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Peti135
December 29, 2022
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Change workers comp account in quickbook's payroll items

  • December 29, 2022
  • 1 reply
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We have a new workers comp carrier this year.  I set up this carrier with a new "Company Contribution account"

I deactivated the old one but QBKS only uses the old one regardless.  We know this because on the payroll check generated through QBKS payroll module. It shows the old one in the company contribution box "WCI" and in the accounts it shows the ins and outs going to the old one not the new one.  Would like to know how to re direct Qbks payroll module to use the new account

 

 

Best answer by AbegailS_

Hi there, @Peti135. 
 

I'll be glad to share details about Workers Comp.

 

You’ll want to set up worker’s compensation before paying your employees to avoid incomplete and incorrect reporting. You can start by turning on the feature in the program to track them. Let me breakdown the steps for you:

 

  1. From the main menu, go to Edit > Preferences.
  2. Choose Payroll & Employees and then go to Company Preferences.
  3. Select Workers Compensation and then put a checkmark on the Track Workers Comp checkbox.
  4. Mark the following checkboxes as well:
    • Display message to assign codes to show the Workers Comp messaging in QuickBooks.
    • Exclude overtime premium from Workers Comp calculation to display overtime premium as a separate item on your report.
  5. Click on OK then OK.

Once the feature is activated, you can directly set up Workers Comp for your employees. Additionally, please make sure that we have the latest payroll tax table. You can update it so we can avoid any issues with your payroll.


For more detailed steps, here's a great resource that you can check on: About Workers' Compensation in QuickBooks Desktop.

 

In addition, here are the available reports for workers’ comp with their description and how you can run them in QBDT.

Should you have other questions about Workers Compensation in QuickBooks, please let me know. I’ll be happy to assist you further.

1 reply

A
AbegailS_Answer
December 29, 2022

Hi there, @Peti135. 
 

I'll be glad to share details about Workers Comp.

 

You’ll want to set up worker’s compensation before paying your employees to avoid incomplete and incorrect reporting. You can start by turning on the feature in the program to track them. Let me breakdown the steps for you:

 

  1. From the main menu, go to Edit > Preferences.
  2. Choose Payroll & Employees and then go to Company Preferences.
  3. Select Workers Compensation and then put a checkmark on the Track Workers Comp checkbox.
  4. Mark the following checkboxes as well:
    • Display message to assign codes to show the Workers Comp messaging in QuickBooks.
    • Exclude overtime premium from Workers Comp calculation to display overtime premium as a separate item on your report.
  5. Click on OK then OK.

Once the feature is activated, you can directly set up Workers Comp for your employees. Additionally, please make sure that we have the latest payroll tax table. You can update it so we can avoid any issues with your payroll.


For more detailed steps, here's a great resource that you can check on: About Workers' Compensation in QuickBooks Desktop.

 

In addition, here are the available reports for workers’ comp with their description and how you can run them in QBDT.

Should you have other questions about Workers Compensation in QuickBooks, please let me know. I’ll be happy to assist you further.

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    Peti135Author
    December 29, 2022

    Abegail, thank you very much  for the response. It resolved the issue but raised another.  When I get to the screen regarding ex mod rate, the button saying "yes, I use an ex mod rate"  is checked, but grayed out such that I can not change the ex mod rate which is currently set a 100%. Any ideas? 

     

    next to your name on your reply it says "empl".  I presume that means you are an employee of Intuit/Quickbooks.  FYI When I called customer support, they said they had no information on how to change the carrier information.  If you have a way to have this added to their data base it would be helpful for others.

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