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- Earnings
Quicken automatically includes a line for Salary. Enter the total (gross amount before deductions) in the Amount field. You can also make the following changes here.
- If this paycheck includes multiple sources of income or earned time off, click Add Earnings to add a monetary earning (salary, bonus, profit sharing), or a time off category for which you're reimbursed (vacation, holiday, sick pay, other earning). Use the time off categories only if your paycheck requires them to calculate the total dollar amount.
- To change an existing line item, click Edit.
- To remove an existing line item, click Delete.
- Pre-Tax Deductions
Quicken leaves this area blank until you add a line yourself.
- Click Add Pre-Tax Deduction to add a tax-deferred or tax-exempt account (401(k), PERS/SARSEP/SIMPLE, flexible spending account for health-care expenses, flexible spending account for child care expenses), or an insurance category (medical insurance, dental insurance, vision insurance). You should use insurance categories only if your paycheck requires them to calculate the total dollar amount.
- To change an existing line item, click Edit.
- To remove an existing line item, click Delete.
- If your paycheck includes reimbursement for work-related expenses, you can enter a negative adjustment as miscellaneous income.
- Taxes
Quicken adds the common ones for you. In the Amount field, enter the appropriate amount.
- Click Add Tax Item to add a payroll tax deduction (federal tax, state tax, Social Security (FICA) tax, Medicare tax, state disability (SDI) tax, some other tax that is withheld.)
- To change an existing line item, click Edit.
- To remove an existing line item, click Delete.
- After-Tax Deductions
Quicken leaves this blank until you add an item yourself.
- Click Add After-Tax Item to add an after-tax account contribution (employee stock purchase plan (ESPP), 401(k) loan, employer loan repayment), or some other after-tax category. You should use other after-tax categories only if your paycheck requires them to calculate the total dollar amount.
- To change an existing line item, click Edit.
- To remove an existing line item, click Delete.
- If your paycheck includes reimbursement for work-related expenses, you can enter a negative adjustment as miscellaneous income.
- Deposit AccountsIdentify the accounts into which you deposit this paycheck. Click Add Deposit Account to add an additional one if necessary. Do this if you have part of your paycheck automatically transferred to a savings account, for example.
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