Question

Quickbooks Online Workers Comp

Forum|Forum|3 years ago
February 17, 2023
3 replies
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Can I enter experience modifiers for workers comp insurance in Quickbooks Online like I can desktop, and how do a pull a manual payment as we have our own excellent WC insurance and do not need Intuit's.

QuickBooks Online Payroll

M

Maybelle_S

I can help add workers comp in QuickBooks Online (QBO), @LoMc.

Workers' compensation is considered insurance that helps protect you and your employees in case of on-the-job injuries, including medical coverage and wage replacement. It also helps protect employers against potential lawsuits.

Here's how:

Go to the Payroll menu.
Select your employee.
From Workers' Comp, select Start or Edit.
Select Yes, I have the tax rate.
Click New workers' comp class or choose your existing class.
Enter the other information needed.
Hit Done.

For more details, you can check the following resources below. These will provide us with steps on how to get a quote as well as run reports:

Let me know if you have additional concerns about worker's compensation. I'll be more than willing to lend a helping hand.

L

LoMcAuthor

Thank you, but I already have the codes entered for each employee - that was the easy part; and, I know how to run the report. What I need to know is how to enter experience modifiers and how to pull and adjust the payment I need to make to our workers comp insurance, as their calculations are always just slightly different. We have another company that is QuickBooks Desktop that I do the financials and payroll for and it has a place for the modifiers and has where it calculates the payroll liability payment I need to make to our insurance company, and then I can pull the payment from it. I CANNOT find that in QuickBooks Online, nor are there any answers in support.