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February 20, 2024
Question

Can QB online schedule payroll liabilities, check payable for items like 401K and child support? Just show payable to issue check on after payroll is ran?

  • February 20, 2024
  • 1 reply
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I have employees with child support payments due and some with 401K payments.  I need an easy way to identify the amount of the payment due each week and a way to enter the electronic payment that I make online.

1 reply

February 20, 2024

I've got you covered, Bob. Let me shed some light on handling your payroll liabilities in QuickBooks Online (QBO) to ensure that everything will be paid on time.

 

In QBO, there is no direct way to view your payables for deductions or contribution items. However, you can run a report for each specific pay period to identify the weekly payable amount. Follow these steps to proceed:

 

  1. Go to the Reports menu.
  2. In the search field, enter and choose Payroll Deductions/Contributions.
  3. Select the date range, like Last pay date or Custom, then tap Apply.
  4. Click the amount of the total liabilities to display the breakdown per employee.

 

Regarding your concern about entering the electronic payment you made, you can record these payments from the Check screen because QBO Payroll doesn't create the check to pay non-tax liabilities. Here's how:

 

  1. Click the + New button and tap Check.
  2. From the Payee  dropdown, choose the vendor.
  3. Select the account you use for liability payments from the Bank Account  dropdown.
  4. From the CATEGORY  dropdown, select the account you use to track your liability payments then enter the amount. If you have sub-accounts for each agency you are paying, make sure to select those specific accounts and enter the appropriate amount for the agency. If you're not sure which account to select, check your payroll accounting preferences setup:
    1. Go to Settings ⚙, then Payroll settings.
    2. Click Edit  in the Accounting section.
  5. Fill in the rest of the check normally, then hit Save.
  6.  

To make sure your liabilities are paid on time, I suggest setting up recurring payments to remind you when they're due. Kindly go to the Set up recurring transactions section of this article: Pay your non-tax liabilities in QuickBooks.

 

I'd like to hear how you're doing after running the report, as I want to make sure this is addressed for you. Just reply to this post and I'll get back to you. Have a wonderful day ahead!