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January 12, 2024
Question

I use Quickbooks for Mac and need to adjust my Futa payment that is owed. I don't know how to do this?

  • January 12, 2024
  • 1 reply
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My accountant sent my Futa that is owed for end of year, it does not match what Quickbooks is saying that is owed, how do I adjust the payment in Quickbooks

1 reply

Rubielyn_J
January 12, 2024

I understand the importance of ensuring that your records accurately reflect the amount owed, especially when it comes to tax liabilities, @temcmanis.

 

I'm here to assist you in navigating through the process of adjusting your FUTA payment in QuickBooks to align with the figures provided by your accountant.

 

We can adjust a payroll liability in QuickBooks. To do this, we need first to find payroll discrepancies:

 

  1. Run a payroll check-up (QuickBooks Desktop Basic, Standard, and Enhanced Payroll only). If you need to run a payroll checkup for a previous year, you must change your computer's system date to the last day of that year.
  2. Run a payroll summary report for the month or quarter you need to adjust. Take note of the amount of Payroll Items that need adjustments.

 

Once done, adjust your payroll liabilities. For detailed steps, please follow Step 2 in this article: Adjust payroll liabilities in QuickBooks Desktop Payroll.

 

Moreover, I'll be sharing these links to help resolve your unpaid and overpaid taxes

 

 

If you have any further questions about QuickBooks or any other accounting matters in the future, please don't hesitate to reach out. I'm here to support you every step of the way.