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D
dmiller4
January 14, 2020
Question

My payroll is being recorded twice. Once under payroll expenses showing net and then lines for payroll taxes and then again under wages (Gross). How can I fix this?

  • January 14, 2020
  • 1 reply
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1 reply

MaryLurleenM
MaryLurleenM
January 14, 2020

Hello there, dmiller4,

 

When you create payroll in QuickBooks, the system distributes the amounts to its respective accounts. These accounts are created to track your payroll liabilities and expenses.

 

Your payroll is not recorded twice, it's just added to the accounts for tracking. You can view your payroll accounting preferences with these steps:

  1. Click the Gear icon.
  2. Select Payroll Settings.
  3. Select Preferences, then click Accounting Preferences.

You can learn more here: Payroll accounting preferences.

 

Stay in touch with me if you have additional questions. I'll be more than willing to help.

D
dmiller4Author
January 14, 2020

My profit statement would differ in opinion.  As I stated above I have a line being subtracted that says wages and then I have lines that say Payroll expenses and also had the breakdown of taxes.  See screenshot.

K
Kendra H
January 14, 2020

Good Evening, @dmiller4. 

 

Thank you for providing feedback and also a screenshot of the issue. 

 

After reviewing this thread and looking over the screenshot you provided, it looks like you've accidentally switched payroll accounts and not used the Back Date feature. This means that all your previously ran payroll is recorded in one account and your recently processed payroll is being recorded in a new account. 

 

My colleague @MaryLurleenM has provided the correct information above to get you back to business. Going to your Payroll Account Preferences is where you can go to view and edit your payroll information. It's also where you can see which Expense and Liability accounts are affected when you create a paycheck. 

 

The change of settings affects future transactions. Since this is affecting your reports, you can backdate these changes for all transactions to the beginning of the year. 

 

If you have any more questions or concerns, I'm always a Reply away. Have a wonderful rest of your day! 

 

 

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