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QuickBooks – How to Pay Your Payroll Liabilities

As you may know as the employer, you are required to track both the payroll expenses and liabilities as per the Employment Standards Act.  The following are the amounts and accounts you will look after: Company-paid portions of EI and CPP/QPP Company-paid benefits for your employees – e.g. company-provided dental plans Employees gross pay QuickBooks sets up a default called Payroll...

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