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Select from the Quicken account to import into drop down.Next, import the payroll file into Quicken. If there is a warning that the file already exists, select Yes to overwrite.We recommend that you accept that default name. The export file is called payroll.qif.
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QUICKEN MAC VS WINDOWS SOFTWARE
Select Quicken for Windows or Mac (QIF) from the software drop down list.Under the Export heading, select Preferences.Use the exact same names of the Quicken accounts you will use for the payroll data. You will use the Export Preferences page to enter your Quicken accounts. Set up accounts in your Intuit Online Payroll account.Once classes have been set up, write down their names or print the list of classes and highlight the ones you will use for the payroll data. If you want to use Quicken classes, create them before setting up your export preferences in your payroll account. You can use classes to group your expenses by departments, locations, or any other meaningful breakdown of your business. Quicken classes allow you to classify your payroll expenses. If you use subcategories, use a colon to separate the category name from the subcategory for example: Payroll:Gross Wages (no space before or after the colon).If you use subaccounts, use a dash to separate the account name from the subaccount for example: Payroll-Federal Taxes (no space before or after the dash).To find the names of categories for employee wages and employer payroll taxes, choose Tools > Category List.
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(For cash advance and loan repayment, use asset accounts.) Find the name of the bank account you use to write payroll checks and the liability accounts you use for tax and deduction liabilities.
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This article provides detailed instructions on how to export to Quicken and what to do each time you run payroll.