Paycheck setup for own business
Anil
Member ✭✭✭
I am trying to setup a paycheck process in Quicken. I have my own business with its own business checking account. I run my payroll from my business checking account to my personal checking account. I dont see an option to set this up. I can setup a paycheck in my personal checking account but I want to make sure it comes from my business checking account. Here is the scenario:
1) At the end of the month, money gets deducted from my business checking account.
2) I pay personal taxes and business taxes every month (plus 401k etc)
3) Then the net amount goes to my personal checking account.
So I want to track the taxes paid, transfer from business account to personal checking.
Thanks in advance
1) At the end of the month, money gets deducted from my business checking account.
2) I pay personal taxes and business taxes every month (plus 401k etc)
3) Then the net amount goes to my personal checking account.
So I want to track the taxes paid, transfer from business account to personal checking.
Thanks in advance
1
Comments
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Just transfer the NET to your personal checking via the "Deposit Accounts" section of the Paycheck Wizard.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0
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