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How to add previous director's salary AFTER signing up for QB

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Good morning,

I have started my company last year, have paid myself a salary (non NI relevant / £120/week / one off payment for several weeks at once), but I have only after this signed up for QB. Now I have a bank transaction over the amount, but how can I add this QB / the right ledgers?

Thank you

A

Ashleigh1Answer

Thank you. I can confirm it is standard payroll

Hello HistP2605, thanks for checking that, If you are using standard payroll and want to account for amounts that you have paid yourself/employees then when you set up the employee you have to enter the relevant info in the pay history section within the pay history section. If you want to account for the wage amount on the bank but that hasn't been accounted for by using a payroll system in QB you will just have to create and allocate it to a specific expense account.

E

EmmaM

Hello HistP2605, Welcome to the Community! We can certainly help with how to record the director's salary. Can we check are you using Quickbooks Payroll or are you want to just add the director's salary through the banking?

H

HistP2605Author

Hi Emma, Thank you for your message. I have established my Ltd in September last year, but only signed up for Quickbooks now (I didn't use any other app either - just Excel). I have paid myself a director's salary already in April. How do I account for this in Quickbooks (my quickbooks subscription includes payroll)? Thank you

A

Ashleigh1

Hello HidtP2606, which payroll do you have in your QuickBooks account is it our Standard payroll or Advanced payroll.

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