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October 23, 2023
Question

Initially, an incorrect COA account was used in QBO Payroll setup. Now, I must move prior payroll transactions from the wrong account to the correct one.

  • October 23, 2023
  • 1 reply
  • 0 views
After setting up payroll in QBO Online, an incorrect checking account on the Chart of Accounts (COA) was initially used. Although the mapping has been corrected, I now need to transfer all previous payroll transactions from the wrong checking account to the correct one. When I click the 'edit' part of the transaction in COA, it automatically redirects to reports without opening the transaction. How can I transfer the payroll transactions from the wrong account to the correct one

1 reply

October 23, 2023

Hi anifelgallega-qb,

 

Welcome to Community!  I'm happy to hear that you were able to successfully map your QuickBooks Online Payroll accounts.  It's important that your previous payroll transactions are also applied to the correct account, to keep your records aligned.  I'd be glad to help!

 

To move payroll transactions to the correct account you'll create a journal entry by following the steps here.  If you require additional assistance with the process, please reach out to an accounting professional.  If you don't have an accountant, we can help you locate a ProAdvisor in your local area.

 

If you have any other questions, feel free to reach back out.  We're here for you!