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July 3, 2019
Question

When I run payroll paid by cheque, is QBO using a Salaries/Wages Payable account? How is it balancing the amount that comes out of the account for pay?

  • July 3, 2019
  • 1 reply
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1 reply

July 3, 2019

Hi David,

 

Congrats on your first post in the Community! 

 

It's good to know which account your payroll is affecting so you can accurately keep track of your funds. I'll be glad to steer you in the right direction. QuickBooks Online makes it easy to check which account your payroll is hitting. To do this:

 

1. Click the Gear icon

2. Navigate to Payroll Settings

3. Under Preferences, click Accounting

4. From this screen you'll see how your account are mapped in QuickBooks

5. If you need to make edits, this would be the right place to do it

 

Once you've confirmed the account associated with your payroll, feel free to reach back if you have questions. I'll be on standby.