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1935 1451 4278 549
October 14, 2020
Solved

Has the way QB Advanced deals with small employers NI allowance been fixed? My NI is still showing as an Expense, via the payroll journal.

  • October 14, 2020
  • 1 reply
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Best answer by payment after leaving

thanks for reply.  Yes, I could do a journal but you fail to explain why we, having to pay more as a result of forced migration to the more expensive Advanced (we have 3 part time employees and that's it, it's not complicated),  have to do more work as a result.  Standard QB did not require any manual accounting of the allowance, so why cannot the presumably more advanced Advanced version do the same? I"m not being thick, I can see there are others in the community who do not accept this either. 


Hi 1935 1451 4278 549 At the present time, as previously stated, to account for the Employment Allowance (EA) you'll have to create two additional lines for the amount of the EA on the journal, the first line would be crediting the Payroll Taxes expenses account and the other would be debiting the Payroll liabilities account/Employer National insurance. We appreciate that this is additional work and time consuming  and that the standard payroll accounts for the allowance automatically. Our engineers are aware of the issue and hopefully they will update the product accordingly near future.

1 reply

G
GeorgiaC
October 14, 2020

Hi there, 

 

Thanks for your post - I'm unable to locate an active investigation for this, would you be able to reply with a screenshot of the journal below, covering any sensitive info so we can take a closer look? 🧐

 

 

1
1935 1451 4278 549Author
October 14, 2020

Do you really need a screenshot? There are plenty of questions and comments about the topic already on the forum, so it should be well known to QB staff.  To recap, we receive the £3k employers allowance and as a result our Employers NI shouldn't show as an expense and liability to HMRC. (we are less than £3k so don't pay any at all). When the payroll is run, the amount we would have paid if not for the allowance goes to Employers NI expense and liability. When it should actually be zero.
This was easily handled in QB Standard, but for those of us force to migrate to Advanced this was no longer the case.
Andrea
p.s Being told to do a journal myself to correct it, is not the service QB clients want. That's the answer previously given.

S
ShiellaGraceA
October 14, 2020

Thanks for getting back to us, @1935 1451 4278 549.

 

I'll share some information about the employer NI. For QuickBooks Advanced, the company portion of NI will be posted to an expense account and will be totaled in the liability account.

 

To apply the credit, you'll have to create a journal entry. Just go to +New, and then Journal entry under Other.

 

I've added these articles about QBO Advanced payroll for more information. It has links and resources that'll help you with other payroll tasks.

 

Please let me know if you still have questions or concerns. Just drop them in the reply section below and I'll be glad to answer them for you. Take care!

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