Setting up the 941 depositor information
To prepare a Schedule B in the program, the payer must be set up as a Semi-Weekly 941 Depositor on the Manage Payer screen. If the payer is not setup as a monthly or weekly depositor, the Schedule B button will not appear on the 941 prep screens.
- Click on the Payer List button.
- Highlight the payer the 941/Schedule B is to be added to.
- Choose Semi-Weekly from the 941 Depositor section.
- Click Save.
Preparing a 941 Schedule B
- Click on the Payer List button.
- Highlight the desired payer the 941 Schedule B is to be added to.
- Click on the Add Form button above the Form List.
- Select Federal in the Federal/State/Local drop down menu.
- Select the Form Name drop down arrow and choose Form 941/Sch B/ Sch D.
- Click on the Schd B button on the right.
Note: Yearli automatically enters each day's deposit for each month of the quarter. Yearli calculates the monthly totals (on line A of the form) and the quarterly totals (on line D of the form).