Hi there,
I've set up payroll and run it so now my payroll journals are published and payslips generated - how do I now actually pay the employees and National Insurance?
Do I pay the employee their Net Pay through my bank account then record it as an expense? Do I need to link it to the journal entry?
Where and how do I then pay the NI liability?
Thanks
Hugo
Thank you for getting back, Hugo.
Yes, you can pay your employee through your bank account. When you're about to pay your National Insurance liability, you can create an expense transaction. Make sure to input the correct account which shows the balance on your Chart of Accounts or Balance Sheet. If necessary, you can seek help from your accountant for further assistance.
For more tips about running payroll and paying liabilities in QuickBooks, you can open this article: QuickBooks Standard Payroll Journals and Paying Liabilities.
I'm looking forward to hearing from you again. If you have any other QuickBooks questions, please feel free to add a comment below. Cheers for more success!
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