How do I make custom payroll liability payments in QBO?

It's nice to see you in the Community today, 12-parsecs.

Timely payment of your non-tax liabilities is crucial to maintaining accurate financial records. I'm here to offer support and address your concern about making custom liability payments for Simple IRA contributions. 

The payroll system does not support creating checks for non-tax liabilities, such as health insurance premiums, 401(k) contributions, and child support. That's why, you're unable to create custom liability payments. 

You'll have to manually create them from the Check screen to process these payments. I would be glad to guide you through the details of tracking the entry.

Here's how:

1. In your company, click the New menu and then select Check.
2. Choose the account used for liability payments under the Bank Account drop-down menu.
3. Click the Choose a payee drop-down menu and select the vendor.
4. In the Account details section, choose the category you use for tracking your liability payments and enter the amount. If unsure, follow these steps to check your liability preferences:
1. Head to the Payroll menu on the left panel and go to the Employees tab to select Payroll Setup.
2. In the center column, select Accounting.
3. Under the Tax Liability Accounts, you'll see your current liability preferences.
5. In the Description field, add which one is for employee or employee.
6. If you have sub-accounts for each agency, add the specific accounts and enter the appropriate amount for the agency.
7. Fill in the rest of the transaction and tap the Save and close button.

This reference provides a thorough explanation of the process, including step-by-step instructions on setting up recurring transactions and printing the entry: Create a payroll liability check.

To gear up for the approaching year-end filings, you can make use of these resources as a handy reference on how to pay and file your federal and local taxes:

• Set up QuickBooks Online Payroll to pay and file your payroll taxes and forms
• Pay and file payroll taxes and forms in Online Payroll
• Year-end checklist for QuickBooks Online Payroll

Keep me posted if you have additional questions on how to manage your Simple IRA contributions and update your payroll liabilities schedule. I'll be more than happy to lend a helping hand, @12-parsecs, and @Datoch00. Enjoy your weekend.