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December 11, 2018
Question

The payroll expense section in the "profit and loss detail" changed to gross pay only and does not show net pay.

  • December 11, 2018
  • 9 replies
  • 0 views
Previously when we looked at profit and loss detail, the payroll expense deducted all tax deductions and only showed net pay. Then something happened and it only shows gross pay.

9 replies

December 11, 2018
It should be gross pay + the employer's share of payroll taxes.
December 11, 2018
how can you make it show the payroll tax deductions?
December 11, 2018
You can see the payroll tax deductions in the payroll liability account(s) and on reports.
December 11, 2018
I would like to know how to make payroll tax deductions show in the profit and loss detail only.
December 11, 2018
They aren't an expense.  Let's say you pay someone $500 gross -- that is payroll expense.  The deductions for federal & state income taxes and fica & medicare are posted to payroll taxes payable (a liability account).
December 11, 2018
That is what i've been reading through my research, but previously before today, it did add tax deductions before. It always showed the net pay instead of the gross pay previously.
December 11, 2018
Perhaps you were looking at it in the check register or elsewhere?
December 11, 2018
No, it was always "profit and loss detail". Thank you for trying to help anyways.
July 31, 2023

On my P&L Expenses, the Net pay, the Gross pay and the taxes are shown and added in.