I can think of two scenarios for this. I'm here to help you set up 401 (k) and Roth 401 (k).
If you're trying to set up deductions for an employee who worked for over 50 years, here's how you can set up the retirement plan:
From the Payroll tab, select Employees.
Click the employee's name.
On the Deductions & contributions section, click Start or Edit.
Click + Add deduction/contribution.
Select + Add deduction/contribution.
Under Deduction/contribution type, select Retirement plans.
Select 401(k).
Enter the necessary information.
Click Save.
Then, repeat steps 1 to 6 for the other deductions. As for step 7, make sure to select Roth 401(k).
If you want to set up contributions by batch for 50 employees, this option isn't available in QuickBooks. With that, I suggest looking for an application that can help achieve this goal. While I'm unable to recommend one, you can explore this page to look for an applilcation: Intuit Apps.
If you mean something else, please let me know. I'm here to ensure I resolve your concerns.
When everything is in place, you might want to use this resource as a reference in efficiently running your payroll: Create or run payroll.
Keep me in the loop by leaving a reply below if you need more help with 401k or with your payroll. I'll be here ready to assist you.
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