Skip to main content
J
jsmith13
June 14, 2022
Question

voluntary payroll deductions

  • June 14, 2022
  • 1 reply
  • 0 views

We recently converted to QuickBooks online advanced from QuickBooks desktop. Our employees have voluntary payroll deductions for them to purchase tools and pay back a little each week. There are now two chart of accounts showing  for each employee . The desktop had the tool accounts listed as other current liabilities. The online has one listed as other current assets. We need combine so that there is only one account. What do we do to correct this?

1 reply

A
Amanda-B
June 14, 2022

Hey there jsmith13, 

 

Thanks for reaching out to us here. It's important that you are able to get the correct accounts in QuickBooks Online in order for your books to balance properly. QuickBooks Online Payroll is a great tool to use, It allows you to set up deductions for all your Employees and create accounts in the Chart of accounts. I can provide some information about Payroll deductions and combining accounts.

 

In QuickBooks Online there isn't the options to combine these two accounts, In order to be able to combine accounts they would need to be the same account type. I recommend leaving feedback by Navigating to the Gear icon and selecting Feedback. These comments are considered by our Engineers as they develop new features for QuickBooks.

 

If you have any other questions, feel free to reach out here.

Terms & ConditionsAccessibility statement