Payroll services of the Quickbooks are highly beneficial for the businesses as well as entrepreneurs in generating payment for their employees without any hassle. Payroll feature of Quickbooks comes with a user-friendly module which has various options. But there are instances, when Quickbooks payroll services are affected by some errors and one such error is QuickBooks Payroll Error PS033 also commonly known as Quickbooks error PS033. Quickbooks error PS033 is usually encountered due to a damaged CPS folder.