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January 4, 2022
Question

HELP! Spent 5 Hrs w/ QB Reps and No Good Answer - I NEED to input a JOURNAL ENTRY for a Health Insurance Fringe Benefit for a 2% or More Shareholder. I do not want to MOVE any $$, only Journal Entry to allocate $ Spent on HI for owner/employee

  • January 4, 2022
  • 1 reply
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1 reply

January 5, 2022

I hear your sentiments, RDKPA.

 

I want to make it up to you by making you'll be able to record a Journal Entry for your Health insurance in QuickBooks Desktop.

 

It's best to consult expert advice from an accountant to ensure your books will be accurate. They can guide you in dealing with this recording in the system accurately.

 

I've added these resources about creating journal entries and adjusting payroll liabilities for future reference:

 

 

 Let me know if there's anything else I can do for you. I'll be standing by for your response. Have a great day.