Thanks again for your quick response! Is there any way to stop the accruals (remove the item from payroll)? My client only pays worker's comp annually so this tool is not helpful for her at this time, and is actually costing time and money for me to do the adjustments after the fact.
Hi @AJBookkeeping,
Thank you for your prompt reply. Let me take care of this question for you.
Although there isn't a way to directly turn off the Worker's Compensation Tracking feature, you can assign a code to your employees to exempt them from this insurance.
Here's how:
- Go to the Workers Comp Code drop-down menu.
- Select Add New.
- Assign the Exempt code.
You can then follow the steps listed in this article to manually track Worker's Comp in QuickBooks Desktop: Manual Workers' Compensation in QuickBooks Desktop. At the bottom of the page, you can find steps on how to edit the rate, as well as the Experience Modification factor.
Don't hesitate to post a comment below if you have other questions. I'll be sure to get back to you.