The Pay Employees window allows you to create employee paychecks. The top half of the window is designed to look like an actual paper check, with fields that allow you to enter paycheck information. The bottom half of the window contains a scrolling list of all the wage, deduction, tax and employer expense amounts that are included in the paycheck calculation.
The Pay Employees window gives you the choice of recording Pay Employees transactions directly into an account or grouping Pay Employees transactions into the linked electronic payments account.
When you record a Pay Employees transaction directly into an account, an individual cash-disbursement transaction is recorded in the account for the transaction. The Pay From Account list in the Pay Employees window displays all the bank accounts you've set up.
When you choose to group a Pay Employees transaction with other electronic payments, an individual cash-disbursement transaction is recorded in the linked electronic payments account -- not directly to your bank or credit card accounts. After you've grouped all of the Pay Employees transactions you wish, you can then make an electronic payment that will include the group of Pay Employees transactions you've selected.
You can also use this window to set up recurring paychecks and examine the Cash Disbursements Journal.