A payroll tax/contribution is a tax/contribution that is taken into consideration when accruing salary to your employees. To set the payroll tax/contribution, you type in the name for the payroll tax/contribution you want to add, select the type of payroll tax/contribution, and indicate your company’s liability and expense accounts. Later, when you perform payroll accrual on the Payroll page, taxes and contributions will be counted automatically by the system for all the added employees.
