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January 30, 2022
Question

How do I edit only the checking account a payroll check is posted from?

  • January 30, 2022
  • 1 reply
  • 0 views
It was physically deducted from our main account. However, posted in QB from our secondary account.

1 reply

January 30, 2022

Hello, pjzyskconstructi.  

 

If payroll were posted to the wrong bank account, then you'll have the option to create a journal entry to transfer the funds to the correct bank account other than delete and recreate the paycheck or taxes in QBO.

 

Before doing so, I recommend getting in touch with your accountant for additional guidance in recording this. This way, we'll ensure the accuracy of your accounts after making these changes.

 

To create a journal entry:

 

  1. Select + New.
  2. Choose Journal entry
  3. Fill out the fields to create your journal entry.
  4. Press Save and close.

 

For more details about how to enter the debits and credits for wages and taxes, as well as a sample paycheck, please check the following article: Manually enter payroll paychecks in QuickBooks Online

 

Once done, run a payroll report to check if the amounts are accurate in your QBO. Also, I encourage checking our Employees and payroll taxes page for reference. There, you can read some of our great articles and learn some tips in managing your payroll. 

 

If you have any questions or clarifications, let me know by leaving a comment. I’m more than happy to help. Have a great day and stay safe!