My client paid a lump sum for Payroll Tax arrears.It will cover months plus a partial payment towards the next month owing. How do I record a partial Payroll Tax paymt?

Hello incomeinc-can,

Recording your transactions the right way is a good exercise for keeping your books clean. I'd be happy to steer you in the right direction so you can focus on doing the things you enjoy. QuickBooks is a powerful program that makes it simple to manage your taxes.

To ensure accuracy in your books, I recommend contacting an accounting professional to get more info on recording the transactions. Doing this will help prevent any future discrepancies in your books. If you're not in contact with one, I encourage you to search for one on our website using this link here. Here's how to record a tax payment in QuickBooks:

1. Click on Taxes from the left, then Payroll Tax.
2. Navigate to Pay Taxes.QuickBooks Payroll displays a table with your current unpaid tax balances. It also warns you which balances are due.
3. For the tax you want to pay, select Record Payment.
4. Choose a payment date.You can indicate the Cheque Number and add Notes if you like.
   • Earliest means the next available payment date. Tax payments take two business days to process, so the next available payment date is two business days from the date you approve this tax payment.
   • Other allows you to specify a date in the future to make the payment. The date must be at least two business days from today’s date.
   • Latest means that we'll process the payment to deposit on the actual due date for the tax payment.
5. When you're ready, select Approve and print.
6. To verify your tax payment has been recorded in QuickBooks Online:
   1. Select Reports from the left menu.
   2. Enter Payroll Withholding Amount Payments in the search bar.

Give these steps a try and feel free to get back to me in the comments below. I'm here to help you achieve your QuickBooks goals.