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May 20, 2022
Question

Employer DPSP contribution during a vesting period

  • May 20, 2022
  • 1 reply
  • 0 views

How do I record the employer portion of a DPSP during a 2 year vesting period.  The monies are paid to the investment company on behalf of the employee but the employee does not actually receive the benefit until after a 2 year vesting period.  Thanks for any help.

1 reply

May 20, 2022

Hi 1LifeKathy,

 

Welcome to Community!  QuickBooks Online Payroll has the features you need to stay ahead of your work.  I'll be happy to point you in the right direct so you can complete your QuickBooks goals with peace of mind!

 

Based on the information you've provided, it's best to reach out to your accountant for the best course of action.  If you don't have one, we can help you locate a ProAdvisor in your local area.

 

Feel free to reach back out if you have other questions.  We'd be glad to assist!