Payroll Posted to Wrong Account?

I've got some steps that can help you post your payroll to the correct account, Shane.

To do this, we can go to your payroll settings and change the checking account to the correct one. This will ensure that the payroll will be posted to the proper account in the future. Here's how:

1. Go to the Gear icon and select Payroll settings.
2. Choose Preferences, then Accounting Preferences.
3. From the Checking Account dropdown, pick the correct account.

However, the option to move paychecks directly to another bank is unavailable. So, we'll have to manually enter the payroll checks as journal entries and use them to reconcile the account. 

You can either combine all of the employees' paycheck totals into one journal entry or create a separate transaction for each employee. To ensure the amounts are accurate, you can run a payroll report (Payroll Summary, Payroll Summary by Employee, or Payroll Details) for reference.

Here's how: 

1. Go to the + New button.
2. Select Journal Entry.
3. Under the Journal date, enter the paycheck date.

To know more about how to enter the debits and credits for wages and taxes, as well as a sample paycheck, you can visit this article: Manually enter payroll paychecks in QuickBooks Online.

I recommend consulting an accountant on what specific accounts to use to record the transaction to ensure the accuracy of your books.

Moreover, you can use this article as a guide in wrapping up this year's payroll and preparing for the next: Year-end checklist for QuickBooks Online Payroll.

Should you have further concerns regarding payroll, you can always get back to this thread. It's our priority to help.