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Y
yb14
May 4, 2020
Question

How do I clear a Payroll Liability amount in the Payroll Liabilities Center?

  • May 4, 2020
  • 1 reply
  • 0 views

There is a medical item in Pay Payroll Liabilities that need to be zero. This item is a deducted amount from employees, but the company doesn't have expense with the Medical Agency because it has a credit with them. The employees owed this money to the company, but the company doesn't owe to the Medical Agency.

1 reply

J
JamesM
May 4, 2020

Hi there,

 

Making sure you're recording your transactions the right way is a good exercise for preventing errors in your books. 

 

I recommend contacting an accounting professional to get more info on this. If you're not in contact with one, I encourage you to search for one on our website using this link here. Doing this will help prevent any future discrepancies. Let me know if you have other questions. I'm here to help.

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