How to Apply PPP Loan in QuickBooks? - PowerPoint PPT Presentation

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How to Apply PPP Loan in QuickBooks?

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QuickBooks created a simple approach for small business owners, freelance people, and different eligible candidates to use for a Paycheck Protection Program (PPP) loan. PPP federal relief processing will initially be obtainable for a set of QuickBooks on-line Payroll customers. Visit us for steps to apply for PPP loans. – PowerPoint PPT presentation

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Title: How to Apply PPP Loan in QuickBooks?


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QuickBooks created a simple approach for small
business owners, freelance people, and different
eligible candidates to use for a Paycheck
Protection Program (PPP) loan. The program is an
element of the Coronavirus Aid, Relief, and
Economic Security (CARES) Act, that assigned
approximately 659 billion in excusable loans to
assist you to pay employees and cover certain
operative expenses.
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HOW TO APPLY FOR A PPP LOAN
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1) 500 employees or fewer 2) Affected by the
coronavirus 3) Meet SBA size standards 4) Multiple
locations / Self-employed individuals
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To apply on-line you wish to rearrange some
documents like materials, sign, and transfer
documents. Below is that the list of constant
document you wish to collect before applying
  • IRS payroll tax filings
  • 2019 1099 -MISCs
  • Payroll processor records
  • Insurance premium expenses
  • Retirement program expenses
  • Alternative supporting documents for the relevant
    period

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If any QuickBooks user needs more info about PPP
Loans and how to apply for PPP loans they should
visit us on internet and read more about it.
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