Step 8: Click the plan you have interest in.

Step 9: Start the application process.

Step 10: Click QuickBooks.

Step 11: An agent will connect with and help you finish the application.

Step 12: In case you are looking forward to collaborating with some other service provider, you will have to add details manually.

The steps mentioned above are clear and easy to follow for users. However, there may be instances of you getting stuck at any of the above-mentioned steps. In such a scenario, you can connect with Dancing Numbers experts via LIVE CHAT anytime and they will help you.

We have a team of experts who deal with QuickBooks-related issues and can help you with any problem that you might face while choosing and setting up benefits in QuickBooks payroll.

Accounting Professionals, CPA, Enterprises, Owners
Accounting Professionals

Looking for a professional expert to get the right assistance for your problems? Here, we have a team of professional and experienced team members to fix your technical, functional, data transfer, installation, update, upgrade, or data migrations errors. We are here at Dancing Numbers available to assist you with all your queries. To fix these queries you can get in touch with us via a toll-free number
+1-800-596-0806 or chat with experts.


How to Set up time off Benefits in QuickBooks Payroll?

Besides the health insurance and retirement benefits, there are other paid time off and unpaid time off considerations for employers. The time-off benefits is easy to set up while using the software. Here are the steps to achieve it:

Step 1: Go to QuickBooks.

Step 2: On the side menu, select Payroll.

Step 3: Choose the Employee option.

Step 4: Click on Add Pay types.

Step 5: A pop-up window appears.

Step 6: Scroll and go to Time off Pay Policies.

Step 7: Click Add New Policy.

Step 8: Fill up the rules as required based on accrual, maximum hours, and hours earned.

Step 9: Click Save.

How to Set up Additional Pays?

The additional pays like bonuses and commission also need to be added to paychecks for employees. To set it up, let’s follow the following steps:

Step 1: Go to QuickBooks.

Step 2: On the side menu, click on Payroll.

Step 3: Select Employee.

Step 4: Choose Add Pay Types.

Step 5: Scroll and go to Common Pay Types.

Step 6: Now, tap the pay type you want. If the same is not listed, create one.

Features of Dancing Numbers for QuickBooks Desktop

Imports

Imports

Exports

Exports

Deletes

Deletes

Customization

Customization

Supported Entities/Lists

Dancing Numbers supports all QuickBooks entities that are mentioned below:-

Customer Transactions

Invoice
Receive Payment
Estimate
Credit Memo/Return Receipt
Sales Receipt
Sales Order
Statement Charge

Vendor Transactions

Bill
Bill Payment
Purchase Order
Item Receipt
Vendor Credit

Banking Transactions

Check
Journal Entry
Deposit
Transfer Funds
Bank Statement
Credit Card Statement
Credit Card Charge
Credit Card Credit

Employee Transaction / List

Time Tracking
Employee Payroll
Wage Items

Others

Inventory Adjustment
Inventory Transfer
Vehicle Mileage

Technical Details

Easy Process

Easy Process

Bulk import, export, and deletion can be performed with simply one-click. A simplified process ensures that you will be able to focus on the core work.

Error Free

Error Free

Worried about losing time with an error prone software? Our error free add-on enables you to focus on your work and boost productivity.

On-time Support

On-time Support

We provide round the clock technical assistance with an assurance of resolving any issues within minimum turnaround time.

Pricing

img

Importer, Exporter & Deleter

*See our Pricing for up to 3 Company Files

$199/- Per Year

Pricing includes coverage for users
  • Services Include:
  • Unlimited Export
  • Unlimited Import
  • Unlimited Delete

img

Accountant Basic

*See our Pricing for up to 10 Company Files.

$499/- Per Year

Pricing includes coverage for users
  • Services Include:
  • Importer,Exporter,Deleter
  • Unlimited Users
  • Unlimited Records
  • Upto 10 companies

img

Accountant Pro

*See our Pricing for up to 20 Company Files.

$899/- Per Year

Pricing includes coverage for users
  • Services Include:
  • Importer, Exporter, Deleter
  • Unlimited Users
  • Unlimited Records
  • Up to 20 companies

img

Accountant Premium

*See our Pricing for up to 50 Company Files.

$1999/- Per Year

Pricing includes coverage for users
  • Services Include:
  • Importer, Exporter, Deleter
  • Unlimited Users
  • Unlimited Records
  • Up to 50 companies

Dancing Numbers: Case Study

Frequently Asked Questions

 
How and What all can I Export in Dancing Numbers?

You need to click "Start" to Export data From QuickBooks Desktop using Dancing Numbers, and In the export process, you need to select the type you want to export, like lists, transactions, etc. After that, apply the filters, select the fields, and then do the export.

You can export a Chart of Accounts, Customers, Items, and all the available transactions from QuickBooks Desktop.


How can I Import in Dancing Numbers?

To use the service, you have to open both the software QuickBooks and Dancing Numbers on your system. To import the data, you have to update the Dancing Numbers file and then map the fields and import it.


How can I Delete in Dancing Numbers?

In the Delete process, select the file, lists, or transactions you want to delete, then apply the filters on the file and then click on the Delete option.


How can I import Credit Card charges into QuickBooks Desktop?

First of all, Click the Import (Start) available on the Home Screen. For selecting the file, click on "select your file," Alternatively, you can also click "Browse file" to browse and choose the desired file. You can also click on the "View sample file" to go to the Dancing Numbers sample file. Then, set up the mapping of the file column related to QuickBooks fields. To review your file data on the preview screen, just click on "next," which shows your file data.


Which file types are supported by Dancing Numbers?

XLS, XLXS, etc., are supported file formats by Dancing Numbers.


What is the pricing range of the Dancing Numbers subscription Plan?

Dancing Numbers offers four varieties of plans. The most popular one is the basic plan and the Accountant basic, the Accountant pro, and Accountant Premium.


How can I contact the customer service of Dancing Numbers if any issue arises after purchasing?

We provide you support through different channels (Email/Chat/Phone) for your issues, doubts, and queries. We are always available to resolve your issues related to Sales, Technical Queries/Issues, and ON boarding questions in real-time. You can even get the benefits of anytime availability of Premium support for all your issues.


How can I Import Price Level List into QuickBooks Desktop through Dancing Numbers?

First, click the import button on the Home Screen. Then click "Select your file" from your system. Next, set up the mapping of the file column related to the QuickBooks field. Dancing Numbers template file does this automatically; you just need to download the Dancing Number Template file.

To review your file data on the preview screen, just click on "next," which shows your file data.


What are some of the features of Dancing Numbers to be used for QuickBooks Desktop?

Dancing Numbers is SaaS-based software that is easy to integrate with any QuickBooks account. With the help of this software, you can import, export, as well as erase lists and transactions from the Company files. Also, you can simplify and automate the process using Dancing Numbers which will help in saving time and increasing efficiency and productivity. Just fill in the data in the relevant fields and apply the appropriate features and it’s done.

Furthermore, using Dancing Numbers saves a lot of your time and money which you can otherwise invest in the growth and expansion of your business. It is free from any human errors, works automatically, and has a brilliant user-friendly interface and a lot more.


Why should do you change the Employee status instead of deleting them on QuickBooks?

If you are unable to see the option to terminate an employee on your list of active employees on the company payroll, this mostly implies that they have some history. Thus, if you change the employee status instead of deleting it on QuickBooks, the profile and pay records remain in your accounting database without any data loss in your tax payments.


Is it possible to use the Direct Connect option to sync bank transactions and other such details between Bank of America and QuickBooks?

Yes, absolutely. You can use the Direct Connect Option by enrolling for the Direct Connect service which will allow you access to the small business online banking option at bankofamerica.com. This feature allows you to share bills, payments, information, and much more.


Why should do you change the Employee status instead of deleting them on QuickBooks?

If you are unable to see the option to terminate an employee on your list of active employees on the company payroll, this mostly implies that they have some history. Thus, if you change the employee status instead of deleting it on QuickBooks, the profile and pay records remain in your accounting database without any data loss in your tax payments.


What are the various kinds of accounts you could access in QuickBooks?

QuickBooks allows you to access almost all types of accounts, including but not limited to savings account, checking account, credit card accounts, and money market accounts.

Get Support

Bulk import, export, and deletion can be performed with simply one-click. A simplified process ensures that you will be able to focus on the core work.

Worried about losing time with an error prone software? Our error free add-on enables you to focus on your work and boost productivity.

Close X
Call Now+1-800-596-0806
Dancing Number

We value your privacy and are strongly against any kind of phishing, spam, and malware. We collect your information for our legitimate business purpose only. This information is safe with our in-built security.

X



    Top