Can QBO keep track of garnishment payments in a liability account?

Yes, @Ruth11_2. QuickBooks tracks the garnishment payments. In a few steps, I'll show you how to do it.

If your QuickBooks payroll service is operational, you can create a garnishment item to track the payment. After doing this, it offsets the amount.

See the steps outlined below:

1. Go to the Payroll menu, then Employees.
2. Choose the employee's name.
3. Select edit ✎ beside Pay.
4. Choose edit ✎ to add a deduction.
5. On the drop-down, select Garnishment and Garnishment Type.
6. Enter the description, amount requested, and the maximum percent of disposable income.
7. Click OK once done.

You can also utilize this page to keep track of your financial accounts and find out how to handle your payroll accounting settings: Change your accounting preferences in QuickBooks Online Payroll.

Moreover, if you need to access summary reports or customize payroll reports, you may access vital data about your company and employees using a variety of payroll reports. Click this article for your guide: Run payroll reports in QuickBooks Online Payroll.

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