Question
Payroll Tax have two entries, one for the actual amount, another for the amount they withdrew. Creating a mismatch between quickbooks and bank balance.
How do I fix this difference? Quickbooks payroll applied a previous amount ($180.37) that they withdrew to this payroll tax liability. So the withdraw amount from our business banking is different than the payroll tax liability entry. But both entries are being counted against my balance though so I cannot reconcile the account. The $2062 amount is never going to be withdrawn. The actual withdrawn amount is $1,881.63 ($2026.00 - 180.37).
