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November 28, 2024
Question

My client would like to "give" stocks to their employees. How is that posted in QBO? I need information on the payroll and accounting/JE tasks.

  • November 28, 2024
  • 1 reply
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What income type are stocks? What accounts would be used?

    1 reply

    November 28, 2024

    Hi Lwhitty, 

     

    Thanks for reaching out to us here. I'll be glad to share more info so you're on the right track with recording your transactions. 

     

    Entering your transactions the right way is essential for ensuring your books remain accurate. I recommend consulting an accounting specialist for expert advice. This ensures your entries are recorded in a way that allows for you to navigate the program with peace of mind. You can get in touch with an accounting professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in.

     

    In the meantime, feel free to check out the following resource:

     

    Let me know if this info helps. I'll be a message away.