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January 24, 2022
Question

Quickbooks payroll is causing two different amounts to hit out payroll expenses. A net payroll expense from our checking and a gross payroll amount Quickbooks puts in?

  • January 24, 2022
  • 2 replies
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It causes our P

2 replies

January 24, 2022

Hello,

 

Can you please be more specific or provide more information?

 

QBO should show gross amounts hitting expense account where you track gross wages as well as taxes paid and of course a decrease in your bank account for the net of the check paid to the employee.  Here is an example of a payroll check and what accounts each check hits.

 

 

January 24, 2022

Thanks for reaching out to the Community, kl2026.
 

QuickBooks posts payroll wages to an expense account you've selected in your Payroll Settings. You can review it to verify if you've assigned the correct account.
 

Here's how:

  1. Use your Gear (⚙️) icon, then go to Payroll Settings.
  2. Access the Preferences tab.
  3. In your Wage Expense Accounts section, confirm you've chose the appropriate account.
  4. Review all other necessary information.
  5. Select OK to save your changes.


You'll be able to find more details about managing payroll preferences in our Payroll accounting preferences article.
 

I've also included a detailed resource about payroll expenses which may come in handy moving forward: What is a payroll expense? A guide to payroll expenses
 

Please feel welcome to send a reply if there's any additional questions. Have a great day!